Market Update: March 22nd, 2016 – Squeeeeze!

The equity market rally continues unabated confirming our base case bullish wave count. Yellen's FOMC flipflop added more fuel to the bullish fire in an attempt to weaken the US$ and bail out China. The primary flashpoint for this decline was the concern that China and the emerging markets would wilt under the pressure of […]

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Market Update: March 14th, 2016 – No “Mission Accomplished” Yet

Our outstanding market run for 2016 continued last week as equity markets dropped into our 1960-65 ES support zone (LOD 1958) and rallied another 50pts to reclaim the 200 sma. Our emphasis on focusing on price structure and staying on the long side of the trade continues to pay off while the bears got crushed. […]

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Market Update: March 7th, 2016 – Hold the fish loosely

Hold the fish loosely, Jed, or it's gonna flop right out of your hands Abby Bartlet - WestWing That's how I feel about these markets right now. Mars be nimble, Mars be quick... "Play the wedge" - Pattern recognition and acute awareness of correlated markets helps us stay on the right side of the trade. We […]

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