Today’s Market Trend – Caution

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...

Today’s Market Trend – Down

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...

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