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November 8 2019 The breakout continues as the SPX made another new all time high and weekly closing this high finishing up 26 for the week and closing at 3093. SPX opened the week with a gap open to 3050 on Monday and closed at 3068 on the day. Another gap to 3080 occurred on […]
November 1 2019 It was an excellent week in the equity world this Fed week. Looking at US markets we see the SPX, Nasdaq, COMPQ, and Dow Jones 30 all breaking out of multiple 1,2 setups to new highs. Looking at Europe we see similar set ups (though not necessarily the same OEW count) in […]
Weekend Report Provided by the OEW Group October 26 2019 SPX opened the week up and rallied to reach 3007 by Monday’s close. Last weeks close was 2986. Tuesday gapped higher and rallied to 3015 by early afternoon, then declined to finish as an outside day down at 2995. Wednesday opened lower and made the […]
October 19 2019 Thanks goes to the OEW group for this report. SPX opened the week flat, and moved up through Thursday making a high for the week at 3008 in the SPX cash before 10AM CST. The open on Friday at 3000 marked the high for the day with a low of 2976 made […]
Weekend Report Provided by the OEW Group October 12 2019 SPX opened the week down, but rallied higher to reach 2960 in the afternoon, before closing Monday back down at 2938. Last weeks close was 2952. Tuesday opened with a large gap down and declined to reach 2897 by noon, then rallied up to 2925 […]