SPX & Oil at Critical Juncture
The SPX at the 2050 level looks like a great place for a ‘pullback’ to begin as indicated in the chart below. There is a potential “distribution topping phase” in which the SPX may pull back to 2000. I see a potential target at 1890.
The…
QQQ and SPY Price Spikes and Targets
Today's Price Spike and Target was Reached but there is still more upside potential!
Price Spikes are a very short-term trade setup that typically reach their targets withing 48 hours and in most cases within 24 hours. I have covered these…
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Warning: Stock Rally Not Sustainable
We have been experiencing an exceptionally strong ‘counter trend” rally in the stock market. This recent bullish upward move is not what everyone is thinking, in fact its the beginning of a new...
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The ‘Crisis’ Has Just Begun; Is The American Dream Is Over?
Global Central Banks have run out of ‘ammunition’. Since March 2008, Central Banks have cut interest rates 637 times and have purchased a staggering $12.3 trillion dollars’ worth of assets. There is not much more that they can do, and…
Crude Oil Price Action & Prediction
Recently, Light Crude has seen a dramatic 35%+ increase in value. As the current price continue to flirt with $40 per barrel, the likelihood of a further price rise is on everyone's mind. With recent lows near $26 per barrel, what is the…