This week’s primary chart in focus is the S&P 500 (SPX) Hourly chart. Especially as the SPX heads up toward $5,100, the game plan going forward is to hone in on the lower timeframes. The 30-minute, 15-minute, and 5-minute charts … Read more

The S&P 500 (SPX) finally hit $5,000, officially making a new all-time high. The question is, where do we go next? With most of the market being above the 21 exponential moving average (EMA), it does suggest that we could … Read more

The market is a bit extended, so keep that in mind this week. On the weekly chart, many names are trading at 3+ average true range (ATR) away from the mean, so probabilities-wise we are closer to the end of … Read more