11/05/2025 Market Outlook (Two Long Upper Shadows)
Two long upper shadows in a row meaning bulls’ attempt to rebound from EMA20...
Read MoreTag: Engulfing
10/10/2025 Market Outlook (Bearish Engulfing)
This bear shall have legs. Because RSI made a new low which means generally...
Read More07/15/2025 Next Day Edges
I have no idea up or down tomorrow so I’ll guess the default which is …
Read More07/26/2024 Market Outlook (Long Upper Shadow)
Two consecutive long upper shadow implying a selling pressure (the up was sold) so bias …
Read More07/19/2024 Market Outlook (Bearish Engulfing)
Good looking bear bar again, volume surged, but might not enough so maybe the pullback …
Read More07/11/2024 Next Day Edges
Generally bears simply cannot make any follow through so my guess is up tomorrow. Friday …
Read More06/28/2024 Next Day Edges
Good looking bear bar with volume surge so my guess is down the next Monday.…
Read More12/06/2023 Next Day Edges
Still the trend is up so I’ll guess up by default. Thursday has been generally …
Read More10/12/2023 Next Day Edges
SPY made a bearish engulfing at 10-days high, which means 68% chances up tomorrow with …
Read More08/24/2023 Market Outlook (Follow Through Wanted)
Whether another leg down has started or not, I’ll need see a strong bear follow …
Read More08/24/2023 Next Day Edges
I have no idea up or down tomorrow so will guess the default which is …
Read More07/27/2023 Market Outlook (Bearish Engulfing)
It’s a Bearish Engulfing but statistically at least tomorrow favors bulls instead so bear or …
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Trader's Calendar
- Major U.S. Economic Reports are HERE
- 7/01: July 1st day, S&P up 32 of 36
- 7/03: Independence day, market closed
- 7/13: OE Monday, Dow up 17 of 22
- 7/17: OE day, Dow down 16 of 25
- Week after July OE, Dow up 17 of 23
- 7/29: FOMC Meeting
- 7/31: July last day, Nasdaq down 12 of 20
- 7/31: July last day, S&P down 12 of 20
- 7/31: July last day, Dow down 13 of 20
- 8/01: Aug 1st day, Dow down 19 of 28
