Market Update

January 31, 2014 2:57 pm / Published in EUR/USD, Market Update, SPX, SPY, VXX
The SP500 opened with a major gap down and below the psicologial level. We had a GAP FILLED during the entire day and now we are at yesterday open. There is a lot of fear in the market ad it seem that profesional don’t want to get large trades at this leves. We are still

Market Update

January 31, 2014 9:09 am / Published in GOLD, Market Update, SPX, SPY
The market is going to open lower, below the psychological level of 1770. My algorithms detected smart money buying gold and silver because they are worry of the European economic stability. All new short position in metals are cancel. Buying of gold by Smart Money indicates that Smart Money is fearful of instability potentially caused

SP500 and GOLD

January 30, 2014 12:55 pm / Published in * Trade Alert, GOLD, Market Update, SPX, SPY
The Buy and Sell Volume in the chart was positive for today and we are benefiting for the up lift in the market. I see the trend to continue for today because there good volume entering the NYSE and NASDAQ. The stock are over sold in a very short term however there overbought in the

SPX Correcting into Target Zone

January 29, 2014 11:16 pm / Published in SPX, SPY
The SPX has reached our first target at 1772 and with being oversold intraday I can see a short-term bounce. However, I haven’t seen any spikes in our fear indicators and after the fresh sell signals in our trend work in the SPX and other key sectors (SOX, Russell-2000 or Nasdaq Composite) these indicators are

Market Intelligence

January 24, 2014 11:41 am / Published in EUR/USD, GOLD, SPX
Everyone was looking for a correction and here we have it. We retraced about 2.5% from the highs. The SP500 is oversold in a very short term time frame. The open Monday is going to be key. I have marked a line in the 1750 for a 5% drop. I will hedge the portfolio as

Market Update

January 23, 2014 4:14 pm / Published in * Trade Alert, GOLD, Market Update, SPX
The market traded to the middle of the range marked during January. Today we had a Gap down (charts below) and a continuation of the selloff for the rest of the day. Market Internal were negative the entire day. During the last two hours we had positive price action that most probably will be continued