list of daily videos
The next significant downside target for the S&P 500 is 3650, but bears still have some things to prove to show they can get us there. That will be easiest if they can hold the index below 3917 and then push through 3814.
The S&P 500 has broken symmetry to its December decline which is a warning of the potential for more downside. Symmetry can also help us determine if that potential remains on track.
Long or Short. Hawkish FOMC. Bond yields dropping…we’re here to find the setups and control risk, and next week’s game plan starts with the timeframe and time horizons that will best accomplish that.
Shortening the timeframes and time horizons – but not necessarily daytrading – will be an effective way to tackle the volatility of this environment.
The collapse of SIVB could hit many other companies with exposure to the bank.
The warning-signs that flashed this afternoon took the markets lower, breaking our last key levels of support. Let’s discuss the game plan from here.
As the saying goes “as goes the market, goes the stocks”. As the market indices continue to flash warning-signs, let’s discuss how this impacts individual stocks.
In today’s video I discuss today’s intra-day move and the significance of /ES at 3,950 and why trading below that could very well mean that this thing falls apart earlier than expected. We’ve been tracking this inflection point and while the daily put/call ratio doesn’t exactly scream short this market, it might be a blessing in disguise to be cautiously bullish as we dip into what could be a super volatile next week.
Today’s move brings a lot of questions for tomorrow’s open. We haven’t seen a strong directional move like that in some-time, so it might have legs for tomorrow as well. However, if there is a bounce tomorrow and we close above ES/ 3950, our long-term bullish game-plan for the end of March still stands! Cautiously bullish!
