[su_heading style=”modern-2-dark” size=”20″] Market Update [/su_heading] A lot has changed since Tuesday’s update. To be clear, this is the time for defense, not offense. The bears are clearly in control and are getting stronger by the day.The market is now negative for the week, the major indices broke below last Wed’s low (was an important…
[su_heading style=”modern-2-dark” size=”20″] Market Update [/su_heading] he major indices continue acting well and have turned positive for the week (healthy sign). The market opened lower on Monday but the bulls immediately showed up and quelled the bearish pressure and sent stocks higher right after the open. Overnight China’s stock market plunged 6% (equals over…
[su_heading style=”modern-2-dark” size=”20″] Market Update [/su_heading] Stocks rallied last week after the bulls showed up and defended support. It is still early, but the fact that the market refuses to break down is bullish and we have a sneaking suspicion that we will move higher from here. Of course, we remain open to any outcome…
[su_heading style=”modern-2-dark” size=”20″] Market Update [/su_heading] Wednesday was a big support day for the major indices as the bulls showed up and quelled the bearish selling. It was encouraging to see the major indices turn positive yesterday and are now on track to close higher for the week. We want to see where the…