S&P 500 ETF

PING-PONG

No answer just yet but for those that are just tuning in, the major indices are still resolving the technical breakdown that occurred in early February. We should have an answer soon but, for now, we are stuck playing ping-pong between the 50 and 200 day moving averages as you can see in the chart […]

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Evening Doji Star

Breakout Failure

A good week for stocks until Friday afternoon where the DOW rolled over and pulled the other indices lower. In fact, the indices were in the midst of breaking out to the upside this week but failed in their effort and were pulled down to the 200 day line, again. What I would also like […]

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