CandleWave – Action Suggestions for Monday, January 31, 2011 The Indexes You may already have seen these first paragraphs, which I distributed to all Subscribers on Friday evening. ……………………… Although it’s way too soon to tell with certainty, today may have been the day when the Great Rally of 2009-2010 finally ended. That the market ...…
CandleWave – Action Suggestions for Monday, January 24, 2011 The Indexes The Dow Industrials Index did reach higher, as we thought it might, to 11905.40, and then retreated, to close Up 49 points on the day. The S&P 500 closed 3 points higher than yesterday. Other than the Industrials, no other Index made a new ...…
CandleWave – Action Suggestions for Thursday, January 20, 2011 The Indexes Today may have marked the stock market turning point which we have been awaiting (for a very long time). It is probable that the S&P’s and the NASDAQs turned Down; very probable that the Transports turned Down; and possible that the Dow Industrials turned ...…
CandleWave – Action Suggestions for Monday, January 10, 2011 The Indexes Almost there! The market is stretched taut and continues to fracture. The Dow Industrials closed Down 22.54 points. It made neither a new High nor a new Closing High, nor did the S&P 500, 100, 400, or 600 or the NYSE Composite. The Transports ...…