After a 9-day consolidation, the markets finally broke out of the range on Thursday with a big flush to the downside.     After testing support near the recent lows on Friday, the big question next week is whether or … Read more Bounce or Bust

  The next major catalyst we’re focusing on is the Consumer Price Index (CPI) report released at 8:30 a.m. Eastern on Friday. Pay attention to this report as it gives insight into inflation and how much consumers are spending. The … Read more Breaking Down Into CPI

  After a short week last week, our focus is on structure.  The S&P 500 (/ES) is trading below its trendline structure, which leads us to lean more bearish. On Monday, the /ES gapped up and failed to key levels. … Read more Big Structure in Focus