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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
Though the markets are (very) extended to the upside, our thought process is that this uptrend will continue into December and early 2022. While we know there will likely be a handful of pullbacks over the next three to four … Read more
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