Watch List 09/29/2014
Bounce in the market as SPY bounces the lower range of that broadening pattern it has been stuck on. SPY is back in to the wide range again. Thursday’s low is a pivot now, Bulls wants …
szaman
Watch List 09/25/2014
SPY bounced lower bollingar band as expected and we are back. Let’s see if Bull can follow through on this move. Decent range and price action for active traders out there. We are having another great …
Watch List 09/24/2014
Weakness continues in the market . As I mentioned in the last blog post, “This divergent in individual stocks and Indices might catch up soon one way or other”.It finally happened to the down side. Spy …
Watch List 09/22/2014
Red day in the market as SPY hit the top channel of the broadening pattern and backed off. Spy has support at 50 MA and bottom channel of that pattern. We are basically stuck in a big range. …
Watch List 09/19/2014
Another positive day in the market as SPY tapping the highs, however market breadth was poor , not many upside runner out there and many momentum names were week . Shorting recent momentum stocks was more profitable today than going long,strange action for a market at highs .Just something to keep in mind . SPY …
Watch List 09/17/2014
Bounce day in the market as SPY found support in lower range of bollingar band and we are back over 20 MA. Bulls want to see a hold of the lows today and follow trough on this momentum. …