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The Following is an excerpt from a FindLeadingStocks.com Intra-Week Update Market In Early Stages of Forming A Large Top; Still Needs To Be Confirmed The Market Is Getting Weaker, Not Stronger… The market is in the early stages of forming a large topping pattern. The top needs to be confirmed by more than one major…

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ENTER YOUR EMAIL & GET POWERFUL IDEAS & MARKET INSIGHTS DELIVERED DIRECTLY TO YOUR INBOX Here is an interesting article which analyzes how the SPY performs after it consolidates in a tight (under 2%) trading range for more than 20 sessions: Summary: ( 92% ) times $SPY closed higher over the next 5 trading day at some…

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Join Our Free Newsletter & Get Powerful Ideas Delivered To Your Inbox Coutesty of WSJ By Josh Mitchell and Jeffrey Sparshott The U.S. government shutdown will halt releases of most official gauges of the economy. Private organizations produce some measures that could be used to track the economy, such as gauges from the Institute for Supply…

I can’t help but notice that S&P 500 Futures (ESM4) are up 8 consecutive weeks in a row and up 11 straight days. Over the next 48hrs, the market will digest two important data points (ECB & Jobs Report). Clearly, in the short term we are extended to the upside and a light volume pullback…