There’s one sector holding back the market and the strongest of sectors. It all comes down to AAPL and a weak technology sector (QQQ). The market is showing signs of progress, and charts are rebuilding on the S&P 500 … Read more

  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