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.