Tag: Psychology

SPX Market Prediction

S&P 500 Market Prediction Update 10-3-2017


I have updated the market prediction path for the S&P 500 after Warren Buffett exposed what’s going on with the trading psychology of the rich and powerful regarding Trump’s tax cut. You can read more about how the rich are trading Trump’s tax cut here. S&P 500 Market Prediction The prediction path is still sideways Read More »

No Institutional Selling Detected Last Week


No institutional selling was detected by the TICK chart last week. This is an important fact as it applies to your trading psychology. The TICK chart above is through the close of last Thursday and the big sell off on that day. Notice that the -167 at the close is consistent with normal retail trader Read More »

Positive Surprise Economic Data Raises Rate Hike Outlook By Year End


Last week was a big week for trader psychology with multiple economic reports showing the US economy was not in free fall. The Fed Funds Futures market is pricing in a 43.3% probability of a rate hike by December 14, 2016. Below is a quick breakdown of the better than expected economic reports last week. Read More »