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Line in the SPY Sand

March 6, 2022

  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

Raging Chop Fest

March 4, 2022

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

Range-Bound Market

March 3, 2022

  Despite world and economic turmoil, the structure of the stock market has remained relatively unchanged. We’re anticipating the Nonfarm Payroll (NFP) report on Friday morning to see if that helps the bulls take back control. The market has struggled … Read more

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