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Heading into the short week we have a few catalysts. The Federal Open Market Committee (FOMC) event is happening on Wednesday at 2:00 pm Eastern, followed by a Nonfarm Payroll Job report on Friday. Be mindful of the FED … Read more
Happy Fourth of July, traders! The S&P 500 (/ES) is in a downtrend, and the weekly squeeze is firing short. The /ES is trading at -2 average true ranges (ATR) below the 21 exponential moving average (EMA). Now the … Read more
Heading into July, the question on all traders’ minds is whether or not the markets continue to roll over from here. We expect more downside, but is there potential for a “bear market rally” before the next big puke? For … Read more
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