June 3 Reversal Retracement Stock Scan and Midday Update
Wow – price actually can trade lower! For a while that is. Let’s take a look at today’s intraday levels in the S&P 500 (structure), note the message from Sector Breadth, and then finish with...
View ArticleJune 12 Sell Swing Continues Midday Stock Scan and Update
Although it should be happening, it’s still surprising to see the market actually decline after the non-stop rally of the last week. We’re seeing a little ‘normalcy’ return to the market with...
View ArticleDec 22 Range Midday Update and Strong Trending Stock Scan
We begin our holiday week awaiting the possible “Santa Claus” bullish rally to keep the stock market trading higher. Let’s update our chart, note the message from Breadth, and focus on strong (and...
View ArticleToday’s Midday Update is Very Different from Yesterday’s Aug 25
While yesterday was another powerful sell (liquidation) session in the market, today sparks a sudden relief rally up away from the 1,900 target. Is price headed back to test the lows? And what levels...
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