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|The market wants to go higher and we know that from the overnight move up to the 100-day MA. We also know that from the strong bid after a "bad" number. The first candle was long and red and it...
|I post my market comments each day. I told you to wait yesterday as well, but I'm sure some of you bought anyway. There were a few stocks that weathered the market drop during the first half of the day,...
|We are stacking reds
|SPY volume is fairly light. We are seeing big candles. That tells me that we are likely to see a very choppy drift lower. There are buyers and sellers. I would still let this 1OP bear cycle run. Keep looking...