Posts Tagged by market club free trial

Stock market shifts to short bias

Wednesday’s slide in the US equity markets did technical damage to the trend, putting it in a precarious position.  For “longs” caution is warranted and the “shorts” should be in or on standby for early next week.  The market was unable to recover after the fall on Wednesday and Friday’s attempt to claw back some losses was…

EUR/USD-Downward Euro Pressure Continues

This is the daily EUR/USD outlook for March, 26. While by no means was it relentless selling on Thursday, probes of resistance points were quickly stifled and the pair did finish lower once again. Short and long term trend remains down, and the break below 1.3430 (former range low) has a target of 1.3060.  One…

Stock Market-S&P Poised to Test 52 Week Highs

The following is your weekly stock market outlook for March 8-12.  We will look at the S&P 500. In last weeks analysis 1104 was the pivot point.  Holding above that was important in painting a picture in which the market could go higher.  At no point this past week was that point tested, and the…