Crude Oil Analysis: Power of the “P”

Crude Oil is testing significant resistance after rallying from critical support between $75 and $75.75. However, will buyers push price through $90? Here’s my take..

Dow Rejected at 11,650; More Selling Ahead

The mini Dow futures contract was rejected at significant resistance at 11,650 today, which triggered a heavy sell-off throughout the session. Recent history indicates more downside could be seen…

Time to Sell the NASDAQ 100

The NASDAQ 100 Index has rallied quite nicely after bouncing off key support early last week. However, price has run into key resistance, which could shift the power over to the bears en route to another round of selling pressure. Here’s why..

ESRX is a Sell, Plus E-Mini Levels

Express Scripts ($ESRX) has been trending steadily lower the last five months, dropping over 40% during this stretch, but more downside action could still be seen. Here’s why..