Market Structure: Improving

November 8, 2018 9:33 am / Published in Market Update
As you can see from the picture below. The SPX structure improved yesterday.  Historically, once uncertainty is reduced the market usually  move to the next resistance area.  My opinion is that we are right at resistance.  If Bears were correct on the last liquidation. We are right on the spot where selling can resume.  PE

Strong Friday Close for Equities $ SPX

February 20, 2015 3:04 pm / Published in Market Update
Euro zone finance ministers agree text that could extend bailout Greek PM tells Reuters “certain” loan request will be accepted Merkel sought significant improvements in Greek undertakings Der Spiegel says ECB making contingency plans for Grexit