201605.31
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SPY Forecast 5/31/16

  The S&P 500 index proxy (SPY) remains under mild bullish control in the smaller time-frames. Nothing has changed in the deeper and bearish zones, so we are stuck on the sidelines waiting until this tug of war is resolved by a an upthrust to the upside…

201605.23
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SPY Forecast 5/23/16

  The S&P 500 index proxy (SPY) remains under mild bullish control in the smaller time-frames. Nothing has changed in the deeper and bearish zones, so we are stuck on the sidelines waiting until this tug of war is resolved.

201605.16
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SPY Forecast 5/16/16

  The S&P 500 index proxy (SPY) remains under mild bullish control in the smaller time-frames. Nothing has changed in the deeper and bearish zones, so we are stuck on the sidelines waiting until this tug of war is resolved.

201605.10
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SPY Forecast 5/10/16

  The S&P 500 index proxy (SPY) The bullish surge we forecast last week has come in right on schedule. We are in a transition point now, with a possible bearish pivot or bullish breakout both about at 50% odds. We remain on the sidelines and will be stuck there until we get clarity.

201605.03
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SPY Forecast 5/3/16

  The S&P 500 index proxy (SPY) continues to trade within the bearish ivory zone. The grinding bullish power has finally been conquered and the bears have control of the market. We are forecasting that this bearish control is likely to be short lived, and that at least one more bullish surge will be seen…

201604.26
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SPY Forecast 4/26/16

The S&P 500 index proxy (SPY) continues to trade within the bearish ivory zone. The grinding bullish power continues to push price higher and is starting to attract breakout players. This new constituency is likely to fuel the bullish move for one more leg, and we will remain on the sidelines until we see the…