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.

Goldman Sachs (NYSE:GS) has been strongly bullish for the better part of a year. After showing signs of a blow off top near the $220 per share area, this market has confirmed a reversal by forming a lower high. Bearish power is growing and we forecast that this stock will test down to the $200…

The Eurodollar vs. The U.S. Dollar (EUR/USD) has followed through on our last forecast perfectly…Now we would expect to see this market reverse and head lower to create an inverse head and shoulders reversal pattern.

JP Morgan Chase (JPM) has exhausted itself to the upside, and is poised to set up a shorting opportunity. Conservative traders should be watching for the formation of a lower high or “shoulder” that forms the late this week or next.

The S&P 500 index proxy (SPY) has a high probability to break down and accelerate to the downside in the long term, but in the next few days we have a low probability forecasting environment, so will stay away from this market.

WallMart (NYSE:WMT) has been selling off for quite some time. It has been showing signs of exhaustion recently, and has been on my watchlist. WMT has finally confirmed its bottom by forming a hybrid double bottom/head and shoulders reversal pattern on its daily chart. Our forecast is for this stock to rally up to test…

JP Morgan Chase (JPM) has exhausted itself to the upside, and is poised to set up a shorting opportunity. The price challenged the highs of the red zone from the previous forecast, then turned lower to form what is likely to be the head of a new head and shoulders reversal pattern. Aggressive traders could…