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

After a few new highs and a lot of back and forth action this week, the markets showed some potential signs (see charts below) of setting up for a pullback to the daily 21 exponential moving average (EMA).     … Read more

  The markets have been running up, and as we’ve been sitting at all-time highs (ATH) it’s finally time for a pullback. Any time we approach the 2 to 3 average true range (ATR) Keltner Channel band, take this as … Read more