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Wednesday, September 30, 2015

Update for Wednesday Sept 30, 2015 Premarket

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Update for Wednesday Sept 30, 2015 Premarket

The market was down sharply in the last 3 days  and some rally is expected to relieve the oversold conditions. Russell 2000 made a new low below August 24 lows yesterday and energy stocks continue to be...

Monday, September 28, 2015

Update For Monday, Sept 28 Premarket

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Update For Monday, Sept 28 Premarket

We have no change in our position of last Thursday. Energy stocks are going lower. Friday DJI  was up . Most other indices were down. We will continue to go lower till we get new lows below Aug 24 lows....

Thursday, September 24, 2015

Update For Thursday Sept 24, 2015 Premarket

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Update For Thursday Sept 24, 2015 Premarket

As expected the market has been going down in step 5 from the highs established  a week ago. The same is true of European markets and Tokyo market . If you look at the chart of SPY, in the step 5 , it should...

Monday, September 21, 2015

Update For Tuesday Sept 22, 2015 Premarket

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Update For Tuesday Sept 22, 2015 Premarket

As we had pointed out in our Blog of  Sept 17, the market started moving down after making an intraday high based upon no change in interest rates by the Federal Reserve. The decline in 5th step down to...
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