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Category: Prepare for the Trading Week


05/21/2022

Market Update Into May 23rd: New Lows Abound

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 […]

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05/13/2022

Market Update Into May 16th: It’s Hammer Time

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 […]

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05/06/2022

Market Update Into May 9th – Broadening Formations Abound

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 […]

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04/29/2022

Market Update Into May 2nd – Markets On The Edge

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 […]

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04/22/2022

Market Update Into April 25th – Another Difficult Week For Bulls

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 […]

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04/14/2022

Market Update into April 18th – The Weakness Continues

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 […]

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04/08/2022

Market Update into April 11th – A Frustrating Week For Bulls And Bears

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 […]

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04/01/2022

Market Update Into April 4th – A Constructive Week For Bulls

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 […]

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03/25/2022

Market Update Into March 28th – Bulls Remain In Control

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 […]

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03/18/2022

Market Update Into March 21 – A Burst Of Strength

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 […]

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