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Opening Look
Chart Rundown - 8/14/26
SPX Pennant Breakout The SPX finally poked through the small bullish pennant formation yesterday, which...
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Still Treading Water… for Now
Key Points With CPI coming in right in line with expectations, the S&P responded as we’d expect,...
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CPI, SPX and a lot more
Key Points SPX fell for the fourth time in the last five sessions, but once again, yesterday’s decline...
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A lot of movement... under the surface
Key Points The S&P fell for the third time in the last four sessions, although each decline has been...
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Week of 8/10/26
Key Points The S&P 500 comes off its best week since April, punctuated by the two gains of at least...
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Pre Jobs Digestion
Key Points The S&P 500 paused again ahead of this morning’s jobs report, following the powerful four-day...
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After the Spike
Key Points The SPX paused after the powerful four-day advance, slipping just 0.2% yesterday. Despite...
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SPX 7,680 Target hit... and then some
Key Points The SPX followed its strong start to August with an even larger 1.8% gain, building on Monday’s...
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New Month, New Bullish Pattern Breakout
Key Points The SPX kicked off August with a strong 1.5% gain, leaving the index up more than 4% since...
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Aug'26 Market Notes & a New Secular Setup
Roadmap – August’26The SPX saved its best for last in July, with a 1.7% face-ripping rally on the final...
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Chart Rundown - 7/31/26
Up Big, Negative Breadth Yesterday, the SPX posted its 89th gain of at least 1% since October 2023. Only...
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Post Fed Patterns
Key Points The Fed Day volatility we’ve become accustomed to did not disappoint yesterday, with...
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Streaking Breadth & FOMC
Key Points The S&P 500 logged its third straight modest gain on Tuesday as traders await the Fed...
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Pre-Fed Posturing
Key Points The S&P 500 posted its second straight tiny gain on Monday. However, after being up nearly...
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Week of 7/27/26
Key Points The SPX posted its second straight weekly decline last week, marking the first back-to-back...
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Earnings Volatility is Real
Key Points The S&P 500 logged its fifth decline and its second 1% loss in the last six sessions yesterday....
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Holding but Lacking Momentum
Key Points The S&P 500 closed lower for the fourth time in the last five sessions, unable to build...
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The Calm before the Storms
Key Points The SPX snapped back yesterday, avoiding what would have been its third straight decline and...
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Looking for an Edge
Key Points The SPX logged its third straight decline yesterday, its longest losing streak since the five-session...
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Week of 7/20/26
Key Points The SPX endured its first 1% decline of July on Friday, capping off just its third down week...
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The Wishbone Market
Key Points The SPX logged its second-largest decline of July yesterday, albeit a modest 0.51%, pulling...
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Tops vs. Bottoms
Key Points The SPX logged its second straight 0.4% gain on Wednesday and its fourth advance in the last...
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Hovering Near the Highs
Key Points The SPX snapped back on Tuesday as the cooler-than-expected June CPI report gave traders reason...
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An Important Comparison
Key Points The SPX logged its largest decline of July yesterday, though it still sits within 2% of its...
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Week of 7/13/26
Key Points The SPX concluded the first full week of July with three gains in five trading sessions and...
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Chart Rundown - 7/10/26
SPX – 3 Bullish Patterns After yesterday’s strong advance, the SPX now has formed another...
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Consolidating Near the Highs
Key Points The SPX fought back from a decidedly weak morning, pivoted just before noon, and filled the...
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The Reaction
Key Points The SPX failed to hold a strong open on Tuesday, fought back for a few hours, and then finished...
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A New Round of Bullish Patterns
Key Points The S&P 500 notched its fourth gain in the last five trading sessions on Monday and, as...
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Week of 7/6/26
Key Points The SPX ended a spirited holiday-shortened week with the tiniest of gains on Thursday, but...
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Week of 6/29/26
Key PointsThe SPX endured its fifth straight decline on Friday, albeit by just 0.05%....
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Long Losing Streaks and New 52-wk Highs
Key Points The SPX endured its fourth straight decline yesterday, albeit by just 0.01%, as June’s...
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Battling Near the Highs
Key Points The SPX endured its third straight decline on Wednesday, tying its longest losing streak since...
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The SPX’s Two (very different) Live Patterns
Key Points The SPX endured its fourth 1% loss of June yesterday, unable to withstand the AI/semiconductor...
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Week of 6/22/26
Key Points The SPX snapped back from last week’s post-FOMC decline and closed in the upper half...
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Chart Rundown - 6/18/26
Fed-day price action The first Warsh-led trading session was erratic, but that’s expected on just about...
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FOMC Day plus NDX vs. NDXE
Key Points The SPX comes into FOMC Day after snapping its winning streak at three sessions with yesterday’s...
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The Snapback
Key Points The SPX logged its second gain of at least 1.7% in the last three days on Monday and now has...
