A Big – Golden – Bullish Signal Lurks
Pivot, pop and drop, that describes the last three days of trading for the NASDAQ. The new week started out on the plus side and then lost strength right as the index made contact with the upper end of its...
Tag: XES
We Are Moving On Up – One Step At A Time
We are getting the action we want from the NASDAQ, stepping up stairs with a series of higher lows followed by higher highs; wash – rinse -repeat. Jagged moves up, as you’ll see on the chart below, confirms the recent...
10K – We Don’t Want To Go There
Maybe it wasn’t all coal in Wall Street’s stocking. The NASDAQ is definitely in a short-term downtrend. However, bears had a chance to break support at 10,250 but buyers came to the rescue as the index approached the last stop...
A Ba-Humbug Market
Before we get started, happy holidays to you. May the days ahead be filled with family, friends, fun, and great food. We were waiting for the NASDAQ to pick a side, unfortunately it chose Bah-Humbug over Ho-Ho-Ho. There is a...
