We’re focusing on the S&P 500 (SPX) as that is what it’s all about right now. We’ll apply anything we cover on the SPX and apply it to the big names like AAPL, GOOGL, and AMZN.
The SPX flushed to the daily 200 simple moving average (SMA) and now the market is in a short squeeze heading into the weekend.
We’ll use the Big 3 indicator and Big 3 Heat Map to observe how the market went from bearish to neutral signals. This shows the path of least resistance is to the upside, or at least some progress for the bulls.
In the video above, we’ll use the DXY and HYG to correlate where the market might go next.
Stay Focused!
