Pre-mkt_2023_11_29

by | Nov 28, 2023 | AAA Pre-Market

Pre-mkt_2023_11_29: https://tinyurl.com/6avp5zty The SPX has formed a 4-session Balance. In mature Balance Areas, in general, you want to be long above the HVN and short below it. The current HVN is 4556-4554. I am personally not comfortable chasing this...

Pre-mkt_2023_11_28

by | Nov 27, 2023 | AAA Pre-Market

Pre-mkt_2023_11_28: Ranges were very narrow in the US indices in Monday trade. Minor Balance Areas have formed. As expected, the rate of change of the rally off the October lows has slowed, but there has still only been extremely shallow …

Pre-mkt_2023_11_27

by | Nov 26, 2023 | AAA Pre-Market

Pre-mkt_2023_11_27: The US indices are lower in early Sunday evening Globex trade. Retracement/Balance is quite overdue, so this is not a surprise. No Live Room tomorrow but I’ll send out a post-market update. NO LIVE ROOM...

Pre-mkt_2023_11_24

by | Nov 23, 2023 | AAA Pre-Market

Pre-mkt_2023_11_24 The next level in the SPX to the upside is around 4607, the summer rally high. The rally off the October low is up over 11% in 18 trade days, and there has been only brief and shallow retracement,...