Weekend Market Update: June 30th, 2015 – The Dam Breaks

My last update highlighted the potential downside risks to global equity markets with enough waves in place to complete the long anticipated Ending Diagonal. Equity longs were warned well in advance of the impending decline. The SPX finally rolled over and broke the red near term trend line (highlighted in my last update) which accelerated […]

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Market Update: June 9th, 2015 – Where are we now?

You can't say the bulls weren't warned. My last update on May 19th warned of a potential top in play on global equities and since that time we have seen a slow grind lower back towards the low end of the recent trading range. The clearest warning sign was the trade setup provided by the […]

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