05/15/2024 Market Outlook (Exhaustion)
Up 9 days in a row, then a gap up and biggest bull bar so …
Read MoreTag: Exhaustion
01/19/2024 Market Outlook (Exhaustion)
Big bar plus volume surge (red arrow) so today’s bar could be an exhaustion bar. …
Read More12/15/2023 Market Outlook (Another Classic Distribution Day)
Small bar with even bigger volume than that of yesterday so it’s another classic distribution …
Read More12/13/2023 Market Outlook (Exhaustion Bar)
A sudden big bull bar with volume surge after a series of consecutive bull bars …
Read More06/30/2023 Market Outlook (Exhaustion Gap)
5.5 trading days down vs 4 trading days up, bulls have won, so should still …
Read More06/16/2023 Market Outlook (Dark Cloud Cover)
It’s a Dark Cloud Cover plus increased volume so may see further pullbacks the next...
Read More06/15/2023 Market Outlook (Exhaustion)
Continue up for several days then a sudden big bar plus volume surge usually means …
Read More03/31/2023 Market Outlook (Exhaustion Bar)
Expect a pullback as early as the next Monday which likely would be bought eventually …
Read More02/22/2021 Market Outlook (QQQ Down 5 Days)
Key day tomorrow, if down big then the pullback I’ve been talking about (to fix …
Read More10/12/2020 Market Outlook (Exhaustion Bar?)
Exhaustion bar plus weak breadth (see charts below for why) so expect a pullback as …
Read More09/02/2020 Market Outlook (Exhaustion Gap?)
Could be an exhaustion gap on SPY today, beware. QQQ, it’s doji plus volume surge...
Read More06/05/2020 Market Outlook (Big Weekly Bull Bar)
A little more up still is likely (higher high ahead) but a pullback should be …
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Trader's Calendar
- Major U.S. Economic Reports are HERE
- 05/01: May 1st day, S&P up 18 of 27
- 05/09: Before Mother Day, Dow up 20 of 30
- 05/12: After Mother Day, Dow up 18 of 30
- 05/12: OE Monday, Dow down 8 of 14
- 05/16: OE day, Dow up 16 of 24
- 05/26: Memorial Day, market closed
- 05/27: After Memorial, Dow down 8 of 10
- Memorial Day week, Dow down 17 of 29
- 06/02: June 1st day, Dow up 28 of 36
