The Eurodollar vs. The U.S. Dollar (EUR/USD) has finally reached down to test the 1.10 level, where it was quickly rejected. There is still some bearish energy left to be dissipated, so I would be on the lookout for a double bottom or a false breakdown as entry triggers.

The S&P 500 index proxy (SPY) having very nearly met our profit target in just one week seems a bit overheated and we believe it to be prudent to take some partial profits and trail stops to the $211 area to ensure that no loss is taken if the market experiences Fed intervention and a…

Pfizer (PFE) turned over within the red zone as forecast, but there is some bullish power in the short term tha we believe will push prices back up for another test of bearish resolve…

Apple Inc (AAPL) is behaving exactly as forecast…it released the bullish energy we forecast last week by spiking up into the red zone, and now we expect to see a selling wave that will take us down into the blue zone.

The Eurodollar vs. The U.S. Dollar (EUR/USD) having drifted higher, was rejected this week. Perhaps now we will get a real wave of selling that will allow for a more accurate forecast. I would expect to get a clear read on this market after it reaches down to test the 1.08 level.

The S&P 500 index proxy (SPY) has moved up to dissipate the bullish energy that was attracted by the double bottom and bullish flag formation we discussed in last week’s forecast, and now we expect to see the bears take change and drive this market lower in the week to come.

Pfizer (PFE) turned over within the red zone as forecast, but there is some bullish power in the short term tha we believe will push prices back up for another test of bearish resolve…

Apple Inc (AAPL) is behaving exactly as forecast…it is basing as bearish energy is being built up, and we forecast that there will be one more bullish “push” which will fail and this will likely be the catalyst to trigger more serious selling for the stock.

The Eurodollar vs. The U.S. Dollar (EUR/USD) is likely to reach down into areas of support, but at this time the odds for where it is likely to reverse is muddy. For this reason, we are establishing our coverage of this market with only a two diamond rating…

The S&P 500 index proxy (SPY) is showing a broad topping pattern, and we are forecasting that this will produce a lower high and at least a retest of the range lows near $204 per share. Once that level is tested, we will have new measurements with which to forecast whether a breakdown or the…