Opening Look

Assessing the Cracks

Key Points Before bouncing yesterday, the S&P 500 was on track for its second-worst session since...

Why Breakouts Have Worked So Well

Key PointsThe combination of a tepid gain alongside strong supportive breadth continued on Wednesday,...

The Two Most Important Uptrend Traits

Key PointsThe combination of a tepid gain alongside strong supportive breadth continued on Wednesday,...

2/20/25 - Three Buys

For each buy idea, you’ll see: 1-the pattern in blue or green 2-target 3-the suggested stop in red  ...

Breakouts & 1% Moves

Key Points The SPX started the holiday-shortened week with a modest 24 bps gain, highlighted by a late-session...

SPX, the Dollar & META

SPX Weekly Track    Trading Channels Last week’s highlight was the SPX’s resilience in the...

Week of 2/18/25

SPX Weekly Track    Trading Channels Last week’s highlight was the SPX’s resilience in the face...

Friday Charts

Today, we’re focusing on the patterns. With the SPX closing above 6,100, the potential cup and handle...

Breakouts

Key Points The SPX logged its first 1% gain since 1/17 on Thursday, which was 17 trading days ago. That...

2/14/25 - 3 Buys

For each buy idea, you’ll see: 1-the pattern in blue or green 2-target 3-the suggested stop in red...

Respecting Support

Key Points The SPX wasted no time in snapping back from yesterday’s hot inflation numbers, with the index...

The Market Strength Indicator

Key Points By the slimmest of margins, the S&P 500 scratched out a tiny 3 bps gain on Tuesday.  Appropriately,...

Dissecting the Trading Range

Key Points The S&P 500 scratched and clawed its way to a 0.7% gain on Monday, which was the index’s...

Key Weekly Support Lines

Trading Channels Last week’s marginal decline pulled the SPX back toward the middle of its long-term...

Week of 2/10/25

SPX Weekly Track    Trading Channels Last week’s marginal decline pulled the SPX back toward the middle...

Stock Chart Rundown

Post-Earnings PLTR With this week’s huge reaction to earnings, PLTR’s 14-week RSI has shot back to 82,...

A Key Indicator

Key Points For the third straight day, the SPX opened lower, pivoted, rallied, and closed near its intraday...

Uptrend Traits

Key Points The SPX trended higher all day on Tuesday and closed near its highs on neutral volume. That...

Turnaround Mondays

Key Points The SPX – along with many risky assets – finished well off its lows yesterday, turning an...

Another Turnaround Monday

Key Points The SPX – along with many risky assets – finished well off its lows yesterday, turning an...

February'25

SPX – Key January Stats +2.7% monthly gain   -Up 12/20 trading days -Positive breadth 12/20 trading days...

Key Post Earnings Charts

META META was rallying before its earnings announcement this Wednesday and continued to rally yesterday...

Post Earnings Charts

META META was rallying before its earnings announcement this Wednesday and continued to rally yesterday...

Pick Your Favorite Pattern

Key Points It felt and looked like a FOMC day yesterday – even before 2:00 PM this time – and by 4:00,...

The Two Wild Days Before FOMC

Key Points The SPX snapped back from Monday’s 1.5% decline and just missed logging a 1% gain. Thus, the...

The Epic Breadth Shift

Key Points The SPX logged its third 1% loss of January on Monday, and at -1.46%, it was the worst showing...

Key Charts & Levels

  Key Points On Friday afternoon, seeing the SPX close at a new all-time weekly high and followed...

The Next Phase

Key Points The SPX leveraged the huge spike in the final 15 minutes yesterday to notch its fourth straight...

1/24/25 - Two Buys

For each buy idea, you’ll see: 1-the pattern in blue or green 2-target 3-the suggested stop in red...

Pausing at New All-Time Highs

Key Points The SPX logged its third straight gain on Wednesday, marginally (and briefly) making a new...

The Strong Breadth Streak

Key Point Yesterday marked the sixth straight day with at least two-thirds of the S&P 500’s holdings...

Extreme Positive Internals Continue

Key Point Yesterday marked the sixth straight day with at least two-thirds of the S&P 500’s holdings...

Another Weekly Reversal

SPX Weekly Track    Weekly Bullish Engulfing Pattern The SPX held on for its second 1% gain of the...

Week of 1/21/25

SPX Weekly Track    Weekly Bullish Engulfing Pattern The SPX held on for its second 1% gain of the...

Four Straight 70% SPX Breadth Days

Key Point The SPX notched its fourth consecutive trading session with at least 70% of its holdings advancing...

January 2025