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• Sept 1, 2010

  Daily Insight - Sept 1, 2010 3:30pmThe "end-of-month-beginning-of-month" seasonality strength is working its way through the day and the markets remain near their daily highs.  While the SPX.X is currently at resistance, the COMPX is seemingly a bit away...

• Aug 31, 2010

  Daily Insight - Aug 31, 2010 3:30pmMarkets have managed to claw its way up from the opening lows and as we surmised, the strength of the "end-of-month-beginning-of-month" seasonality is currently supporting the price structure.  In early afternoon tradin...

• Aug 30, 2010

  Daily Insight - Aug 30, 2010 3:30pmThe bearish scenario remains intact and is playing its hand out perfectly.  After Friday's "public bargain hunting and short-covering buying" rally, markets are staging a "n" reversal and seemingly on its way to negate ...

• Aug 27, 2010

  Daily Insight - Aug 27, 2010 3:30pmMarkets are staging a much needed rebound but as prices are still within the boundaries of this week's consolidation, and the fact that they remain below their declining midpoints, today's vector will be a "defining" one...

• Aug 26, 2010

  Daily Insight - Aug 26, 2010 3:30pmMarkets continue to churn and since they are on the negative side, declining midpoints are schedule to reach today's daily high by Friday or Monday and help "push" down prices.  The "consolidation at the lows" persist a...

• Aug 25, 2010

  Daily Insight - Aug 25, 2010 3:30pmMarkets have reached a supporting level as the SPX.X "supports and bounces" off the 1040.00 trendline, (daily low is 1039.83), and COMPX is trying to negate yesterday's down vector.  For now, as prices are in between mi...

• Aug 24, 2010

  Daily Insight - Aug 24, 2010 3:30pmMarkets have not padded onto their first hour losses and are actually a bit better than this morning as the Dow is now only down 80 odd points at 3:30pm EDT.  How the markets finish will give us some clues for Wednesday...

• Aug 23, 2010

  Daily Insight - Aug 23, 2010 3:30pmMarkets are still "consolidating at the lows" and with its inability to retain their intraday gains, lower prices are expected.  The major indices will have to climb a technical "wall of worry" from potential "head and ...

• Aug 20, 2010

  Daily Insight - Aug 20, 2010 3:30pmMarkets remain in its "consolidation at the lows" and for now, more of the same churning is expected into the close.  "Day Trader" has scratched MSFT and INTC and will discuss his selections after the close.Swing Tradi...

• Aug 19, 2010

  Daily Insight - Aug 19, 2010 3:30pmMarkets have returned to the lows of this current decline and are now "consolidating at the lows" after Tuesday and Wednesday's "mini-rally."  So make no mistake, a lower top has been formed and because midpoints are th...

• Aug 18, 2010

  Daily Insight - Aug 18, 2010 3:30pmAs said on Tuesday, "even if the index rallies on Wednesday, Tuesday's high and/or the declining midpoints should prove to be the main resistance area," has unfolded correctly.  Both the SPX.X and COMPX's rally were sto...

• Aug 17, 2010

  Daily Insight - Aug 17, 2010 3:30pmAs anticipated for this morning by Monday's more positive vector, a rally transpired and brought prices towards declining midpoints.  But sellers have emerged in the afternoon and as prices have not breached important t...

• Aug 16, 2010

  Daily Insight - Aug 16, 2010 3:30pmAs said on Thursday that the action was more of a "consolidation at the lows" than a strong "support and bounce," markets are playing this scenario out as prices are still churning at the lows and lower prices are expect...

• Aug 13, 2010

  Daily Insight - Aug 13, 2010 3:30pmWith its inability to rally, markets are seen "consolidating at the lows."  This kind of action is not good as we know that after a "pause" or consolidation process, prices usually resume with the direction before the p...

• Aug 12, 2010

  Daily Insight - Aug 12, 2010 3:30pmMarkets are trying to support after Wednesday's horrific decline and for now, prices can go either way.  Regardless of how the day ends, technical damage has been done and trending within the wide consolidation zone is ...

• Aug 11, 2010

  Daily Insight - Aug 11, 2010 3:30pmOur concerns that the breakout was "running late" in the day was well warranted and an early "breach of Tuesday's low" gave way to Wednesday's horrible decline.  For now, the wide June / July consolidation zone is the i...

• Aug 10, 2010

  Daily Insight - Aug 10, 2010 3:30pmMarkets opened way down, supported on their respective technical lines, and has clawed back over the halfway mark of today's vector in the last hour.  Today's close could be indicative for Wednesday's direction as a fin...

• Aug 9, 2010

  Daily Insight - Aug 9, 2010 3:30pmOur inclination "that higher prices are forthcoming" is unfolding correctly as the major indices enter the last hour at the daily highs as well as the highs of July and August.  Higher prices are expected."Day Trader" ha...

• Aug 6, 2010

  Daily Insight - Aug 6, 2010 3:30pmWith a disappointing reception to the poor employment numbers, markets have pulled back to their technical congestion area of support.  A close within the boundaries of the "consolidation at the highs" will be acceptable...

• Aug 5, 2010

  Daily Insight - Aug 5, 2010 3:30pmMarkets are "consolidating at the highs" and midpoints are here to help "support" prices.  More of the same sloppiness is expected into the close as market pundits await for Friday morning's release of the non-farm payro...