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…
The mini-sized Dow futures contract is beginning to show signs of impending weakness. Here’s why the Dow could drop several hundred points in the days ahead..
Amazon.com has been trending steadily higher for the better part of four months, paving the way for a great “buy the dip” opportunity during the current wave of strength. Read more..
The S&P 500 Index ($SPX) has been trending steadily higher since 1,040, rallying over 100 points in the last four weeks. However, price is beginning to show signs of weakness, which could lead to a near-term retracement soon. Here’s my outlook for the week..
The Dow Jones Industrial Average ($DJI) has remained within a resilient bull trend since the test at 10,000 in August, rallying 1,000 points from this level in five weeks. However, we could see a modest retracement before the next wave of strengh enters the market.