The bottom might be in.
Month: June 2019
Year of the Oreo
Major Indexes are bullish but elevated. Taking some profits and waiting for the Fed.
Invalidated Head and Shoulders
Retaking the 2800 neckline area invalidates the H&S pattern and makes turns the outlook quite bullish.
XLI: Recovery
XLI reversed at the expected Fib level. Expecting the advance to halt below 76.
E-Mini Equity Index Debacle
Further instability likely. ES 2650 area definitely in play. RTY close to 39 month moving average. Elevated fear in market.