http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/http://www.fxstreet.com/technical/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2012-02-09.htmlYou have to hand it to the bulls as they just refuse to give up the gains in this market. For now, anyway. You have to wonder how long they can hold things up this well into very overbought conditions on the daily index charts. The market tried a few times to sell things down, but it refused to cave in. The folks on the side lines that have missed a lot of this move are anxious to get in on any weakness, thus, the bears are having a rough time keeping things down. It'll happen at some pointThu, 09 Feb 2012 05:23:46 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2012-02-09.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2012-02-07.htmlBut that doesn't mean we won't wiggle our way up a few more percent in this market before the bigger selling kicks in. It will kick in, folks. It's not if, but when. The selling will be extremely healthy, and it's very necessary, but since we're still in the buy-all-pullbacks phase of this rally, the market still works its way up higher in the days, and weeks, ahead before it gets a bit nasty to the downside. It's also important that the stocks go up some more, before the larger pullback kicksTue, 07 Feb 2012 06:48:55 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2012-02-07.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2012-02-02.htmlThe bulls are trying, but so are the bears. The bulls are doing their very best to move the market through S&P 500 1325. The bears are drawing the line in the sand with one intense fight. They are telling the bulls that, although things are moving upward, getting through 1325 will require a lot of work. There have been two attempts now to get through 1325, but both times we've had churn, not a run through, and beyond. That's the bears doing everything humanly possible to hold things down.Thu, 02 Feb 2012 05:24:17 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2012-02-02.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2012-01-31.htmlThere comes a time when it's best for everyone who is bullish to step back and take it easy for a while. It's never great to have markets only going in one direction, even if the move is on small candlesticks. It's best to let the momentum that built up too fast take a breather. If you keep moving higher into overbought daily index charts, at some point you get a very nasty and unwelcome snap down. We started to get very close to that becoming a reality as the Nasdaq got to 75 RSI, while theTue, 31 Jan 2012 05:10:36 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2012-01-31.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2012-01-24.htmlThe market has been slowly, very slowly, but very steadily, moving higher over the past few months. Ups and downs, but the overall trend has been higher. The daily index charts have been following along, with a slow move on the RSI's towards 70, the magic level that tells us that sooner than later we'll need some type of pullback to reset those oscillators that tell us what we can expect from the market over time. They are bullish, but they are now right at overbought, and may get a drop moreTue, 24 Jan 2012 05:03:50 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2012-01-24.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2012-01-23.htmlThe market is losing its volatility as the VIX drops, and that's not a bad thing. Nice and smooth is how the market is now trading. No major swings. No intense whipsaw. That's a welcome reality for all traders. The worst of times come when the market just flip flops all over the place, haphazardly, without much rhyme or reason. When the VIX starts soaring, it's lights out for this market in terms of performance. It becomes almost impossible to play. Many hundreds of points up and down in aMon, 23 Jan 2012 04:53:34 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2012-01-23.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2012-01-19.htmlThe stock market has fooled many non-believers over the past year or so. Not that the market has done so well, because it hasn't. Dead flat on the S&P 500 last year as it opened and closed at 1257. Given the circumstances that surrounded the global markets in 2011, it is nothing short of a miracle that we ended up 100% flat for the year. I called it the year of the bull for obvious reasons. Let's be honest, if the market had been down 15-20% last year, would you have been shocked by itThu, 19 Jan 2012 05:02:46 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2012-01-19.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2012-01-12.htmlThe bears will make a strong argument that the consolidation is more like churning at key resistance. The bulls will tell you that the market is holding very well at the breakout point, although the S&P 500 is still thirty points away, but needs to clear the old highs at 1292 to get things rolling. If they can do that, then they can challenge the July-high trend line that comes down around S&P 500 1318/1320. I have to form an opinion, of course, about how I see things, and I have toThu, 12 Jan 2012 04:51:38 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2012-01-12.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2012-01-10.htmlAren't we all! If this continues for too much longer we may all lose our collective minds. It's almost too painful to wake up, and deal with this every single day. If this was a short-term pattern for just a few months I could deal with it, but this is going on just far too long, and it needs to go away. I am ready to pray to the stock-market Gods for help. It's insane how this is allowed to go on day-after-day. The good is the trend lines. The long-term up-trend line and down-trend line areTue, 10 Jan 2012 05:27:32 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2012-01-10.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2012-01-09.htmlThe story is definitely an old one. A boring one at that. Push and pull, and then some more push and pull with both sides seemingly exhausting, themselves. While they catch their breath, they realize that they've done nothing to get excited about. They bend down with their hands on their knees and say why bother. This is what the market feels like and is for that matter. There's just no clear direction after all these months of both sides giving it their best shot. Make no mistake. Both sidesMon, 09 Jan 2012 05:24:24 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2012-01-09.