On Friday, I wrote that the S&P 500 is looking like the top is in, and that things could get rough for the bulls. I thought it would be good to look at some of the sector Spyder’s to see if any of them look more top heavy than others:
Energy: XLE
MarketClub Smart Scan Chart Analysis [...]
Yesterday I received an update from Adam at Marketclub. It read something like this:
Gold, Is this the move we have been waiting for?
I believe the action in gold yesterday (Wednesday) should be looked at seriously as it pushes the gold market to its best level in almost 3 months.
In my new video, I show you [...]
I like being direct. Today’s 5% move which should be a sign of market strength is nothing but a typical bear market counter trend rally; at least it is for now.
S&P 500 (SPX) Forecast
The S&P hasn’t put in back to back gains since February 8th, and hasn’t seen back to back up weeks since [...]
