Category: Prepare for the Trading Week

Another week has come and gone and we find ourselves making new lows in two out of the three major indices. Though it seemed as though the markets were beginning to stabilize early in the week, those hopes were swiftly […]

Another intense week in the markets has come to an end and we find ourselves at key levels across the major indicies. Though we are far from ‘out of the woods’, we do appear to be at logical levels for […]

The market continued its slide this week as all the major indices put in fresh new lows. It’s hard to be bullish in these conditions, but a glimmer of hope lies in the fact that many names are getting into […]

The last few months have been a whirlwind for both bulls and bears but it seems that now we’ve arrived at a major inflection point. With all the major indices closing out the month breaking down below pivotal levels of […]

This week concluded with immense selling pressure across all of the major indices. Thought there was a bit of strength on Tuesday and Wednesday, Thursday brought the cascade down and all the majors closed at or near their respective lows […]

As we suspected last week, the downward momentum continued across the markets this week. New relative lows were made in the $SPY and $QQQ, with a bright spot being found in the $IWM. There are some clear inverse head and […]

After the strength that was seen over the past few weeks, it’s no surprise to see the major indices stalling at key levels of resistance this week. When we look at the daily time frame, we see some potentially constructive […]

The week started out very strong, with all the major indices taking out their early February highs. After Tuesday, however, sellers gained control and the markets sold off into Friday. The selling was, however, on lower volume so it is […]

The strength continued in the markets this week, with price coming into some pivotal areas of previous resistance across the indices. With that in mind, next week’s price action could be very important to the continuation of the trend. Let’s […]

Though the past few weeks have been absolute nail biters for the bulls, the markets caught a new gust of strength this week. Across the major indicies, we are beginning to see signs of a trend change. Previous support zones […]