Monthly Archives: March 2011

Retracement in the S&P 500

Beginning the week there was some nice downside action, continuing the break out from last week, but there was a rally to end the week.  The chart show us that the Thursday showed some heavy buying action, and though Friday … Continue reading

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Break for the Bears

The first three days provided more consolidation in the S&P with a double inside bar—someone had to give.  It turns out that the bears took over on a large down day Thursday making new lows on the week, and closing … Continue reading

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A Halt in the Action

All the way from Sydney Australia, I am finally adding my first entry to An Engineer’s Eye on foreign soil.  But let’s get right into it.  The market has finally slowed down, showing some consolidation and indecision for, really, the … Continue reading

Posted in Weekly Report | 1 Comment