by BonTrade | Dec 12, 2016 | Weekly Approach
Last weeks rapid advance through the 2200 level-confirmed that the heavy accumulations under the 2200 level-the previous few weeks would lead to an inevitable rally-since most Dow stocks and S&P 500 stocks have not yet displayed the distribution tendencies to...
by BonTrade | Dec 5, 2016 | Weekly Approach
Had insiders wanted to, they could have easily opened stocks much lower this morning on the “Italian Referendum Vote”. Like the Brexit, it could easily afford an alibi to force investors and traders to sell and they to acquire new stock and contracts, but...
by BonTrade | Nov 28, 2016 | Weekly Approach
In a holiday shortened week, insiders were able to sneak prices higher on light volume, until we see heavier volume PA on advancing prices, the market should continue higher in the coming weeks. Daily PA will dictate as we move forward to the end of the year. Very...
by BonTrade | Nov 21, 2016 | Weekly Approach
Since the extreme market action of the election night and following two days the markets have settled down with less volatility and greatly reduced volume – It is a conflicting picture and it seems with the events going on, it will most likely remain so for the...
by BonTrade | Nov 7, 2016 | Weekly Approach
Last weeks action – and mainly on Tuesday- was in preparation for the upcoming election with the accumulations and distributions, and the PA for the rest of the week- Since there was a negative announcement that sent prices plunging- it only made sense that...
by BonTrade | Oct 31, 2016 | Weekly Approach
On both Monday and Tuesday last week, the ES tried to break the 2150 level and failed. The big market was over 2150 both days though. The market basically declined all week in the same narrow range it has been in since September 9. The “surprise”...