BullBear Trading: Stock and Financial Market Technical Analysis

The BullBear Market Report *Special Report*

Today's intraday reversal in the equities markets follows a pattern that has been established of late of selling into rallies. Key support levels have been broken to the downside and without a late day recovery a close below those levels will likely usher in a significant pullback.

The dollar has also broken out of its descending wedge pattern. I was observing that the dollar was not selling off on the significant early strength in equities and was instead starting to push higher. I think the dollar is beginning a rally that will surprise many.

I generally deliver my semi-monthly "BullBear Market Report" as a written blog entry. This month, due to a time crunch and the desire to experiment, I have prepared it as a vide presentation. This was produced on Sunday night and the analysis in it seems to be playing out in the markets now.

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Your comments are welcome.


Listen to and watch The BullBear Market Report every Monday and Thursday after the New York closing bell.

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