Market Analysis — Market Analysis

8/7 Market Recap

Posted by jon on

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 …

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1/7 Weekly Market Recap.

Posted by jon on

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, …

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6/24 Weekly Recap

Posted by jon on

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 …

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17/6 Weekly Market Recap

Posted by jon on

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 …

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10/6 Weekly Market Recap

Posted by jon on

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: …

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