08/08/2025 Market Outlook (Higher High and Higher Low)
So far the pattern is up one day down one day but bulls kept making …
Read MoreTag: RSP
06/13/2024 Market Outlook (Filled Black Bar)
Filled black bar which means opened high closed lower, small bar body, long lower shadow …
Read More11/10/2023 Market Outlook (Bull Flag Breakout)
Good looking bull bar today, plus statistically, up 2 weeks in a row, the next …
Read More06/06/2023 Market Outlook (RSP Leading)
Still expect a pullback, see chart below for why. RSP has been leading in the...
Read More06/02/2023 Market Outlook (More Up)
Should be more up because RSI made a new high today, so at least one …
Read More05/26/2023 Market Outlook (Double Top?)
I’ll say 49% chances double top (red arrows) here. Even indeed it’s a double...
Read More05/16/2023 Market Outlook (Testing Range Low)
Pullback from the range high as expected, now still some room to the range low …
Read More05/11/2023 Market Outlook (Rising Wedge)
I don’t know what the market is doing. The bottom line is, it’s held by …
Read More05/09/2023 Market Outlook (RSP)
The chart can go either up or down so still the short term direction isn’t …
Read More04/03/2023 Market Outlook (RSP)
Should be more up, however the recent rally was mainly due to a few heavy …
Read More03/21/2023 Market Outlook (Not Strong Enough)
So far the up is not strong enough, unless breaks above the Mar 6 highs …
Read More10/29/2021 Market Outlook (Big gap down but reversed up)
Big gap down but reversed up, the bar today was bullish, see red arrows for …
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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
