5.26.2022 Market Update
The market is puking on the short remarks from chairman Powell at #JacksonHole. We are looking for $SPY to hold 406.62 as a short term downside target. Below that we expect significant
Market Update
A collection of 12 posts
5.25.2022 Market Update
$SPY with a strong push into close heading into Jerome Powell's speech at Jackson Hole tomorrow. If the market likes what he has to say, expect the gap in the chart below to
2.25.2022 Market Update
> What a crazy few days on the market! After breaking down though the January low of 420.50 to around 411. $SPY [https://twitter.com/search?q=%24SPY&src=ctag&ref_src=twsrc%
2.23.22 Market Update
> The downtrend in $SPY [https://twitter.com/search?q=%24SPY&src=ctag&ref_src=twsrc%5Etfw] continues, breaking though multiple supports leaving bulls with the January low (around 420.50) as the last
2.18.22 Market Update
> $SPY [https://twitter.com/search?q=%24SPY&src=ctag&ref_src=twsrc%5Etfw] spent the day in our downside target range of 435-430. With the continued on certainly with the Ukraine situation and
2.17.22
> Another ugly day on the market surrounding uncertainty with Russia and the Fed. $SPY [https://twitter.com/search?q=%24SPY&src=ctag&ref_src=twsrc%5Etfw] broke through 440 (a key support) and
2.16.22 Market Update
> Another wild day on the markets. With the FOMC meetings release being a nothing burger, $SPY [https://twitter.com/search?q=%24SPY&src=ctag&ref_src=twsrc%5Etfw] had an outside day and
2.14.22 Market Update
> Another rocky day on the markets. $SPY [https://twitter.com/search?q=%24SPY&src=ctag&ref_src=twsrc%5Etfw] is beginning to to form a solid downtrend on the daily chart. We are
2.11.22 Market Update
> When it rains it pours. With a market already spooked by high inflation and now a very real threat of a Russian invasion of Ukraine, $SPY [https://twitter.com/search?q=%24SPY&src=
2.10.22 Market Update
> An ugly day on the market with the hot CPI print and fed comments hinting at a 100 bps rate increase by July. We see potentially a double top pattern on $SPY [https:
2.9.21 Market Update
> $SPY [https://twitter.com/search?q=%24SPY&src=ctag&ref_src=twsrc%5Etfw] gapped up today over our breakout level of 452.79 and ended the day strong (yet volatile). The VIX did
2.7.22 - Quick Market Update
> SPY closed with an inside day daily candle with higher low than this past Friday. We are seeing a holding pattern until a major catalyst, such as the CPI number this Thursday $SPY