A question was put forward by a client: Why are you not just buying the SOX index with a tight stop? Answer: I am not chasing… I prefer chart pattern confirmation. I already have long equities via the short bonds! … Continue reading
Here is the instrument of focus for the next 2 days. If we take off, this will be a leader. A close tomorrow over the horizontal line puts in an outside reversal week to the upside. This is stock index … Continue reading
This is the wrong time of day to press direction… The Russell @ 774,Spu 1268, Aussie @ 98.20-50 cash, and the Sox breakdown # of 424 are now the pivots for the entire market. The Bulls will, in all likelihood, … Continue reading