As of today’s close, many of the bearish weekly squeezes we discussed last week have officially fired short. This adds to the list of reasons we’re looking for a continuation lower. Remember, the rule-of-thumb with a squeeze is once it … Read more Top to Bottom

  It’s been a volatile and exciting trading week due to options expiration (OPEX).  This week’s price action captures what we can expect during OPEX and volatile times. The market has seen chops, pops, and a big drop. After the … Read more OPEX Coming to End

  This week we are anticipating options expiration (OPEX) on Friday, May 20.  Big money likes to take advantage of options expiration to cause chop and keep price near liquidity. This week, keep this in mind to either stay out … Read more OPEX Week, Liquidity Levels

  Will the market get a continuation of Friday’s strength? This move would be ideal for us to short the bounce as we want to enter our short positions at the 21 exponential moving average (EMA).  The S&P 500 (SPX) … Read more Continuation of Strength?

  After relentless selling all week, the markets finally rallied on Friday, setting the stage for a short squeeze next week. The indices and many leading names reached deeply oversold levels on Thursday. While that is the moment in time … Read more Here Comes Short Squeeze

  The S&P 500 (/ES) continued to drop lower on Thursday. The /ES opened below the weekly Ichimoku Cloud for the first time since COVID in 2020. Although the market is extended to the downside, this doesn’t mean price will … Read more Down We Go, Watch AAPL