Weekend Market Update: April 19th, 2015 – Bulls Fumble – Bears Recover

Bulls fumbled the ball on the 1 yard line and the bears recovered and ran with it. What is important here is a number of equity markets have reversed impulsively lower from key bearish setups. To be clear, no key support has yet been broken but warning signs abound for the bulls. The ending diagonal […]

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Weekend Market Update: April 13th, 2015 – Top of the Range Again

Last week, US equity bulls held support and are now reaching the top of the recent trading range while European and Asian equity indices broke strongly to the upside. The grind higher in global risk assets continues. ES broke above 2082 near term resistance and extended to the top end of the range. This week will […]

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Market Update: April 8th, 2015 – Range Bound & Down?

Equity markets remained range bound for the first quarter of 2015. March was an inside month while last week was an inside week... the equity markets are compressing for a fast move. I have been tweeting my updated ES counts and have been expecting a minimum push higher back towards towards 2082 area where y = […]

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