The S&P 500 (SPX) put in a new low at $3,810 and bounced into the close on Friday. Now the question becomes if we can get a bounce to the 21 exponential moving average (EMA).  The SPX is trading … Read more

As of today’s close, many of the bearish weekly squeezes we discussed last week have officially fired short. This adds to the list of reasons we’re looking for a continuation lower. Remember, the rule-of-thumb with a squeeze is once it … Read more

  It’s been a volatile and exciting trading week due to options expiration (OPEX).  This week’s price action captures what we can expect during OPEX and volatile times. The market has seen chops, pops, and a big drop. After the … Read more