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2012-01-05.htmlThe market is set up to move higher. It doesn't mean it has to happen as planned, because, let's face it, folks, both the bulls and the bears have failed miserably in getting things done when they had their chances. There have been many chances for both sides, with the bears being the most recent group to mess up a good thing. They had the market buried with the move below 1225, but once that took place, it was churn time on diminishing volume, and that's all the bears could muster. The bearsThu, 05 Jan 2012 04:54:58 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2012-01-05.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2012-01-02.htmlThink about it, folks. This market was hit with a tremendous amount of bearish news from all over the world. Europe in terrible shape with many of the Eurozone countries tinkering on bankruptcy. Desperate measures are being taken to try to keep things afloat. Day after day we hear of how dire things are overseas. We know that Japan and China are struggling with their economies, and things are slowing quickly. We then only need to look out the window to see how difficult things are in theMon, 02 Jan 2012 05:06:41 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2012-01-02.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-12-29.htmlThe market getting back up to the breakout area of 1267 on the S&P 500 looked so promising if you're a bull. We headed into the holiday weekend with breakouts that were the talk of the stock market world. The bulls were talking the talk as it seemed Europe was under control for the moment. The reports in the United States, currently, aren't at all bad. The reasons for a breakout seemed real. That is, until today when the bears, not so fast, stopped us cold when we tried to break thingsThu, 29 Dec 2011 04:51:50 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-12-29.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-12-26.htmlOne week ago the market was closing in on breaking down below S&P 500 1225. It failed to hold the breakdown once it occurred as the bears just couldn't find any momentum once the level was taken out. A slow grind lower ensued, with the bulls, eventually, holding the line in the sand. Here we are with the bulls trying to press through massive resistance between 1260/1657. You need a gap up and out to confirm the move, so we'll be looking for that on Tuesday when we open for trading onceMon, 26 Dec 2011 05:11:13 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-12-26.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-12-22.htmlWhen markets are in bull mode you don't see what we saw today. First of all, you don't see the healthiest stocks, really any stocks for that matter, get annihilated on an earnings report. There is room to have bad news without getting crushed down. You are basically forgiven for getting it wrong. The very best stocks in particular are given a grace for at least one, if not multiple, bad reports. You can't kill the best company's in a bull market environment. Oracle Corp. (ORCL), one of thoseThu, 22 Dec 2011 05:10:02 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-12-22.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-12-20.htmlAnd that's being kind. The market that goes nowhere has been seeing the bears gain some slight edge lately, and we saw that in the action today. The leading headaches for the bulls, the financial and commodity stocks, took it on the chin again today. The financials back tested their moving averages late Friday, and plummeted hard today after being down only a little bit early on in the day. In fact, the markets were up decently early morning only to see things erode once again as the day woreTue, 20 Dec 2011 05:12:52 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-12-20.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-12-19.htmlAt least the bears can say that they broke the S&P 500 down below critical support at 1225, where the 50-day exponential moving averages lived along with the top of a gap up. A powerful gap up at that. Two powerful forces together that the bears were able to break through. Barely, but at least they broke it down. The bulls were not able to accomplish the same type of breakout when they embarked on the adventure of removing resistance at 1265, which is key trend-line resistance at that.Mon, 19 Dec 2011 05:04:59 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-12-19.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-12-15.htmlYes, today we saw breakdowns below the 50-day exponential moving average on the S&P 500 and Nasdaq. Yes, today also took out the tops of those huge gap ups. Not good to see if you're a bull. However, it wasn't a resounding breakdown. The short-term oscillators got a bit oversold, and the bears could do nothing with it. In more intense breakdowns, you get oversold and stay that way. Not the case today at all. The market barely fell after the open of trading for the rest of the day with theThu, 15 Dec 2011 05:27:49 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-12-15.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-12-13.htmlOvernight we heard from Moody's when they decided to join in and confirm the potential downgrades of many Eurozone countries, who currently have AAA ratings. The potential downgrade coming after S&P 500 first made that announcement late last week. Now that we have two major rating agencies on board with potential downgrades, the market is more jittery about it as an actual downgrade would hurt the financial system. The futures were very green last night until that news hit. It was a moreTue, 13 Dec 2011 05:18:55 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-12-13.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-12-12.htmlThe week was full of many events that had effects on the behavior of the overall stock market. Most of the action in the stock market was very surprising. It was surprising to the bears, and to the bulls, as both must be shaking their heads, considering the late week news. The market was wondering what would happen over this weekend as the smartest minds were scheduled to gather together to figure out some type of solution for the headaches Europe is dealing with for however long. TheyMon, 12 Dec 2011 05:04:29 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-12-12.