Last week, equity markets rebounded while holding 50 day sma trend support despite rising Iran tensions. The strength of the rally and lack of downside follow through warns of a bullish triangle consolidation and 5th wave extension higher. While there are enough waves in place to complete this rally, bears need to see downside follow […]

Last week, equity markets traded sideways while holding 50 day sma trend support. While the bearish setup remains intact, the strength of the rally and lack of downside follow through warns of a potential bullish extension higher. While there are enough waves in place to complete this rally, bears need to see downside follow through […]

Last week, equity markets traded sideways to down while testing 50 day sma trend support. While the bearish setup remains intact, the strength of the rally and lack of downside follow through warns of a potential bullish extension higher. While there are enough waves in place to complete this rally, bears need to see downside […]

Last week, equity markets traded sideways while holding key 50 day sma trend support. While the bearish setup remains intact, the strength of the rally and lack of downside follow through warns of a potential bullish extension higher. While there are enough waves in place to complete this rally, bears need to see downside follow […]

Last week, equity markets extended lower into 50 day sma support before rebounding strongly. While the bearish setup remains intact while below ATH's, the strength of the rally warns of another failed reversal attempt and bullish extension higher. While there are enough waves in place to complete this rally, bears need to see downside follow […]