Market Update: August 31st, 2015 – When the Levy Breaks

by | Aug 31, 2015

What a wild week in the markets. The key trend support for US equity markets broke and futures went limit down 5% and then 7% before the PPT stepped up. Forewarned is forearmed as I tweeted the key trend support BEFORE the break. Ending diagonals quickly retrace 100% of the move and that is what […]

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Market Update: August 17th, 2015 – No Man’s Land

by | Aug 17, 2015

The corrective decline in US equity markets held key support outlined last week as we continue the broad 2015 range trading environment. There are no clear trading signals as we bounced off key support back into the middle of the trading range. While the structure would look best with a push to marginal new highs […]

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Market Update: August 8th, 2015 – Commodities / US$ key turning point

by | Aug 10, 2015

Since my last update, global equity markets failed to make new highs while wide spread commodity weakness and US$ strength continued. The decline in the SPX and DJIA from ATH's remains corrective as 2015 continues to show broad based consolidation within range based trading. There is NO evidence of a bearish reversal at this point and key […]

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