How to Prepare for the Coming Crash and Preserve Your Wealth
by Susan Walker
As was widely reported in the dark days of late February and early March 2009, Robert Prechter called for the start of the biggest stock market rally since the 2007 high. Since then, the S&P has soared more than 60 percent in just six months to reach his target zone of 1000-1100. — Read More
BMO Commentary
Go through the Morning Checklist to see how the Markets are currently doing and what Economic Events may affect the Markets today.
0650.ET
World and US Markets are Up right now.
QQQQ/SPY are currently Trading at 44.20 / 111.65
QQQQ Resistance is at 44.14, then 44.50, then 44.68, then 44.92
QQQQ Support is at 43.80, then 43.61, then 43.40, then 43.17, then 42.8x, then 42.3x
Use these levels to look for turn Signals and Targets .. or the lack of them for continued follow-through.
I will be looking for follow-through this morning . . seeing how the Markets act at initial Resistance as a gauge for its Strength . . . still waiting for a Victor in the current Bull/Bear Battle at these key levels.
Be sure to check back here tonight for my Commentary on today’s action.
There are Big Economic Events out today starting at 0830.ET.
Precious Metals are Up and the US-Dollar is Up right now.
AMC Commentary
Please Login to read the rest of this content.