The market is catching its breath this week. The bigger squeezes on my list are still fully intact, but the shorter-term charts on /NQ and /ES have gotten sloppy. I am being extra patient about adding new positions, and hanging … Read more

QQQ hit its extension today, and this is a very tech and chip heavy market. QQQ ranks at 98% on my Scorecard and the S&P 500 at 96%, while RSP sits at 14% and the Dow at 8%. Let’s take … Read more

The tape looked solid this morning. MU reported last night and was flat in the pre-market, and with that report behind us, QQQ, NVDA and MSFT all look breakout ready. That makes this a good week to show how I … Read more

The QQQ buy trigger I have been waiting on finally printed today, and the momentum shift came with it. What matters now is whether that trigger is still there on Friday’s close. If it holds, the setup lines up for … Read more

What I’m Seeing Today Markets are holding up pretty well today, with most of the strength in tech and healthcare. The larger timeframes are bullish. On the lower timeframes, I’m waiting for confirmation. I want to see 15-minute and hourly … Read more

This market is not balanced and the Scorecard says so plainly. Equal weight $RSP reads negative 9 while $SPY sits at a positive 92, $IWM is at negative 2 and the Dow is at negative 9. Sector rankings collectively come … Read more