The Eurodollar vs. The U.S. Dollar (EUR/USD) has paid us for our patience. A double bottom has formed at the 1.100 level, and this raises up the odds for success to acceptable levels and allows us to finally upgrade this forecast to three diamonds.

The S&P 500 index proxy (SPY) has fully realized our forecast for price as it whipsawed this week down to test the blue zone. At this point it is only a 60/40 proposition for any more downside, so we believe it is time to take profits and sit on the sidelines until the odds shift…

Apple Inc (AAPL) continues to perform as forecast, and now the odds are high that wel will see the wave of selling that we have been waiting so patiently for…Next target is the $120 per share level, and once we get there we will update you with new power measurements so we can fine tune…

Pfizer (PFE) is showing some troubling signs of liquidity as it waffles and whipsaws near its recent lows. This action puts me into a defensive posture, and now seems like a great time to take partial profits and defend this position with a trailed stop in the $34.60-$34.75 area.

The Eurodollar vs. The U.S. Dollar (EUR/USD) has finally reached down to test the 1.10 level, where it was quickly rejected. There is still some bearish energy left to be dissipated, so I would be on the lookout for a double bottom or a false breakdown as entry triggers.

The S&P 500 index proxy (SPY) having very nearly met our profit target in just one week seems a bit overheated and we believe it to be prudent to take some partial profits and trail stops to the $211 area to ensure that no loss is taken if the market experiences Fed intervention and a…

Pfizer (PFE) turned over within the red zone as forecast, but there is some bullish power in the short term tha we believe will push prices back up for another test of bearish resolve…

Apple Inc (AAPL) is behaving exactly as forecast…it released the bullish energy we forecast last week by spiking up into the red zone, and now we expect to see a selling wave that will take us down into the blue zone.

The Eurodollar vs. The U.S. Dollar (EUR/USD) having drifted higher, was rejected this week. Perhaps now we will get a real wave of selling that will allow for a more accurate forecast. I would expect to get a clear read on this market after it reaches down to test the 1.08 level.

The S&P 500 index proxy (SPY) has moved up to dissipate the bullish energy that was attracted by the double bottom and bullish flag formation we discussed in last week’s forecast, and now we expect to see the bears take change and drive this market lower in the week to come.