January 2019 – JenkinsRM

Archive for January 2019

JRM Market Update for S&Ps and TSLA

In this update I’m going to touch on a few things I’m noticing about the S&P 500 and Tesla after examining some cycles. In the daily chart of the S&P 500 below I’ve marked the 8-day cycles that have been playing out recently.  There has been a very nice rhythm to them.  These cycles are…

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S&P 500 Update for 1/8/2019

Good morning traders.  I’m providing an update on the S&P 500 because there are several things going on that are worth pointing out. We’ve previously made the call that coming into the low (marked with white balloon above) the Monday before Christmas was a short covering opportunity for several reasons.  The market was very low…

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