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Week of 6/15/26
Key Points The SPX averted two straight weekly losses by snapping back 65 basis points last week. While...
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June’s First Big Gain
Key Points The SPX snapped its drought of no 1% gains in emphatic fashion with yesterday’s 1.75%...
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Pattern Battle
Key Points The SPX logged its second 1% decline of June yesterday following the CPI report, with another...
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Two-Way Volatility is Here
Key Points Large-cap Technology continues to drive the SPX, which was a major tailwind on the way up....
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Looking for a Better Effort
Key Points The SPX snapped back on Monday, but in unimpressive fashion, fading by late morning and finishing...
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Week of 6/8/26
Key Points As we all know by now, the SPX endured its biggest decline since October 2025 on Friday. Let’s...
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Rotation Signs – Breadth and Bullish patterns
Key Points The SPX snapped back from an early decline on Thursday and rallied into the close, preventing...
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Winning Streak Over… What about the Uptrend?
Key Points The SPX’s nine-day winning streak was snapped on Wednesday, with the index logging its...
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Bullish Patterns beyond the SPX
Key Points The SPX extended its winning streak to nine, albeit just barely. This time, breadth was positive,...
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Dueling SPX Streaks
Key Points The SPX logged its eighth straight gain yesterday, but another streak may be just as important:...
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Market Notes & a New Secular Setup
The SPX couldn’t match April’s 10% surge in May, but it did the next best thing — follow it with a 5%...
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Chart Rundown
SPX – Knocking on the door of 9 straight weekly gains As noted by Bluekurtic: “Safe to say that...
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How a Strong Uptrend is REALLY Formed
Key Points The SPX scratched its way to a tiny gain on Wednesday, but it was enough to log a fifth straight...
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Many ETFs Making New Highs
Key Points The SPX made another new high on Tuesday, sold off, but then held the majority of its gains....
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Week of 5/26/26
Key Points The SPX tacked on its third straight gain Friday and notched its eighth consecutive weekly...
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Trading Boxes Will Matter Again
Key Points The SPX logged its second straight gain, which comes after three losses as the recent back...
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The SPX’s Latest 1% Gain
Key Points The SPX logged its first 1% gain in eight days yesterday, snapping a modest three-day losing...
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Week of 5/18/26
Key Points The SPX hung on just enough to notch its 7th straight weekly gain last week, but Friday’s...
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Chart Rundown
SPX – Overbought for 8 Straight days This is pretty rare, with the last occurrence (of eight or more)...
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Repeat: Tech leads on tepid breadth
Key Points The SPX followed through after Tuesday’s reversal and notched a fresh record, led by Tech....
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Dip Buying
Key Points The SPX failed to extend its two-day winning streak, but the midday turnaround prevented its...
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ETFs that have NOT Broken Out Yet
Key Points The SPX made another fresh all-time high on Monday, though it marked the smallest advance...
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Week of 5/11/26
Key Points The SPX tacked on its sixth straight weekly gain last week and hit yet another milestone,...
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Only 10 times since 1970
Key Points The SPX gained 1.5% yesterday, made yet another new all-time high, and moved closer to both...
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Semis Chart Rundown
Key Points The SPX snapped back on Tuesday, with the 80-bps gain allowing it to notch yet another new...
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Treading Water
Key Points The SPX started the first full week of May in negative territory, albeit it was another innocuous...
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Week of 5/4/26
Key Points The SPX wrapped up an extremely busy week of macro and micro data with a modest gain on Friday,...
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Market Notes & Chart Trades Update
April ’26 was historic, plain and simple… and just think if we included the 3/31/26 2.9% advance in the...
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No April Showers After All
Key Points The Fed Day had one of the least volatile reactions in recent memory, with yesterday’s price...
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MAGS – Make or Break
Key Points The SPX endured its second biggest decline since March 27th on Tuesday, pulling back from...
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The Calm Between Storms
Key Points The SPX logged its smallest gain since April 7th yesterday, with the index advancing just...
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Week of 4/27/26
Key Points The SPX comes into the busiest week of earnings season yet – with some of the biggest...
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Chart Rundown
SPX – The next phase The SPX just hit overbought for the first time since September and remains in a...
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The Most 1% Gains in 12 Months
Key Points The SPX logged its fifth 1% gain of April yesterday, snapping a modest losing streak at two...
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SPX Dips, Bitcoin Extends Breakout
Key Points The S&P 500 logged its biggest single-day decline since March 27th yesterday, dropping...
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Melting Up
Key Points The SPX endured just its second loss in the last 14 trading sessions, but like the prior one...
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Week of 4/20/26
Key Points The S&P 500 logged its third straight weekly gain, with last week adding 4.5%. This also...
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Looking for Higher Lows
Key Points The S&P 500 logged its 11th gain in the last 13 trading sessions yesterday and closed...
