The biggest focus point this week is on the 4-hour squeeze printing on the S&P 500 (ES), as the ES traded lower toward the 4-hour Ichimoku Cloud and Point of Control (POC) near $4,619. For the rest of the week … Read more

  The market is extended ever since its reversal, rallying off the lows for about 37 days now with the S&P 500 (ES) up about 400+ points. The S&P 500 is trading above the 3+ average true range (ATR) which … Read more

  At this point the market is very extended with an overwhelmingly bullish trend.  For the first time since September, 2020, the S&P 500 (ES) is trading above the 3+ average true range (ATR) on a daily chart. While we’re … Read more