The S&P 500 index proxy (SPY) is coiling for a breakout above the 2,000 level. This should provide some nice intra-day trends for active traders. However, our forecast is for the market rally back into the zone shown in the video in Ivory…At that point a lower high should form, but we are waiting for…

The S&P 500 index proxy (SPY) is currently digesting its recent drop, and not a lot has changed since last week’s forecast. Our forecast is for the market rally back into the zone shown in the video in Ivory…At that point a lower high should form, but we are waiting for more clarity in the…

(EUR/USD) continues to flounder after losing much of it’s bullish power in the shorter time-frames. We still see price moving up to retest the highs, but the odds are dropping with each week that passes. Having already taken profits, we are waiting for price to re-engage the bulls, then will begin executing our exit strategy…

Chesapeake Energy Corporation (NYSE:CHK) is slowly working itself out as forecast. After offering several opportunities for entry within the green zone, price has begun to build power for a push up into the blue zone.

Today we initiate our coverage in Chesapeake Energy Corporation (NYSE:CHK) is a stock that has been beaten up, along with the rest of the energy sector. The stock is showing signs of a sustainable bottom, and our forecast is for price to make one last test wave back down before reversing. This would create an…

Gold, as expressed through its ETF GLD, (NYSE:GLD) is entering a time where our forecast calls for a lot of choppy, sideways action. We will keep monitoring this market, but our best estimate is that we are in for several weeks of chop before the bulls can consolidate power and begin a new buying campaign.

(EUR/USD) has corrected “too much”, and this break in rhythm we believe will lead to a head and shoulders type reversal. It’s time to trail protective stop loss orders once again, and be proactive to take the rest of the profit if price can rally back up to retest the blue zone. This disappointing follow…

The S&P 500 index proxy (SPY) is currently digesting its recent drop. The odds are muddy, and we are seeing only a 60% chance for a breakdown at this time. Our forecast is for the market to retest the lows, then rally back to begin forming a range on the daily chart. We will wait…