Is the pain over? Are stock markets about to stop bleeding and reverse? In this Market Moment, I will analyze the technicals to give you an answer. In my…
SPY
Our major technical support levels were taken out on US stock markets last week. This week we watch for continuation lower, or a reversal to confirm a false breakdown….
Earlier this week, I published an article explaining the current market sell off. Investors are waking up to the stark realization that inflation is not transitory and will magically…
A major bear technical indicator has been invalidated, or neutralized, on the weekly stock market charts. This is known as a false breakdown, or a fake out. Some are…
After yesterday’s ‘supernatural’ price action, stock markets are back under pressure. A very big date tomorrow with the Federal Reserve Interest Rate Decision. Currently, Fed Fund futures are not…
A huge week for US Stock Markets before we end 2021. I say US Markets, but Stock Markets worldwide are moving together right now. Downwards and in the red….
US and Global Stock Markets are under pressure! A wild day yesterday. Markets initially recovered all the Omicron variant fear drop. Things looked good until news came out that…
The fear trade is back. Travel restrictions are back. Possible lockdowns can come next. Or at least, that’s what the Market is pricing in. A new Covid variant has…
It seems like I say this every few days, but if you follow financial markets, you probably heard that US stock markets made new record highs last week. Some…
Last week I highlighted the S&P 500 chart, in the aptly named piece titled, “Is the Stock Market About to Crash?“. Members of the Equity Guru Discord Channel were…