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Flush in the Dollar?

November 3, 2023

The Dollar (DXY) is showing signs of a potential big flush lower. Momentum is back above the zero line, there is a daily squeeze, and price is below the daily 21 exponential moving average (EMA) and 50 simple moving average … Read more

Don’t Fight The Weekly Squeeze

October 30, 2023

The daily squeeze on the S&P 500 (SPX) fired short, and it is now approaching the 21 exponential moving average (EMA). The SPX on the lower timeframe charts and the daily chart are oversold. Remember, the market doesn’t have to … Read more

Support or Roll Over?

October 20, 2023

The S&P 500 (SPX) hit the 200 simple moving average (SMA) on Friday. The question from here is, will the market hold the 200 SMA, or will it continue lower? The Put/Call ratio shows many people buying puts, and we … Read more

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