Tag Archives: Bear Trap

A Short Stay At The Bear Trap Inn

As we suspected in last night’s post, A break of today’s low at 2945.23 cinches a beeline move to the 50-day, where algos will likely set their bear trap and try and bounce the market.  We expect a feeble bounce at best, … Continue reading

Posted in Economics, Equities, S&P500, Uncategorized | Tagged , , , , | Leave a comment

Traders Get Caught…..

What is else in new? Slice through the 200-day like a hot knife through butter yesterday only to close above it today.  Still would not touch equities here for my than a flip,  and looking to get shorty at higher … Continue reading

Posted in Equities, Uncategorized | Tagged | Leave a comment

Was That a Bear Trap?

The S&P500 had a “cup of coffee” below its 200-day, which got the bears all lathered up and their you know what ripped off.    Mr. Risk and the S&P’s have gapped up through resistance in overnight trading on the Spanish … Continue reading

Posted in Equities | Tagged , | Leave a comment