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-12-08.htmlIs this crazy or what! This morning, very early on, the Dow futures were up 96 points. Those futures held well overall, until a spokesman from Germany put out a statement that it seemed there would NOT be a resolution for the Eurozone over the weekend. The result was a 1760-point reversal down in the futures. Oh well! No shock as we all know by now we're tied in completely to the news of the moment out of Europe. Our own backyard has become secondary to Europe. The United States is holding itsThu, 08 Dec 2011 05:22:39 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-12-08.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-12-06.htmlThe Dow and S&P 500 were up against their near-term down trend lines at 12,200 on the Dow and 1265 on the S&P 500. The market was churning there for hours, but not falling very much. Yes, the 60-minute short-term charts were a bit overbought, but the market was hanging tough. The bears needed an excuse to get the bulls to calm down a bit. It came in the form of the S&P 500 warning they would downgrade some Eurozone countries below the top rating of AAA. Later in the day theyTue, 06 Dec 2011 05:46:37 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-12-06.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-12-05.htmlI will show you those charts tonight to give you some idea as to what they look like technically. They are really fabulous charts that show bullish engulfing sticks. You rarely see sticks like that, but then again, how often does the world get flooded with liquidity from all the head honchos around the world. Very impressive sticks that usually, not always, but usually, lead to a follow-through in the weeks ahead. Never a guarantee as anything can hit on the news front that won't be metMon, 05 Dec 2011 05:51:22 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-12-05.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-12-01.htmlThis should not have come as a surprise to anyone. We've talked many times about the fed and the role of playing the savior. Not on my watch approach. He knew that if the Eurozone fell apart, so would our markets, and thus, the concerted effort with the world central banks to supply massive quantities of liquidity to help Europe out and keep the financial system humming along for at least a little while longer. Outside of our own back yard, the fed convinced England, Switzerland, Japan andThu, 01 Dec 2011 05:09:07 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-12-01.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-11-29.htmlNegativity is building as sentiment is starting to sour all over again. Who can blame them. After a very hard fall over five and a half days, the market got extremely oversold a few times and formed positive divergences on the short-term charts. Those divergences in combination with being oversold kicked in today. A massive gap up that took out the last gap down a few days back left an island reversal stick on the 60-Minute Charts. Solid action. The daily charts started to get down there asTue, 29 Nov 2011 05:15:44 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-11-29.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-11-28.htmlThere are no doubts about our trading days beginning with the futures over in Europe and ending with whether their markets will recover or not. Our markets continue to remain oversold on the short-term charts as they seem to stay focused on the headlines out of Europe. Unfortunately, the news out of the Euro-zone is never good news. There are bank problems, an inability to agree on solutions, yields rising, sentiment crumbling, and just no good news from anywhere about anything significantMon, 28 Nov 2011 05:06:33 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-11-28.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-11-22.htmlHaving expectations when you look at where we're at fundamentally makes little to no sense whatsoever. What was the super committee really going to be able to come up with when you break it down? We have the entire euro zone ready to go under, and many brilliant minds have been unable to come with any good solution. Why would they be able to? The structural problems are so deep that sometimes you have to throw your hands up in the air and say I give up. There truly is nothing we can do. WeTue, 22 Nov 2011 05:49:18 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-11-22.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-11-21.htmlPoor Action For The Week....Daily Oscillators Unwinding....Europe On Watch... You try to find the silver lining in things as often as possible as long as you don't let it affect adversely when it comes to the truth of things. So the reality is the market isn't wonderful, but the oscillators on the daily charts are finding their way down without a ridiculous amount of price depreciation. Yes, the S&P 500 isn't great, and certainly the Nasdaq is lagging, but neither one is at deaths door.Mon, 21 Nov 2011 05:18:16 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-11-21.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-11-17.htmlToday spoke volumes about the type of market we're in right now. It's a market that can't break out, seems to be clear to all of us now. A market that has been moving laterally is more of what we're seeing, but with today's action, we may be ready for some much deeper downside action. Let me explain. I've been around for a long time, and today I saw the two highest prints of the put-call I've ever seen. 2.77 and 2.03. That's unheard of levels of pessimism which almost always leads toThu, 17 Nov 2011 04:54:59 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-11-17.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-11-15.htmlIt's painful mentally. We don't go anywhere. So many head fakes. There are many days, such as last Friday, that get you to thinking the breakout is upon us. There have been many days where you'd bet the house the bears are about to take over. Just think back to last Wednesday. No follow-through from either side of the coin. Both make headway, but neither can get the job done, and therefore, we continue to trade in a range with whipsaw the only word that really works to explain the marketsTue, 15 Nov 2011 05:56:26 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-11-15.