Bulls Not to Celebrate, Yet! While yesterday’s daily close of 3112.76 was above our models’ reference level of 3110, the price action was not strong enough and the models have rejected it as any indication of the bulls’ strength. This leaves our models in an indeterminate mode where neither the bulls nor the bears have (more…)

Shorts Not to Jump the Gun! The potential manipulation and/or market timing of the rhetoric on China trade war by people with “connections” aside, the market reaction yesterday did NOT confirm the bearish levels our models were looking for. While the session low of 3069.5 came within 1.5 points away from our 3068 level, it (more…)

“I Prefer to Wait…But They Want to Make a Deal Now” Investors seem to be getting sick and tired of the blatant lies right to the face of the whole nation that our leader is trying to perpetrate on us and the early morning futures action shows it! It is alright if we can not (more…)

December to Repeat the Record-setting November Markets? This run-away bull market may not stop or even slowdown as long as everyone and their grandma is predicting it. Individual investors’ sentiment is less bullish and more bearish than historic average, and it should be a cause for concern for bears, as the markets typically tend to (more…)

Today’s Shortened Holiday Trading the Last Hurrah at Successive Record Highs? This run-away bull market may not stop or even slowdown as long as everyone and their grandma is predicting it. Individual investors’ sentiment is less bullish and more bearish than historic average, and it should be a cause for concern for bears, as the (more…)