December 26, 2015 – Welcome to my weekend market comment, an analysis tool I use in my own portfolio decisions, published free to the web every weekend before the New York opening bell. You can read the latest version each week by bookmarking http://cme4pif.blogspot.ca/. For full details read my disclaimer (link at the bottom of this page).
First off I hope you your family had a wonderful Christmas, I certainly did. In keeping with the spirit of the holidays, lets be brief. It really was not much of week for the markets, they were up, but on very little volume. That means the data in our charts is not fully reliable, and could change abruptly. Lets see what is in the charts.
CLICK HERE: To see the 100 and 200 series charts
101 Bull Bear Bear market (red over dark green) and now the short term (light green) is in a nice bounce up.
103 NYSE High Low Market Forces In the right side highlight we see green is below yellow this is the number on reason I am pulling in my horns. There …
First off I hope you your family had a wonderful Christmas, I certainly did. In keeping with the spirit of the holidays, lets be brief. It really was not much of week for the markets, they were up, but on very little volume. That means the data in our charts is not fully reliable, and could change abruptly. Lets see what is in the charts.
CLICK HERE: To see the 100 and 200 series charts
101 Bull Bear Bear market (red over dark green) and now the short term (light green) is in a nice bounce up.
103 NYSE High Low Market Forces In the right side highlight we see green is below yellow this is the number on reason I am pulling in my horns. There …