Last week was full of earnings reports, economic events, and statements by the Federal Reserve.  This week, the main economic event we’re focusing on is the Consumer Price Index (CPI) report released on Wednesday morning. This report will tell … Read more

  After the Federal Reserve statement on Wednesday, the S&P 500 (SPX) short squeezed up to its 21 exponential moving average (EMA). On Thursday, the market flushed and wiped out the entire move. In hindsight, this would have been a … Read more

  The big question heading into next week is whether or not we get a shortable bounce. The weekly and 3-day squeezes in the S&P 500 (SPX) continue to look poised for more downside, as they haven’t even fired short … Read more