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| S&P500 Daily Chart @ Close 07/06/2016 |
Thursday, July 7, 2016
BREXIT: Much to do about 'nothing' as BoE's Carney's comments create 'carnage'?
Thursday, June 23, 2016
If it's all about OIL; then another Reversal a Sign pre- BREXIT for Risk Assets?
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| WTI Daily Chart @ Close 06/22/2016 |
Yesterday's Reversal may well do the same ahead of the BREXIT Decision later today.
If so; then the 38.2% retrace from $35.24 looms @ $45.40 with the coincident 61.8% of such & larger retrace (0.382 from the $26.05 Low) @ $41.51/ 88 respectively.
Either one of the 3 retrace Levels keeps the Bull Market in Crude 'flowing' for the moment.
Let's see how this plays out.
Wednesday, June 1, 2016
NDX100 Gap @ 4523 Closed amid a 'flurry' of Daily REVERSALS elsewhere.........
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| NDX100 Daily Chart @ Close 05/31/2016 |
Monday, May 30, 2016
NDX100 in pursuit of the 4593 Gap?
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| NDX Daily Chart @ Close 05/27/2016 |
Beyond that lies the 4593 GAP left Open once 'batting' began January 4 & the ensuing near collapse amid China/ Commodity/ FANG woes.
Thursday, May 5, 2016
NDX100: US Equity Market Rally 'pause' in effect; how much more to go?
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| NDX100 Daily Chart @ Close 05/04/2016 |
Basis the NDX100; 38% of gains from the February Lows now surrendered.
What appeared to be an inevitable Buy Cross on the much followed 50/200day SMAs could well turn 'sour' on matters & 'compress' with this Index failing to muster a Weekly Close back above (4410).
Let's see.
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