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

  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

  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