by Mark | Oct 1, 2014 | Today's Market Trend
I’m just going to let the charts do the talking! And then there is the US Markets: The S & P 500 I think the correction has arrived!
by Mark | Aug 8, 2014 | Today's Market Trend
The markets appear to be completing a near term correction. I use Fibonacci Retracements to identify potential reversal levels. These ratios are found in the Fibonacci sequence and we probably don’t need to get into the definitions. The most popular Fibonacci...
by Mark | Jul 31, 2014 | Today's Market Trend
The trend has now changed. A rally in the S & P 500 of greater than 3% would be needed to offset the recent decline. The trend is now down. Time to take profits and to move out of your non-performing assets. The Fed may once again try to come to the markets rescue...
by Mark | Jul 25, 2014 | Today's Market Trend
The Dow Jones Industrial Average has just weakened the uptrend by penetrating the intermediate trend line.