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After an anticipated drop and quick pop this week, now it’s time to observe what is setting up next. Whenever we approach the 2 to 3 average true range (ATR) bands, we can expect a pullback. Every downside move … Read more
We are finally seeing that much needed pullback that we’ve been patiently waiting for! We’re nearing the 2-3 average true range (ATR) Keltner Channel bands, which signals that the market is extended and close to a healthy pullback. That … Read more
The S&P 500 (SPY) and Nasdaq (QQQ) futures closed under their daily 8 exponential moving average (EMA) last week. This sets us up to see a potential flush down to the 21 EMA. If we revert to the mean … Read more
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