Category: Trading Articles

Are the markets crying wolf again?

After fifteen months of pretty much uninterrupted "up", it is pretty hard to imagine a real correction - you know, one of those setbacks that wipes 10% or more off the indexes. As a reference point, 10% off the S&P 500 would have it trading back to less than 1700. That might actually take your breath away.

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  • Written by LA Little

Category: Trading Articles

$Gold- looking for a bounce here-update 3/24

I'm looking for at least a bounce in the 1325.7 to 1321.5 area- see the following 104hr 30min chart.

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  • Written by Gary Caumont

Category: Trading Articles

Five more years?

With the current bull market having reached that infamous 666 some five years ago this month, and having had a qualified bullish trend for just a little over three of those five years, who's to say we won't get another five years higher in this bull market? It's not like it hasn't happened before.

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  • Written by LA Little

Category: Trading Articles

Volatility reigns but underlying strength remains

If Jerry Lee Lewis was to pass judgment on this market it would likely bear the title of his first big hit, "Whole Lotta Shaking Going On". Although the shaking to date has been a lot less violent than Lewis would have performed it, it nevertheless has giving traders a lot of ups and downs over the past couple of weeks as was more or less expected.

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  • Written by LA Little

Category: Trading Articles

$Compq- 4359.8 wave 5 target hit

We hit and confirmed on 3/5 a 4359.8 wave 5 target- see the following 5wk 30min chart

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  • Written by Gary Caumont