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SPX and QQQ Approaching Major Levels

October 9, 2023

The S&P 500 (SPX) is trading near the 21 exponential moving average (EMA). This could be a major line of resistance or this could be the spot where SPX pushes toward $4,400. If the Nasdaq (QQQ) can push through the … Read more

Can Structure Hold?

October 6, 2023

In the last few weeks, the market hasn’t provided signs of an uptrend on the 15-minute chart and has failed most of its backtests. This week the market finally broke above Thursday’s high on Friday. The key to next week … Read more

Momentum Heading Lower

October 2, 2023

The market’s overall structure is still bearish, with no signs of a short squeeze firing. The Big 3 Squeeze also shows bearish signals on the daily, 4-hour, and 30-minute charts. If the S&P 500 (SPX) can’t hold support at the … Read more

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