The S&P 500 index proxy (SPY) Is building bearish power for a sustain breakdown. Because we are in the center of a range, without clear power readings in the smaller time frames, it is imprudent from an odds making perspective to take a short position at this time. However, if price reaches back up into…

JP Morgan Chase (JPM) has followed through on our forecast brilliantly as a lower high has formed on the daily chart. This should cause great consternation among the bulls, and helped turn the trend officially back to the bear side. (As a lower high which is just formed is confirmed by a lower level as…

(EUR/USD) has headed lower to create an inverse head and shoulders reversal pattern as described in the previous forecast. The reversal which would confirm the final shoulder and trigger bullish interest should be forthcoming this week…

Goldman Sachs (NYSE:GS) gave a number of opportunities to interact with the stock on the short side within the red zone. Bearish power continues to increase, and our forecast indicates that the blue zone should be reached by the end of next week.