Friday March 8

We have reached the last trading day of the week again.  Let's see how things have been playing out...

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March 7th – Market Thoughts

I want to discuss a few things as we go through our Market Review today, so let's dig in...

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These first 2 charts are from yesterdays report:

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SPX – The SPX has broken down from the channel, the gap open seems to have back-tested it Monday, and  I still think that we are coming due for a dip, plus…

 

TRAN – The Transports have been leading the way and may  eventually drop to the 50sma.

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Wednesday – A Nice Set Up

After a quick review of the Markets, I want to discuss some really nice looking 'set ups' that have been playing out for the short term Traders and medium to longer term investors alike.

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