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…
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) has stalled out after a huge rally. The stock has held steady, but now we see a correction beginning to form. We would expect to see this stock base sideways or show some mild bullish action, reaching back up into the red zone before beginning an acceleration to the downside.
