SANATA AND HIS REINBULLS ARE COMING TO TOWN!! (doesn't feel catchy, but it fits.. I guess?)
Next weeks(possibly even months) outlook is looking pretty dang clear.. The bulls are in full force!!
-Shorts squeezed out
-Good Ol' Cup n Handle formation
-Break through the 50D,20D, moving averages, bounced back with 100% recover.
-Heavy long volume accumulated in the...
Description:
An analysis for the week ahead.
Points of Interest:
$3,406.75 Excess Low; $3,470 Balance-Area High.
Technical:
Broad-market equity indices ended the week lower with S&P 500 retracing nearly 40% of the rally that began after the September sell-off.
During Last Week’s Action: Alongside waning fiscal stimulus hopes, U.S. index products failed...
Description:
An analysis for the week ahead.
Points of Interest:
Prior ATH, Poor Structures, $3,500 and $3,370 High-Volume Areas.
Technical:
Broad-market equity indices ended the week higher with S&P 500 retracing more than 80% of its September sell-off.
During Last Week’s Action: Alongside fiscal stimulus hopes, U.S. index products surged past and...
Description:
An analysis for the week ahead.
Points of Interest:
$3,200 High Volume Area; Friday’s Divergence From Value; Balance Area.
Technical:
Broad-market equity indices ended lower with the S&P 500 correcting as low as $3,200.
Recapping last week’s action, Monday's test of the $3,200 high-volume area offered responsive buyers an opportunity to...
