Goldman Sachs (NYSE:GS) took on the blue zone, and has bounced with price action very similar to that of JPM. HOWEVER, GS doesn’t show that the bears have much energy left to take price lower, so we are forecasting that any breakdown will be short lived and that the odds are high that a double…
Host Hotels & Resorts (NYSE:HST) set up by testing the green zone, then rallied quickly up to provide a profit within one week!
Host Hotels & Resorts (NYSE:HST) has formed a buy signal that many will see as a buy signal…However, this signal is predicted to FAIL as our proprietary 3D Apex Predictive Failure Technology™ shows a lot of unfulfilled bearish energy. Our forecast is that this stock will turn lower and exhaust this bearish power, then turn…
Goldman Sachs (NYSE:GS) is looking great…Bearish power continues to increase, and our forecast indicates that the blue zone should be reached in the next couple of days.
(EUR/USD) has triggered the inverse head and shoulders reversal pattern as described in the previous forecast. Now, we forecast that the bullish acceleration will continue as this market breaks free from resistance.
JP Morgan Chase (JPM) continues to build power to the downside as we sit back and wait for a breakdown below the range.
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 any multi-day position at this time.
WallMart (NYSE:WMT) just fell shy of the blue “take-profit” zone by a few cents, then triggered the counter cyclical move we talked about in last week’s forecast.
The Gold ETF (GLD) Is a unique but important market instrument. While we do not recommend trading gold for cash flow or wealth generation, it can act as an important hedge for inflation or systemic risk. We feel that gold is moving down towards an important inflection point which has a high probability to produce…
WallMart (NYSE:WMT) has 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 the highs of its recent range near $74.50 per share. Once that initial target has been tested, we will take new power measurements and…
