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Last week the markets flushed after experiencing some selling pressure and volatility. Heading into a fresh week, we’re approaching the markets cautiously bullish. The S&P 500 (ES) dipped to the weekly 21 exponential moving average (EMA) for the first … Read more
Happy Friday, traders! With the markets extended to the upside over the last few weeks, we offered the advice to prepare ourselves for a sudden selloff. Sure enough, the selling pressure finally hit this week as the markets flushed to … Read more
Keep a tight focus on the daily Ichimoku Cloud. Every time this year, when we’ve seen the S&P 500 (ES) drop below the 50 simple moving average (SMA) it’s continued to bleed down to the daily Ichimoku Cloud for … Read more
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