Hasbro (NYSE:HAS) came down to just touch the blue zone in today’s session. Having correctly forecast this down leg, our edge in the market goes back to neutral and we will consider this trade “closed”.

  The S&P 500 index proxy (SPY) has topped out and the lower high that we have been forecasting is quickly being replaced with now formed. We would expect to see the bears regain control of the trend and push this market lower in the week to come.

  (EUR/USD) continues to push lower into the ivory zone to work with as we anticipate being able to upgrade the ivory zone to a green “buy box” in the next few weeks.

  L Brands (NYSE:LB) in back on our radar as our original prediction came true this week…We had called for a weak bullish rally that would stall in the red zone and turn back down to the blue zone. In our last forecast we never got a qualified entry, but now we are given a…