S&P 600 Officially in Bear Market Territory
After the Markets closed today I saw good news and bad news. The bad news is
that the scenario that I published as the most likely for this week was wrong, I
thought
Next Trading Week doesn't Look so Bright
There aren't guarantees when trading the Markets, however, lately the selling
pressure seems to dominate the price action. The same old news that have been
hitting the media for months are
A Good Time to Sit on the Sidelines
Yesterday I warned that the powerful rally we saw on Wednesday was suspicious,
the title of the article was 'Why I don't Trust this Reaction Rally Yet...'.
Today we
Why I don't Trust this Reaction Rally Yet...
The most important indexes had big gains after the Fed announced an interest
rate hike aligned to the Market expectations and the comments weren't as hawkish
as they could have been.
Barely Holding Below the Weekly Support
Tomorrow the 2-day Fed policy meeting will end and that could become the main
catalyst for Wednesday's trading session. Today, there were moderate gains in
the most important indexes and some