Weak Sell Signal Not Enough to Attract Bears

YouTube Video – The S&P 500 had another bullish week. The index advanced by 2.5%. It seems there is not room for any bears. Certainly those that sold last week are feeling a little pressure right now with the index closing on its’ high for the week. Yes, there was a sell signal last week, but the sell trigger did not go off. The bears…

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S&P 500 Weak Sell Signal – But Context Good for Bears

YouTube – Watch! Subscribe! The bulls have their work cut out for them this week. Over the past seven weeks, this is the second weakest close for the week. It was a neutral week, which suggests bulls taking profits, so we don’t know if it will be enough to entice additional selling. This is also a sell signal on the weekly time frame. Price…

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Head Fake or Bear Market?

Video – Watch! It was an absolutely fierce battle between the bulls and bears this past week. Alas, the bulls posted a victory for the week as the S&P 500 finished up 1.86%. It was exciting to say the least, but even after the past two weeks of bullish price action, the longer term structure of the S&P 500 remains bearish. There are two…

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Where are the Christmas Bulls?

YouTube Video – Watch & Subscribe The S&P 500 finished the week down 1.26% after it was all said and done. The week started out great for the bulls, but they could not hold on. They simply did not have enough power to continue pushing the S&P 500 higher or even keep it at a steady price. By Wednesday afternoon, the bears had taken over…

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