Hello traders! This week the market has gone quite a nice distance, 3 points, in a week where the market was up 4 out of 5 days. As we have stated on the previous post, the bullish sentiment still …
Market Analysis
Aug
12
2013
8/5 Market Recap.
Spy of the week. Dear Traders! on the previous week, the market has experienced a small consolidation in prices. it seems that the previous resistance level of 169.00 now acts as a support. This level starts to mark itself …
Aug
05
2013
7/29 Market Recap.
Spy of the week. Hello traders! If when you will read the next few lines you will feel a sense of De-Ja-Vous then you are right, the market has closed another week of up trending prices. This move is …
Jul
30
2013
7/21 Market Recap.
Spy of the week. At last! the market took a break of the fierce up trend we experienced the last few weeks. Although we reached a new all time high on early sessions, it seems that the market took …
Jul
23
2013
7/15 Market Recap
Spy of the week. Hello traders! Again this week, we have seen bright green in the screens. This is the fourth (!) week in a row the market is up, and the he doesn’t seem to get tired at …
Jul
15
2013
8/7 Market Recap
Spy of the week: Five consecutive positive days, and third week in a row that the market is up, what a raleigh! It’s amazing how sentiment can shift so fast. 3 weeks ago, the market experienced a sharp decline, big …
Jul
08
2013
1/7 Weekly Market Recap.
Spy of the week. Hello traders! Last week was a shortened trading week as the market traded half a day on July 3ed, and didn’t trade at all on July 4th. Happy anniversary America! Obviously, on weeks like these, …
Jul
02
2013
6/24 Weekly Recap
Spy of the week. This week we continued with the somewhat chaotic moves of the market. The direction was clearly up, but almost all of the previous week’s trading days were very volatile, and closed very close to the …
Jun
24
2013
17/6 Weekly Market Recap
Spy of the week. This week we experienced a sharp decline in the markets. The first two sessions seemed to continue the upward price movement, penetrating the down-sloping channel of the last two weeks, but things changed rapidly. On …
Jun
17
2013
10/6 Weekly Market Recap
Spy of the week This week the market experienced a range-bound price activity. Being in a downtrend channel, we started this week with a bearish bias, but as we went progressed into time, the SPY formed a significant higher low: …
Jun
10
2013
3/6 Market Recap.
SPY of the week Percentage wise, this week we had a neutral week on the overall market. The important support level which we have been watching since last post – 164.00, has been breached. This breach has a particular attribute …
Jun
03
2013
27/5 Weekly Market Recap.
SPY of the week Hello trades! this week we had a short trading week, 4 days of trading with mostly red candles. The SPY representing the S&P 500 lost almost 3%, that’s the biggest loss for 1 week since the beginning …
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