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-11-14.htmlThings looked really hopeless this week once we got through the trading day on Wednesday. The Dow was down nearly 400 points that day when news overnight spiked their yields well over 7% to 7.50%. Anything over 7% is considered default. Unable to pay their bills. The bears were jumping up and down with delight as they seemed to have taken over the market from the bulls. Not many would have argued this to be a fact of stock market life. When you're down four hundred points on the Dow, and anMon, 14 Nov 2011 05:42:01 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-11-14.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-11-10.htmlWe all went to bed last night with the futures fairly flat, but when we woke up this morning, the futures were totally annihilated with the European markets crashing. Italy down over 7% as they saw their 2-year yield rise over the magic 7% mark, up .669 overnight. Once over 75, they believe that they can no longer pay their bills, folks. Default is the word of the day. Our futures went from flat to -290 on the Dow. While it improved slightly from time to time, we still gapped down over 200Thu, 10 Nov 2011 05:51:40 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-11-10.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-11-08.htmlI have been around for a long time. Too long in this business, but if there's one thing I have learned more than anything else, is that you don't want to be on the side of the masses. Sure, once in a long while they get it right, but most of the time they get it wrong. I'm not just talking about the masses being the traders of this game. I am talking about the traders, writers, interviewers, and so on. It has been a long time since I've heard such gloom and doom. Maybe that's what will happenTue, 08 Nov 2011 06:07:01 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-11-08.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-11-07.htmlHigh put-call readings day after day. Most folks are talking like the end of the world is here, thanks to Europe, and the inevitable fallout from defaults most guaranteed to come. People just hate stocks and the stock market. There are no good vibes running around. I don't think any of you are hearing much from the bullish side of things. If you are, you're pretty much alone, because I'm tuned in, and I don't hear a thing. People just don't feel good about things. That's sad, but it usuallyMon, 07 Nov 2011 05:45:59 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-11-07.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-11-03.htmlAnd what it heard it mostly liked. He talked about how our economy is not in all that bad shape. Not in very good shape, to be sure, but not so bad either. He talked at length about the headaches in Europe, and how those headaches could adversely affect all of us here. That was the troubling part of the speech, but he also said he has tools available to him should the worst case scenario take place in Europe in order to protect the United States from crashing into a recession. He didn't stateThu, 03 Nov 2011 06:04:05 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-11-03.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-11-01.htmlThat doesn't mean things have gone from good to bad all in one day for the bulls. In this type of market environment you have to be on your guard as things can change overnight. But that's not the case for the moment. Things did sell off decently today, but the Nasdaq wasn't all that bad, and from a points perspective, the Nasdaq has barely fallen off the top. I'm not saying today isn't some type of red flag as we closed not too far away from S&P 500 1260, the key level the bulls brokeTue, 01 Nov 2011 05:43:28 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-11-01.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-10-31.htmlEveryone who participates in the stock market knows this was a great week for the bulls as they accomplished something most thought impossible. That was to blow through S&P 500 1260, and to do it with strong internals, such as strong volume and a great advance-decline line. We got close to 1260 some days back and failed, but refused to fall to far below. After pulling back a few percent, the market tried again and succeeded in getting through 1260 S&P 500 this week, the level fromMon, 31 Oct 2011 05:53:58 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-10-31.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-10-27.htmlThere's nothing wrong with consolidation after a nice run up off the lows. Markets often rest when they get close to massive long-term resistance. The key to it all is how they consolidate, or not. If they just plunge lower, it's not the best action. If they hang around within a few percent of that massive breakout level, while things cool off on the oscillators, that's very good action overall. It appears, although no guarantee, that this is what's starting to set up for this market. TheThu, 27 Oct 2011 06:23:54 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-10-27.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-10-25.htmlAnd that's normal behavior. It rarely moves in the direction of the masses, especially for any extended time period. We have seen the masses get too bearish for quite some time now. It's approaching two months' worth of pessimism at extremes. The last five weeks have been off the charts. The market has exploded in those five weeks. Again, that's normal behavior. We came into today wondering if the market would be able to be up again as the weekend brought about lots of fear regarding Europe.Tue, 25 Oct 2011 05:52:14 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-10-25.htmlhttp://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-10-24.htmlI know it seems impossible for this market to keep going higher, and maybe it won't, but the S&P 500 is trying to break through its 200-day exponential moving average at 1234. It's ever so close to forcefully breaking through, and has yet to do so, but the overly bearish sentiment is taking hold for now, whether the market deserves to go higher or not. The bears don't want to see the market move higher from here, because the next level of resistance would be the triple bottom breakdownMon, 24 Oct 2011 05:22:55 GMThttp://www.fxstreet.com/technical/analysis-reports/info@advicetrade.com (SwingTradeOnline.com)http://www.fxstreet.com/technical/analysis-reports/weekend-analysis/2011-10-24.html