February 17, 2019

Indices

DAX 11400-11420 short-term target for a top, back test of broken Trend line and also challenge of long-term downward sloping trend line since June 2018 highs. […]
January 29, 2019

Indices challenge important TL and cloud resistance levels

SPX Holding above 2630-2620 is a sign of strength. However inability to break cleanly above 2680-2690 is a sign of weakness. This is portrayed better in […]
January 23, 2019

Risk off is back?

All three major US indices fell yesterday more than 1% and this puts us into thinking of whether this sharp rise from December lows was just […]
January 16, 2019

SPX short-term levels to watch out for

Good day to all!!! SPX has reached very close to our 2620 target area as I mentioned on twitter and in a comment of a past […]
January 6, 2019

Risk on or off?

We do not often see declines in equity markets like the one we are witnessing for the last few months in the US and for almost […]
December 27, 2018

Where is the Santa Rally?

Happy holidays everyone and Merry Christmas!!! This Christmas has been disastrous stock market wise. Worst December since 1929 for wall street? I hoped that we could […]
November 18, 2018

Bullish SPX as long as we hold above 2600

I’ve been waiting for a pull back towards 2700-2690 as I said on twitter….   #SPX a bounce and a new low towards the 61.8% Fibo […]
October 10, 2018

Blood on the streets

What a blood bath!! All three major indices got hammered. SPX has broken through my critical support level of 2865. I did not expect for this […]
October 3, 2018

SPX targets 3000 points as long as it holds above 2900

Greetings everyone, we remain bullish SPX as price continues to make higher highs and higher lows. Price behavior so far is supportive of the bullish trend […]
September 26, 2018

Bullish trend in SPX is intact

Good day everyone!!! As spx pulls back from 2940 towards 2920-2910 I continue to see this as a pull back before the resumption of the up […]
September 24, 2018

SPX remains in bullish mode

Greetings everyone!!! SPX futures are trading slightly in negative territory around 2925 after reaching last week the 2950 target (futures high at 2947) we posted in […]
September 12, 2018

SPX bullish as long as 2865 holds

Greetings everyone, amid trade negotiations and currency wars, spx has managed to hold its up trend towards 2900 and higher. The recent pull back has brought […]
August 17, 2018

Short technical comments on DAX and SPX

DAX Prices are trapped inside a downward sloping wedge pattern. Usually this pattern resolves in a bullish break out and prices usually move back to the […]