When the Fed pivoted its easy money policy on January 4th earlier this year, the extremely oversold market responded with vengeance! The market participants have since pushed the market over the limit by triggering the fear of mission out motions. The selloff occurred during the first week of March was promptly
Over the last weekend, it had real good news on trade war. The market gaped higher right into the 2815 resistance zone at open on Monday, but it was promptly sold off from open. It had a footprint of synchronized selling (machine selling) during last Monday (03/04/2019) morning session, that S&P 500 lost 40 points […]
The S&P 500 index has finished the 2nd daily cycle on 02/27/2019. Now it is marching into the 3rd day in the 3rd daily cycle, which means it is entering the beta cycle phase in the weekly cycle. The market looked straight up in the untrained eyes because of the low volatility, but the cycles […]
The emerging markets have shown signs of a new life with the recent development of trade war. The White House is equally eager to resolve the trade war headline risk for the stock market. You need to login to view the rest of the content. Please Login. Not a Member? Join Us
The market has rallied impressively for the last 9 weeks and it has caused major heart aches for the bears and the scared retail investors who have been told to stay on the sidelines. From the market breath perspective, you have to admit that the likelihood of re-visiting the December low is getting slimmer as […]
The S&P 500 cash index closed above the highly watched 200-day moving average for the last four trading days. The equities market is acting everything is fine, the FED is backing off from tight money policy, the trade war is going to be resolved and the growth engine will be back on again.
