Last week we saw nasty price action with the S&P 500 (ES) down 2% and the Nasdaq (NQ) down 3%, driving the overall market lower into the weekend. If we look at the put call ratio (PCALL), it is … Read more

After a two-year run of support, the market is signaling a shift. From top to bottom, trend, structure, and momentum in the markets continue to turn bearish. Here’s a look at what we’re seeing as the environment shifts…  MONTHLY CHARTS … Read more

  The market has been very vulnerable and weak as we’re trading in a “short-the-pop” type of environment. The last two weeks the market has sold off after negative comments from the Federal Reserve, as the S&P 500 (ES) hit … Read more