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Bounce or Bust

June 10, 2022

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

Breaking Down Into CPI

June 9, 2022

  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

Big Structure in Focus

June 7, 2022

  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

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