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Trend, Structure, Momentum

August 22, 2021

  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

Up, Up, and Away?

August 20, 2021

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

50-Day SMA Again… Now What?

August 19, 2021

  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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