by Lara | Jan 16, 2016 | S&P 500, S&P 500 + DJIA |
Last analysis reminded members that the trend is still down. A new low below the August lows was expected. Summary: The trend is still down. When markets open on Tuesday a new low below 1,857.83 would be very bearish. If that happens, expect surprises to the downside....
by Lara | Jan 14, 2016 | S&P 500, S&P 500 + DJIA |
On the preferred hourly chart, upwards movement has breached the base channel but remains below the invalidation point. Summary: The trend is still down. Upwards movements are corrections against the trend. While price remains below 1,949.95 the preferred idea will...