Wednesday, March 23, 2016

S&P500: Finally a Sign with an Outside- Down Day scored?

S&P500: Daily Chart @ Close 03/22/2016
The Counter- Rally since the 1810 Lows scores an Outside- Down Day; one that heralds the first Test of the veracity of this Rally.
If so; then Support @ 1962 the 1st 'Port of Call' as Q1 2016 ends amid the confusion & gathering uncertain global outlook in more than just economies?

Tuesday, March 8, 2016

NDX100 into the Selling Zone........Or not?

NDX100 Daily Chart @ Close 03/07/2016
4th Day of Indecision as the Rally (Counter OR otherwise) falters in the Zone between the 50 & 200 Day SMAs; the 61.8% retrace @ 4414 awaits with THAT Gap just below 4600 'beckoning' for the unwary Bears/ Shorts who may well yet feel similar pain to the Longs who suffered amid the January 'event'.