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We’re waiting for Big 3 sell signals to appear on the S&P 500 (SPY) as it has a negative moving average crossover, with the daily 21 exponential moving average (EMA) below the 50 simple moving average (SMA). The Russel … Read more
The S&P 500 (SPY) gapped down below a key level of support at $390. Now, we’re looking for the market to take out the June and July lows. The Nasdaq (QQQ) took out the $290 level and is heading … Read more
This stacked week of catalysts isn’t over yet. There were multiple reports released this week including the Consumer Price Index (CPI) report on Tuesday, the Producer Price Index (PPI) report on Wednesday, and Initial Jobless claims on Thursday. Heading into … Read more
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