Category: Trading Articles

SVXY- 67.18, 67.78 short term targets

SVXY is bullish above 62.44- see the following 4wk 15min chart.

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  • Written by Gary Caumont

Category: Trading Articles

Will the Bul Market Continue?

Last week the markets got serious about the topside and the potential set-up to support a break higher was fulfilled. That was pretty much in line with the bullish set-up that had presented itself. Now that the breakout has in fact actualized and moved north, the next question is twofold, "Will it continue?" and "How far can it go?"

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  • Written by LA Little

Category: Trading Articles

Bearish setup is here, but will the market follow through?

It's been almost half a year since the last bearish set-up formed - the market structure that must be present to even have a chance of a larger and faster move lower. It last made an appearance in September preceding the vertical drop of almost 10% on the S&P 500 in less than a month. In the blink of an eye, however, the markets pulled off a sheer cliff climb straight back up to eclipse the previous highs on most indexes. To a sleepy eyed investor, it must have seemed like a dream. To those with a shorter term focus it was a bit more like a nightmare.

Well, the setup is here again and this time the extenuating circumstances are increasingly negative but does that portend a different outcome? Even if these markets perform another cliff dive will they have a bungee cord attached again leading to yet another snap back higher rally?

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  • Written by LA Little

Category: Trading Articles

Now the Bullish Set-up

For a good three months now, the market has oscillated between two large ranges. If we use the S&P 500 daily chart we can clearly see the two ranges that had developed with a breakout of the lower range developing yesterday.

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  • Written by LA Little

Category: Trading Articles

Fed will be forced to continue easy money policies

Self-interest and self-preservation are powerful and undeniable motivational factors. It's as true for institutions, be they private or public as it is for you and me. Philosophically speaking, those self-interests can work in concert with other institutions (enlightened self-interest) or in isolation (unenlightened self-interest). Most entities prefer the enlightened approach most of the time, but when push comes to shove, many returned to the unenlightened approach. If you look around, central banking authorities have embarked on a much less enlightened approach and those actions will put significant pressure on the Federal Reserve to do exactly the same - maybe as early as today when they announce their policy decisions.

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  • Written by LA Little