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Slingshot to New Highs
Key Points The S&P 500 logged its 10th gain in the last 11 trading sessions yesterday and closed...
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SPX Hits First Upside Target of 2026
Key Points The SPX followed up Monday’s 1% advance with a 1% gain on Tuesday, allowing it to achieve...
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The Next Move
Key Points The SPX logged its second gain of at least 1% in April and its third since March 31, with...
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Week of 4/13/26
Key Points The SPX notched its second straight weekly advance last week, which unfolded after the five-week...
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A Familiar Setup
Key Points Despite finishing off its highs yesterday, the SPX was able to log its second straight advance...
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April & Q2’26
Despite yesterday’s strong finish to March, the S&P 500 snapped its three-quarter winning streak,...
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March Roaring into Month-End
Key Points The SPX avoided another big down day yesterday, but the early 1% gain was quickly erased....
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Week of 3/30/26
Key Points The SPX began last week with a 1% gain and three straight days of positive breadth. Yet the...
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The Most 1% Declines in a Year
Key Points The SPX endured its fifth 1% decline of March on Thursday, finishing at its intraday lows...
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Momentum Still Dragging
Key Points The SPX bounced back on Wednesday but again failed to close above its intraday midpoint. The...
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Tracking Early Bullish Signals
Key Points The SPX couldn’t extend upon Monday’s snap back, losing 37 basis points on Tuesday, but it...
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Big Moves Aren’t Going Away
Key Points The SPX held the 1% gain yesterday but finished off its highs and slightly below its midpoint....
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Week of 3/23/26
Key Points The SPX comes into the last full week of March with three straight losses and now is down...
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Downside Target Hit... and a Lot More
Key Points The SPX avoided its second straight 1% loss on Thursday by staging a strong intraday rally,...
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The Lowest RSI on Fed Day in a Year
Key Points The SPX comes into the second Fed Day with two straight gains. We haven’t seen more than two...
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March Madness
Key Points The S&P 500 ended last week with a four-day losing streak. It is now also down three straight...
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Bulls Searching for a REAL Response
Key Points The S&P is coming off its third straight decline and its second 1% loss in the last five...
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Teetering... again
Key Points The S&P 500 logged a second straight small decline on Wednesday, just barely slipping...
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From 111 to 1 new 52-wk highs
Key Points The S&P 500 logged a small loss after one of the largest intraday reversals in recent...
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After the Reversal
Key Points The epic March price action continued on Monday, highlighted by one of the largest intraday...
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Week of 3/9/2026
Key Points The S&P 500 recorded a second straight loss to conclude the week last Friday. Once again,...
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Weight of the Evidence
Key Points Are you getting tired of everyone proclaiming that the market is in a trading range? So am...
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Can the Growth Bounce Last?
Key Points The S&P 500 bounced back on Wednesday, and this time logged a respectable gain of nearly...
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Dip Buyers are still… Buying
Key Points The S&P 500 logged its third decline in the last four days on Tuesday, despite the index...
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Patterns Being Tested
Key PointsThe S&P 500 fell sharply early yesterday before recovering to close unchanged on the day...
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Trading Box Lessons
The SPX’s second straight gain yesterday was also its best advance since 2/6. Together, yesterday and...
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Still Kicking
Key Points The S&P 500 bounced back from the latest 1% decline by logging its largest advance in...
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The Suddenly Volatile Trading Range
Key Points The S&P 500 logged its third 1% decline of February yesterday, finishing near its intraday...
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How Long can RSP Outperform SPX?
Key Points The S&P 500 finished the week with a 1% advance, ending the two-week losing streak and...
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SPX Testing a Key Weekly Moving Average
Key Points The S&P 500 broke its modest three-day winning streak on Thursday with a 30-basis-point...
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Sideways Index, Active Market
Key Points The S&P 500 tacked on its third straight gain on Wednesday but once again could not...
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NASDAQ & Rates
Key Points The SPX stopped the bleeding last Friday, but the early buying effort lost steam, fading in...
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Danger Zone
Key Points The S&P 500 logged its second 1% decline in the last week on Thursday, and its third in...
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SPX stalls but > 100 stocks make new highs
Key Points The SPX logged its second 0.00% move of 2026 on Wednesday, fading after an initial strong...
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Wild Looking Charts
Key Points With the focus on non-farm payrolls this morning, there are several eye-opening charts from...
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Diverging Divergences
Key Points The SPX tacked on a second straight gain yesterday, following through on Friday’s epic snapback....
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Week of 2/9/26
Key Points The SPX snapped back on Friday with its biggest advance since 5/12/25 (+3.3%) — the day the...
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The Catch Down
Key Points The SPX finally gave in to the Tech swoon for a full session on Thursday, falling 1.2% and...
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100 New 52-week Highs
Key Points The SPX fell for the second straight session on Wednesday, again pulled lower by big Tech,...
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