War or No War, the markets seem to have hit a short-term top and some sort of correction is a legitimate possibility in the next couple of weeks/months. I’m looking for an Approx. 5% correction on the S&P 500 from … Continue reading
Tag Archives: ES_F Potential Targets
Well, it appears that the Growth Hormone Market is back to its old tricks. After the recent (sharp) sell-off, the BTFD crowd jumped in and slaughtered every reasonable Bear out there. Now, as the market continues its march/grind/melt-up Higher, my … Continue reading
After my BTFD trade that I recommended on June 24th 2013, I’m here to warn you, not to go Bullish on this market just yet. The BTFD hysteria has exhausted itself, and ES (S&P E-Mini) is trading at a key … Continue reading
Again, pardon my God Complex here, but ES (S&P E-Mini) has officially hit my target of 1560, exactly as I predicted on June 3rd 2013 [Read This]. What’s Next ??? I believe you need to be more careful/cautious at this … Continue reading
The AUD/JPY is suggesting that the ES (S&P E-Mini) will keep declining until it hits 1560, at which point, it might reverse and continue its historic run to 1700+.
ES is rapidly approaching the hyper BTFD zone between 1530-1540; If you wish to establish any short positions, I recommend you place your stops as close as possible to your Entry Price.
WHAT !!! Yes. It might sound a little counter-intuitive given my personal hatred for Global Central Banks and their relentless efforts to pump the markets higher and higher. But that is my personal opinion. The fact remains that until the … Continue reading
The Trend Line break that I’ve been screaming my lungs out for so many weeks, has finally arrived. Last week, ES (S&P E-Mini Futures) broke out of the Bullish Channel that it had been trading in since 12/31/2012 (the Fiscal … Continue reading
It seems that the zone between 1535-1540 is a very strong Buy-The-Dip zone. ES bounced off its 23.6% retracement at 1536, and is currently testing the resistance at 1544. I remain BEARISH and I believe ES is still on tap … Continue reading
Well, Well, Well….. Look what we’ve got here. ES seems to be following the path I laid out last week. ES has strong support at the trend line. So before initiating any Bearish positions on the ES (or SPY), … Continue reading