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Saturday Review’s recording (for 5/30/15)… Still clinging. – If, Then… Market Timing

Saturday Review’s recording (for 5/30/15)… Still clinging.

By Rod David | May 30, 2015 - 11:44 am

Last week”s dips had steeper trajectories than its rallies. And its rallies all failed upon probing the same resistance (2118).

Meanwhile, Friday”s intraday dips repeatedly stopped optimistically short of prior lows. At least an obligatory probe lower has become likely. To where, and how will we know that probe lower is being avoided? And what are the bigger picture consequences either way — what takes new highs off the table, and what if new highs are probed before Friday”s Employment Situation report?

This weekend”s Saturday Review discussed those topics, and more. There were great questions, and a review of AAPL and the long-bond charts.

View the meeting here: MP4 recording

Posted in S&P, Saturday Review