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Key Points: 1- Yesterday marked the SPX’s eighth close below its intra-day mid-point in the last 10 trading...
Read MoreTopics Covered: Market -1% moves -Clusters of big days -Live Patterns -Potential Patterns -AVWAP ...
Read MoreKey Points: 1- Seasonality: On average, the DJIA has sold off soon after the month’s second half has...
Read MoreKey Points: 1- Rotation continued to be the dominant theme, and this has resulted in eight straight days...
Read MoreKey Points: -Among other stats, here’s this: IWM’s 14-day RSI now is at 80. The indicator only has...
Read MoreKey Points: 1- From the April low to yesterday’s intra-day high, the SPX has gained +14.6% over 58 trading...
Read MoreKey Points: 1- Six S&P 500 sectors gained at least 2% last week, which prompted the index’s advance-decline...
Read MoreKey Points: 1-The S&P 500 now has had positive breadth for eight straight sessions on days in which...
Read MoreKey Points: 1- Yesterday’s 1% gain ended the 22-trading day drought without one. That was the longest...
Read MoreKey Points: 1- The SPX now is up six days in a row. Since the October’23 low point, this now is the index’s...
Read MoreKey Points: 1- The SPX hit its eighth bullish pattern last week at 5,555. We’re left with one live...
Read MoreKey Points: 1- The SPX finished about 80 bps shy of achieving the latest bullish pennant objective of...
Read MoreKey Points: 1- The SPX’s last 1% advance occurred on 6/5, which was 17 days ago. This now is the longest...
Read MoreKey Points: 1- The SPX is set to log its seventh monthly gain in the last eight as June concludes. It...
Read MoreKey Points: 1- So far in June, the SPX has logged just a single 1% advance (6/5) and zero 1% declines....
Read MoreKey Points: 1- We’ve seen the same kind of mini pattern play out throughout June for the SPX: A big...
Read MoreKey Points: 1- As late as 3:00 on Monday, 80% of the SPX’s stocks were up. The late selloff knocked...
Read MoreKey Points: 1- The SPX now is up 8/9 weeks and is testing the upper lines of TWO upward sloping channels....
Read MoreKey Points: 1- The SPX hit our latest target of 5,495 yesterday, making it the seventh successful bullish...
Read MoreTopics Covered: Market -Patterns -AVWAP Daily Stats -Daily price action -Index breadth -Sector performance...
Read MoreKey Points: 1- The XLK Tech ETF ended yesterday with a 14-day RSI reading of 80, the highest since 9/1/20. ...
Read MoreKey Points: 1- The SPX now is getting close to testing the upper lines of two weekly trading channels....
Read MoreKey Points: 1- The CNN Business Fear & Greed Index hit the Fear Zone yesterday as the SPX made a...
Read MoreKey Points: 1- With Wednesday’s opening gap and hold, the latest pattern breakout was confirmed. The...
Read MoreKey Points: 1- The SPX sits at a new-all time high with a 14-day RSI of 67 ahead of today’s trading session....
Read MoreKey Points: 1- The SPX now has spent five weeks above each of the key weekly moving averages – the shortest...
Read MoreTopics Covered: Daily Stats -Daily price action -Index breadth -Sector performance -Best & worst...
Read MoreKey Points: 1- The SPX now is up four straight days, which is the NINTH winning streak of at least four...
Read MoreKey Points: 1- So far, things have played out in the short-term work as we’d expect after the last snapback. ...
Read MoreKey Points: 1- The SPX hasn’t had a losing streak longer than two days since the six-day downturn from...
Read MoreKey Points: 1- Before yesterday, the last time the XLK lost 2% was on 4/30/24. The SPX had 11% advancing...
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