Halliburton (NYSE:HAL) frustrated us last week as it rallied cleanly to test the forcasted profit area…BUT failed to dip down into the green zone to provide a qualified entry. Now, it has turned lower and is offering the possibility of a “second chance entry”.

(EUR/USD) is working through a wave of short term bullish energy. This is in conflict with the deep time-frame bearish energy that continues to build. We are waiting until we can get a reading with price within the ivory zone as indicated on the chart. Intra-day traders might want to stalk the long side as…

Helmerich & Payne, Inc. (HP) missed us as price never dipped down into the green zone to trigger entry. We see a second chance entry possible in this stock, but will have to let a week pass and get some more timely readings before turning the likely reversal zone shown here in ivory into an…

The S&P 500 index proxy (SPY) is still showing bullish energy that keeps our forecast stable…We are looking for a move back up into the ivory area, then a lower high and a breakdown to new lows.

The Gold ETF Proxy GLD has followed through to the upside as forecast. We are forecasting a breakout above the 8/24/15 highs. There is an area of resistance highlighted with an ivory box on the chart which could cause a moderate reversal, so we will wait until that area is tested to provide a better…