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06/14/2025 Weekend Update
06/14/2025 Weekend Update
Down 1 week, the next week has 59% chances to close up.
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Re: 06/14/2025 Weekend Update
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Re: 06/14/2025 Weekend Update
SPY daily
Big ups since April, now flat.
Failure at the top of the very wide trading range.
Eyes still on the all-time high.
Volume is a bit strong on Friday's down day.
The bias is up, but it will not stay there forever. It needs a breakout.
(Huge volume at the bottom in April, as sellers dry up, and buyers come in strong.)
Indicators I watch ...
The EMAs, 20, 50, and 100, are all up, and in the right order.
The ''Bollinger River'' is flat.
The MACD and STO are topped out and not helpful at this time.
What comes next? IMO the market is behaving almost rationally, especially in view of the chaotic tariff environment, and world instability.
Should the market go back to the high? IMO it is still over-priced, but the funds need to park their money somewhere. Should the market crash? Nah, I do not see euphoria, and ''Everybody in, you don't want to miss the boat.'' Ha ha.
Inflation? Economic slowdown? I think most of the lower income people just want to get through the next day, and the more well off have different kind of concerns, preservation of wealth, health, et cetera.
Big ups since April, now flat.
Failure at the top of the very wide trading range.
Eyes still on the all-time high.
Volume is a bit strong on Friday's down day.
The bias is up, but it will not stay there forever. It needs a breakout.
(Huge volume at the bottom in April, as sellers dry up, and buyers come in strong.)
Indicators I watch ...
The EMAs, 20, 50, and 100, are all up, and in the right order.
The ''Bollinger River'' is flat.
The MACD and STO are topped out and not helpful at this time.
What comes next? IMO the market is behaving almost rationally, especially in view of the chaotic tariff environment, and world instability.
Should the market go back to the high? IMO it is still over-priced, but the funds need to park their money somewhere. Should the market crash? Nah, I do not see euphoria, and ''Everybody in, you don't want to miss the boat.'' Ha ha.
Inflation? Economic slowdown? I think most of the lower income people just want to get through the next day, and the more well off have different kind of concerns, preservation of wealth, health, et cetera.
Charts posted are not recommendations. They are just a sharing of information.