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Daily Insight - March 8, 2010 3:30pmWith the fact that Friday's up spike is not negated today, we can almost "smell" that higher prices are forthcoming. No problems for now as the COMPX makes new highs and "all systems are Go!""Day Trader" had no trades w...
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Daily Insight - March 5, 2010 3:30pmMarkets have unfolded the way we anticipated and our call that "higher prices are expected" rang true. More upside movement is seen for next week."Day Trader" had no trades as BIDU did not pierce Thursday's high and w...
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Daily Insight - March 4, 2010 3:30pmMarkets are still "consolidating at the highs" and this type of activity is usually a "pause" within an uptrend to wait for the rising red-colored midpoints to help "push" up prices. As such, patience is needed as hig...
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Daily Insight - March 3, 2010 3:30pmMarkets are "consolidating at the highs" with its limited daily range and the fact that prices are still above support. No problems for now as today's "backing and filling" develops the uptrend accordingly. "Day Trade...
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Daily Insight - March 2, 2010 3:30pmMarkets couldn't maintain its intraday gains and is soft going into the close. For now, the "consolidation at the high" continues and more of the same sloppiness is expected till 4:00pm."Day Trader" had no trades with L...
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Daily Insight - March 1, 2010 3:30pmMarkets are higher and while the SPX.X encounters resistance around the 1115.00 trendline, COMPX is destined to challenge the year's highs. Nevertheless, with a lot of techs looking better, breaking out of consolidation...
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Daily Insight - Feb 26, 2010 3:30pmMarkets are still churning around their midpoints and the 50-day moving average so for now, patience is warranted until a break materializes. More of the same low volatility is seen into the close. Agilent finally paid...
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Daily Insight - Feb 25, 2010 3:30pmMarkets have rebounded from its morning lows as both the SPX and COMPX "supported and bounced" off major horizontal trendlines. But since prices are still not in the green in the last half hour and churning around their ...
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Daily Insight - Feb 24, 2010 3:30pmMarkets are staging a pausing vector as it is limited in range with most prices remaining within Tuesday's range. So with yesterday's assessment still valid at this point in time, patience is warranted as the indices s...
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Daily Insight - Feb 23, 2010 3:30pmMarkets have retreated back to their rising midpoints and we will wait to see how the indices close as they seem to be in a pivotal state. In other words, the upside is contained by an intermediate-term 50-day moving a...
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Daily Insight - Feb 22, 2010 3:30pmMarkets are "consolidating at the highs" as both the SPX.X and COMPX have limited movement in its daily range. This action allows the upper TFTF levels and midpoints to rise higher so that higher prices have good room ...
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Daily Insight - Feb 19, 2010 3:30pmMarkets are seemingly "consolidating at the highs" as the SPX.X targets the 1115.00 trendline while the COMPX heads towards its upper TFTF line. Higher prices are expected as the indices ignore the rate hike and has no...
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Daily Insight - Feb 18, 2010 3:30pmMarkets are higher as the SPX.X targets the 1115.00 trendline and COMPX heads towards its upper TFTF boundary of 2265.00. Higher prices are most likely for the latter index as it breaks out of its consolidation while the...
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Daily Insight - Feb 17, 2010 3:30pmAs both the SPX.X and COMPX did not negate Tuesday's rising vector and the fact that their respective prices are exhibiting the second consecutive day above the midpoints, the return to a sideways consolidation is confir...
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Daily Insight - Feb 16, 2010 3:30pmAs proposed, a sideways consolidation has become the dominant chart pattern for both the SPX.X and COMPX. So unless today's vector is negated on Wednesday, the recent declining phase has ended with prices content to st...
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Daily Insight - Feb 12, 2010 3:30pmSo with the markets reversing this Friday morning's opening slide, and the fact that the indices are trading more near the daily high than the low, the sideways consolidation is seemingly on track to be the dominant char...
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Daily Insight - Feb 11, 2010 3:30pmToday's pivotal day is seemingly to the positive side as the major indices are trading above their respective midpoints. This tells us that instead of a resumption of the decline, prices are now content to move in a si...
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Daily Insight - Feb 10, 2010 3:30pmThe pivotal day that we expected for today did not materialized and instead we got a "pause" day. Markets went down, came back up, and is now basically flat into the last half hour. So the pivotal day is now pushed f...
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Daily Insight - Feb 9, 2010 3:30pmWith news that Germany is planning an aid package for Greece and Coca Cola's earnings were stellar, markets have gapped up to rally to their respective declining midpoints. As such, a pivotal day is set for Wednesday be...
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Daily Insight - Feb 8, 2010 3:30pmAs said on Friday, the scenario that if the indices "cannot garner sufficient strength" in Monday's first hour, then further weakness will continue to develop accordingly. Markets are still bearish and is seemingly bidi...
