Monthly Archives: June 2018

Weekend update

REVIEW This roller coaster week started at SPX 2755. After a gap down opening on Monday the SPX hit 2699 before rebounding in the afternoon. A gap up opening on Tuesday carried the SPX to 2746 by Wednesday morning. After … Continue reading

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Wednesday update

SHORT TERM: higher open sold, DOW -166 Negative week so far. Gap down opening on Monday eventually took the market to SPX 2699. A last hour rebound, gap up Tuesday, then higher open on Wednesday, took the SPX to 2746 … Continue reading

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Weekend update

REVIEW The week started at SPX 2779. After gap down openings on Monday/Tuesday the market traded down to SPX 2743. Then after a gap up opening on Wednesday the SPX reached 2775 before heading back down to 2744 by Thursday. Friday had … Continue reading

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Wednesday update

SHORT TERM: gap up opening, DOW -42 The first two days of the week markets worldwide have seen selling, especially in Asia and Europe. The US had two gap down openings, but recovered more than half of the early morning … Continue reading

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Weekend update

REVIEW. The week started at SPX 2779. The market opened slightly higher Monday. Rallied to SPX 2790. Then bounced off of SPX 2789/91 for the next three days. On Friday’s option expiration, the market gapped down, hit SPX 2762, then rebounded to … Continue reading

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Wednesday update

While the US appears to remain on cruise control we have been uncluttering the weekly charts on the chart link. Some go back to 2009 with lots and lots of historical, but currently unnecessary waves. For example the AAPL weekly … Continue reading

Posted in Updates | Tagged , , , | 439 Comments

Weekend update

REVIEW The week started at SPX 2735. The market gapped up on Monday to start the week. Then it made a higher high, than the day before, every day until Thursday when it hit SPX 2780. After that it pulled back by … Continue reading

Posted in special report, weekend update | Tagged , , , | 372 Comments