The S&P 500 (/ES) finally broke down the major zones we have been covering, causing the 4-hour squeeze to fire down.  After a break last week, the market is starting to look vulnerable again. If the ES stays under … Read more

  The S&P 500 (SPY) is still printing a bearish weekly squeeze and was rejected at the daily 21 exponential moving average (EMA) on Friday. For this weekly squeeze to fire short, the daily chart will need to break below … Read more

While the bigger picture of the indexes continues to look bearish, this week was mostly a chop fest with some violent back and forth action in a wide range. When will the market break free of this raging chop fest? … Read more