Trading Ideas That Paid – Bio-Reference Laboratories
Stocks gave back most of last Friday massive gains as ongoing worries over the impasse over the debt ceiling continued to weigh on the markets. Notably, Bio-Reference Laboratories (BRLI) bucked the...
View ArticleReal Danger In Current Market
our near-term work on price structure and momentum suggested that the S&P is in an early stage of a short-term oversold bounce. The index has the trend channel moving average to trade against. A...
View ArticleS&P Held Support But A Close Above 4200 Is Required To Neglect Short-term...
S&P rebounded nicely after recent pullback found support near the important sentiment 4100 mark. Nonetheless, Money Flow measure is below the zero line, indicating a negative net demand for...
View ArticleS&P Established Important Near-term High
our near-term works on price structure and momentum suggested strongly that an important near-term high has been established and the S&P is in a midst of a short-term overbought correction. Over...
View ArticleS&P’s Near-term Technical Outlook Remains Bullish But Upside Could Be Limited
the fact that the S&P is overbought as it approached key price level that had been successful in repelling price action in the past suggested that upside gains could be limited. As for strategy,...
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