Daily Technical Strategy
Mon, April 15, 2024 | 9:57PM ET

QQQ support violation postpones immediate rally

THE RECENT SELLOFF TOOK A TURN FOR THE WORSE WITH THE BREAK OF MULTI-WEEK LOWS IN QQQ, REPRESENTING THE WORST TWO-DAY SELLOFF SINCE OCTOBER 2023. ...

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Daily Technical Strategy
Fri, April 12, 2024 | 6:53PM ET

Financials nearing short-term support but selectivity remains key

THIS WEEK’S SELLOFF LOOKS TO BE NEARING IMPORTANT SUPPORT HEADING INTO NEXT WEEK WHICH SHOULD ALLOW FOR SOME STABILIZATION AND A SNAPBACK RALLY INTO LATE...

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Daily Technical Strategy
Thu, April 11, 2024 | 7:03PM ET

Technology rally can help QQQ start to outperform SPY

IN THE VERY SHORT-TERM, INSUFFICIENT STRENGTH HAS OCCURRED BASED ON THURSDAY’S RALLY TO SUGGEST AN IMMINENT MOVE BACK TO NEW HIGHS IS UPON US.  US...

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Daily Technical Strategy
Wed, April 10, 2024 | 6:46PM ET

Yield & US Dollar spike postpone snapback Equity rally, for now

IN THE VERY SHORT-TERM, THERE DOES LOOK TO BE A CHANCE FOR A BIT MORE TECHNICAL SELLING AS A RESULT OF WEDNESDAY’S DECLINE.  EQUITY INDEX...

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Daily Technical Strategy
Tue, April 9, 2024 | 6:53PM ET

AAPL selloff looks complete.  Expecting sharp rally back higher

I CONTINUE TO SEE THE US STOCK MARKET AS BEING ATTRACTIVE, TECHNICALLY SPEAKING, AND DO NOT FEEL SUFFICIENT RISK IS THERE TO WARRANT A SELLOFF...

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Daily Technical Strategy
Mon, April 8, 2024 | 7:45PM ET

CPI might prove to be the catalyst for Equities to break out to new highs

I CONTINUE TO SEE THE US STOCK MARKET AS BEING ATTRACTIVE, TECHNICALLY SPEAKING, AND DO NOT FEEL SUFFICIENT RISK IS THERE TO WARRANT A SELLOFF...

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