WEEKLY TECHNICAL COMMENTARY

In-depth Technical Analysis on the Equity, Forex, Int

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I'm continuing to look at the 20-day MA for the initial reaction in the SPX. I am also looking to see if it may possibly need the help of the 50-day MA, which will bring the market into a flat, neutral range. The latter is a threat to the rally. So...
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Scientists have estimated that the average human makes 50 to 60 thousand decisions everyday, whether they realize it or not. This includes conscious as well as subconscious thoughts. That makes decision making one of the most important things you do in...
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Hope everyone had a great Labor Day weekend.
We're still in a range, meaning, don't go crazy trying to predict direction and more importantly, betting heavily on what you believe will be the future direction of the market. I have no idea what will happen which is why I take things...
The SPX is back within the 990-1012ish neutral range. This is within a larger 980-1040 neutral range. I wouldn't suggest trading the indices in such a tight consolidation zone. Is it time to short? The easy way to answer this question is to break...
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