Daily Technical Strategy
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
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
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
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
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
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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