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The market tends to drift toward the downside after any big spike in volatility like what we saw on Monday last week. If and when the volatility index (VIX) dies down, the market will typically bounce right back. With … Read more
After a short-lived spike in volatility earlier in the week, the markets are entering the weekend with regained support above the 21 exponential moving average (EMA) and therefore the trend, momentum, and structure continues to be bullish in our book. … Read more
We started the week with a big drop on Monday followed by a massive reversal to new all-time highs. After the pop in the S&P 500 (ES), the market and other major indices have moved lower. Federal Reserve Chairman … Read more
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