For a short week it really was kinda long.
We had a nice consolidation over these four days.
We’ll see if we can trend higher next week.
[Read more…]
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
For a short week it really was kinda long.
We had a nice consolidation over these four days.
We’ll see if we can trend higher next week.
[Read more…]
by David
From the Desk of Kimmy Sokoloff
Happy Easter to all those celebrating this weekend!
The market is in consolidation mode, and we’ll soon find how much more it needs.
by David
From the Desk of Kimmy Sokoloff
The market surely did consolidate today, but the action was extremely whippy.
Tech led the way lower, but there isn’t any fear out there, as the $VXX keeps sliding lower.
by David
From the Desk of Kimmy Sokoloff
Happy Passover to those who celebrate!!
The market is trying to consolidate, as it should, and I think it needs more of it. I’d like a healthy pull into $SPY 405 or so.
by David
From the Desk of Kimmy Sokoloff
That was a healthy contraction today.
I would think we still need more of a pull-in, but time will tell.
by David
From the Desk of Kimmy Sokoloff
Another gap higher this morning for the indices.
We might hit $SPY 421 quicker than thought if we keep up this pace.
by David
From the Desk of Kimmy Sokoloff
It was a slow day for the market, and then, late in the day, we started to ramp higher.
I’d think $QQQ would take a breather soon, as this index is the most extended.
by David