Bears Testing the Key Support Level at 2685 – Watch out for Volatility Spurt/Squeeze in The Dog Fight likely to Ensue Our models have started this new trading week by booking another 17 points of profits on top of the last week’s aggregate profits of 137.75 points on the S&P 500 Index! Yes, not bad for (more…)
Be Cautious When Trading this Market – It’s a Chopping Board! Over the last week’s five trading days, our models have booked an aggregate profits of 137.75 points on the S&P 500 Index! Not bad for forecasts that publish clear entry and exit points before the market opens! Thank you for all the readers who (more…)
Whipsaw, Choppy, Sideways…this Market Is Anything But Directional! Do not Get Trapped on Either Side! While most of the financial media was predicting the usual “post mid-term” rally in the markets due to the potential Washington gridlock due to the split congress, we issued a “Not So Fast” caution last week and reiterated that “indeterminate” (more…)
No Bullish Strength – Be Cautious About False Spikes Up While most of the financial media was predicting the usual “post mid-term” rally in the markets due to the potential Washington gridlock due to the split congress, we issued a “Not So Fast” caution last week and reiterated that “indeterminate” bias immediately after the midterms. (more…)
The Whipsaw Moves to Continue While most of the financial media was predicting the usual “post mid-term” rally in the markets due to the potential Washington gridlock due to the split congress, we issued a “Not So Fast” caution last week and reiterated that “indeterminate” bias for yesterday. True to our models’ cautions, the much (more…)
Wounded Bull, Dancing Bear – No Dominance For Anyone, Yet! How would you like a forecast that gave you clear entry and exit points BEFORE the markets opened yesterday, and booked you profits of 56.50 points in spite of the market rout that ensued? Hard to find such forecasts/newsletters! Well, our readers just witnessed such (more…)
NO BULL, NO BEAR – Markets Waiting for A Directional Bias to Emerge post-Midterm! While most of the financial media was predicting the usual “post mid-term” rally in the markets due to the potential Washington gridlock due to the split congress, we issued a “Not So Fast” caution last week and continue to reiterate that (more…)
Wild Whipsaw Moves to Continue…Dont’ Engage in Kneejerk Trading! Last week’s wild moves in the market point to the onset of potential regime change in the markets from the long bullish regime to a bearish one! Our models advise caution against getting into the markets on false spikes up. One needs to confirm the moves against (more…)
Deep Correction – to Continue or Reverse? The S&P 500 Index breached the key support level of the 200-DMA (currently around 2768) and has broken below on Monday and closed below it for a second day on Tuesday, 10/23. With the sharp drop to below 2700 and then a fast recovery on Tuesday, followed by Wednesday’s (more…)
Continued Whipsaw Action Forecast – Day 3! The busiest earnings week of the season has started off yesterday, Monday 10/22, with no positive momentum. The growing geopolitical tension around the Saudi journalist Khashoggi’s killing and the trickling impact on the key Saudi investor conference seems to be denting the investor sentiment. The S&P 500 (more…)
