Sunday, May 29, 2016
Posted by Declan Fallon at 10:22 PM
Thursday, May 26, 2016
The S&P got to resistance of what was looking a reversal head-and-shoulder pattern. This pattern won't be negated until 2,111 is breached, but today's action is a step in the right direction. The only negative is the continued relative under performance against Small Caps.
Posted by Declan Fallon at 10:14 PM
Tuesday, May 24, 2016
Posted by Declan Fallon at 10:27 PM
Monday, May 23, 2016
Semiconductors finished with a bearish 'inverse hammer'; some may look to the mid-line of stochastics [39,1] as a confirmation of this, but I suspect the index has done enough to return net bullish, which technicals - as of today - have confirmed. Time to buy pullbacks.
Posted by Declan Fallon at 10:05 PM