I think the market will turn slightly to the upside here, to end off the lows.
Two days action cannot tell anything. If the market was going far then today would have been a strong one; it is not. So the upside is losing...
That's correct for long term bottoms. This one is in the works, but will not be a long term one, 10-12 weeks. I believe there is a shakeout going...
Today's action is pretty strong, it is very likely the beginning of a good bounce; the next two days will tell more how far the market will go up....
I think the selling looks like it has run its course; everybody is bearish; it is time for a relief rally to 2575-2630. Expect markets to tumble...
Trying to spot the exact low is a losing game obviously. We did close below key levels in both SP and Dow and if we close below those levels for...
The weak close today is certainly due to politics. Tomorrow, despite all the bad news from Washington, the market will stage a rally, the news...
ALL markets are manipulated at some extent, more in the short term, indices are not an exception.
I think we have a short term bottom here at 2441. It will take us to 2630 where it will be a good shorting opportunity; maybe a little higher, but...
You may be right. I don't look at anything else than indices, SP and Dow essentially and my analysis is based purely on price and volume; they...
You are too pessimistic guys!
When we get there, we will look for signs of market bottom. For now the top is in place, unless a miracle happens before the end of the year.
Wow! The market is acting very weak, weaker than I thought, I was expecting a stronger close than this. Paradoxically this is setting up for a...
My bad, short term for me is anything from a week to few months.
Everything is possible. IMO, the 2016 pullback which becomes support at 1810 will be a big hurdle to break. If we get any closer to 1800, I will...
No major action to be expected today (inside day). I think we may see a short term bottom tomorrow. I anticipate the market to fall to new lows...
We are probably close to a short term bottom, but today's action has nothing of a bottom IMHO.
Obviously :) You should read 2800, 2533 and 2670 instead of 1800, 1533 and 1670. Can't believe it !!...
I think the end of the week will tell a lot about the long term direction of the markets. So far my reading, suggests that the correction is not...
Watch for ES to go down hard the first or second trading day of January. Most of the time it does when the year was a good year.
Separate names with a comma.