on sight

Weekly time frame: SP 500 has not been able to overcome the last obstacle (November peak) prior to the May 2015 all time high The week ended with a Shooting Star. A short-term top could be in place provided last week low at 2073 is breached If the Shooting Star is confirmed we have three […]

60 minute time frame: NDX has carved out a potential reversal pattern (Rising Wedge) If the lower trend line of the assumed Rising Wedge is breached the wave (v) would have truncated Given the size of the Rising Wedge, if it plays out, odds should favor a penetration of the S2 = 4435 If this […]