The S&P 500 index proxy (SPY) working its way up to the upper ivory zone. We are anticipating a short opportunity somewhere within that area, but will need to wait until the market action offers a more attractive, high odds entry

  The Eurodollar vs. the U.S. Dollar has been trading within a range for about a year now, and recently has broken out of a tight intra-range area to rally up towards range highs.

  The S&P 500 index proxy (SPY) is ping-ponging between the ivory zones. We are waiting and watching to see when price can show a coherent surge of power in either direction before taking any primary risk in this market.

  The Gold ETF (NYSE:GLD) Has rallied up and away from the green zone exactly as forecast. Now, it is reaching areas of short term exhaustion and will likely wiggle back to relieve some of the short term selling pressure.

  Exelon Corporation (NYSE:EXC) flew up away from the green zone and has now violated the highs of the blue zone. This means our original forecast has now been proven correct, but no entry within the green zone was given.

  Exelon Corporation (NYSE:EXC) is the largest operator of nuclear power plants in the United States. This energy stock like so many we have been discussing in recent weeks is one of the few symbols out there showing order. We expect its recent strength is at a short term exhaustion point, and are trying to…

  The Gold ETF (NYSE:GLD) Has rallied up and away from the green zone exactly as forecast. Now, it is reaching areas of short term exhaustion and will likely wiggle back to relieve some of the short term selling pressure. We expect this wiggle to be short lived as price seeks the areas discussed in…

  The S&P 500 index proxy (SPY) is ping-ponging between the ivory zones. We are waiting and watching to see when price can show a coherent surge of power in either direction before taking any primary risk in this market.