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The market is playing ping pong between two important levels that will determine the path of least resistance. The market needs to hold the hourly 200 simple moving average (SMA) in order to stay afloat. Things will get ugly … Read more
As discussed on Monday, this week was all about the Fed (FOMC) event on Wednesday. On Friday, the last event for the week is Non-Farm Payroll. After the FOMC event, the S&P 500 (/ES) reacted negatively to Jerome Powell’s comments … Read more
Happy Halloween, everyone! Get ready for a spooky week ahead. There are a few note-worthy earnings reports this week, all reporting after the market close. On Tuesday, Advanced Micro Devices (AMD) reports; Wednesday, Roku (ROKU) and Qualcomm (QCOM), followed by … Read more
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