Only Weakness – Intraday Chart Analysis – The Midday – Oct 29 2015

For FullyInformed Members here is the intraday chart analysis to 1:00 PM on Oct 29 2015.

The market is facing a serious overbought condition and was hit by the triple whammy this morning of lower than expected GDP, the Weekly Initial Unemployment Insurance Claims that point to levels we have not seen since the 1970′s and a second straight month of declining pending home sales.

Today’s midday outlook includes trade ideas, market direction portolio updates and a look at both the US and Canada stock markets…………This intraday chart analysis and trades discussion article is for FullyInformed Members.

Intraday Chart Analysis – Midday – Oct 29 2015

FullyInformed Members can read the latest midday intraday chart analysis directly through this link or they can sign in to the full site here. Non-members can join here or read about the benefits of a membership.

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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.

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