Newsletters

Two More SPX Targets Hit

Key Points The SPX got back to its uptrending ways on Thursday after Wednesday’s historically small decline,...

Bullish Patterns Continue to Build

Key Points According to Ryan Detrick of Carson Group, the S&P 500 logged its smallest decline in...

Two Straight 1% Gains

Key Points The SPX picked up right where it left off on Tuesday, logging its second straight 1% gain. ...

A New Upside Target

Key Points The S&P 500 ended its three-day losing streak in resounding fashion on Monday, gaining...

SPX, Crude Oil, USD & the VIX

Key Points Before this weekend’s events, SPX logged its third straight decline on Friday, which now is...

Week of 6/23/2025

Key Points Before this weekend’s events, SPX logged its third straight decline on Friday, which now is...

The Setup

Key Points The SPX continued the sell off yesterday that began late Monday morning, with the index ultimately...

Three Key SPX Charts

Key PointsThe SPX bounced back from Friday’s 1% decline with a near 1% gain on Monday.   As the 5-day...

Week of 6/16/25

Key Points The SPX logged its first 1% decline of June on Friday, which was enough to snap the index’s...

Key Levels

Key Points The SPX bounced back yesterday, preventing a downside follow through.  Today’s focus...

Now vs. the February Top

Key Points The SPX’s small moves continued on Wednesday, but the index couldn’t hold the early CPI-induced...

Grinding Higher

Key Points After last Thursday’s fireworks, the SPX has gotten back to its staircase-like advance the...

Two Key Breadth Indicators

Key Points The final stats were bullish yesterday – The SPX logged its second straight gain, closed above...

6/9/25 - Weekly Charts

Bullish Patterns Continue

Key Points The SPX logged its first 1% gain of June to conclude a strong weekly showing. It was the second...

Week of 6/9/25

Key Points The SPX logged its first 1% gain of June to conclude a strong weekly showing. It was the second...

A Few Fireworks

Key Points Notwithstanding the entertaining social media fireworks yesterday, the SPX managed to hold...

Complacency

Key Points The SPX’s winning streak extended to five yesterday with a whopping one basis point advance. ...

Small Moves Continue to Help

Key Points The two-day chart below says it all – there’s been an underlying bid since 10:30 Monday morning,...

Constructive Digestion

Key Points The SPX responded well to early weakness yesterday, pivoted at 10:00 and rode a persistent...

June’25

SPX – Key May Stats -6.2% monthly gain   -Up 13/21 trading days -Negative breadth 12/21 trading days...

After the May Follow Through

Key Points The SPX snapped back on Thursday after Wednesday’s sub-par performance.  It wasn’t a great...

5/29/25 - SPX, SIL, USO & NVDA

SPX, SIL, USO & NVDA

Key Points The SPX failed to follow through on Tuesday’s 1.4% gain, spending the first three hours and...

Gap & Extend

Key Points Tuesday’s trading session couldn’t have gone much better for the bulls – as the early positive...

Comparing the Dips

Key Points Friday and last week’s performance in a nutshell:   🔴 4th straight decline🔴 4th straight negative...

Week of 5/27/25

Key Points Friday and last week’s performance in a nutshell: 🔴 4th straight decline🔴 4th straight negative...

5/23/25 - Friday Fireworks

Friday Fireworks

Intra-Day The response to the SPX’s first 1% decline in a month was a non-event yesterday.  When this...

Gut Check

Intra-Day Yesterday’s weak bond auction ended up being the catalyst – or the latest “known unknown” –...

MACD Hits Highest Level Ever

Intra-Day The SPX’s latest winning streak ended yesterday, but it wasn’t exactly shattered, with the...

SPX Overbought & Bullish Patterns Under the Surface

Intra-Day Despite the down open and fret over the Moody’s downgrade, the SPX’s recent trends continued...

Week of 5/19/25

Intra-Day Friday For the fifth straight session, the SPX logged a gain and closed near its highs on Friday....

Streaks & Bullish Patterns

Key Points The SPX rallied back from early weakness to log its fourth straight advance on Thursday —...

After the Next Pause

Intra-Day While yesterday’s price action was a lot quieter than Monday’s, the intra-day path was similar...

After the Gap

Intra-Day The intra-day chart says it all — Monday was a classic gap, hold, and extend session. The only...