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Monthly Archives: January 2019
Wednesday update
SHORT TERM: higher open new rally highs, DOW +142 For the first three days of the week the Asian markets gained 0.7%, and the European markets gained 0.1%. The SPX has rallied from Friday’s close at 2596 to 2626 today, … Continue reading
Weekend Update
REVIEW The week started at SPX 2532. After a small pullback to the SPX 2525 pivot early Monday it rallied to SPX 2580 early Tuesday. Then after a Tuesday pullback to SPX 2548 it rallied to SPX 2598 by Thursday. … Continue reading
Wednesday update
SHORT TERM: rally continues, DOW +92 For the first three days of the week the Asian markets have gained 2.9%, and the European markets have gained 1.2%. The SPX started the week at 2532 and hit 2595 today for a … Continue reading
Weekend update
REVIEW This volatile week started at SPX 2486. After a gap up opening Monday and rally to SPX 2509, the market went into chop mode ahead of the NY Day holiday. A gap down open started the action on Wednesday. … Continue reading
Wednesday update
SHORT TERM: gap down opening then rebound, DOW +19 For the first three days of this holiday shortened week the Asian markets lost 0.9%, and the European markets gained 0.5%. The US market after doing two zigzags up from the … Continue reading
