SPY Forecast 12/14/2015
The S&P 500 index proxy (SPY) is ping ponging off the lows of its recent range as we wait for the Fed this Thursday…We are looking at a coin flip environment, and are keeping our powder dry at this time.
The S&P 500 index proxy (SPY) is ping ponging off the lows of its recent range as we wait for the Fed this Thursday…We are looking at a coin flip environment, and are keeping our powder dry at this time.
(EUR/USD) exploded out of the ivory zone on news out of the ECB. This forces us to remain on the sidelines as we wait for a better risk/reward scenario to show itself.
L Brands (NYSE:LB) has turned down within the red zone on lower power. Nothing new to add at this time as we wait for resolution.
L Brands (NYSE:LB) is trading within the red zone and turning lower. Nothing new to add at this time as we wait for resolution.
(EUR/USD) exploded out of the ivory zone on news out of the ECB. This forces us to remain on the sidelines as we wait for a better risk/reward scenario to show itself.
The S&P 500 index proxy (SPY) has been caught up by political pressures and this bullish energy has finally overcome all the power that triggered our short position. Utilizing the predictive nature of 3D Apex Predictive Failure Technology™ , we now have an indication that this short position is likely to fail. We are…
Freeport McMoran (NYSE:FCX) has been brutalized recently and is showing signs of capitulation and reversal.
Hasbro (NYSE:HAS) came down to just touch the blue zone in today’s session. Having correctly forecast this down leg, our edge in the market goes back to neutral and we will consider this trade “closed”.