After relentless selling all week, the markets finally rallied on Friday, setting the stage for a short squeeze next week. The indices and many leading names reached deeply oversold levels on Thursday. While that is the moment in time … Read more

  The S&P 500 (/ES) continued to drop lower on Thursday. The /ES opened below the weekly Ichimoku Cloud for the first time since COVID in 2020. Although the market is extended to the downside, this doesn’t mean price will … Read more

  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