KEY TOPICS

Market Analysis and S&P 500 Support

The S&P 500 has been testing its 200-period moving average for approximately four days, undergoing price discovery at this critical support level. Market sentiment suggests a short-term bounce is likely, as negative headlines have slowed down and tariff news has been slightly walked back.…

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KEY TOPICS

Market Technical Analysis

The market hit a critical resistance level and plunged back down, currently testing the 200-period moving average at around $571.50. This represents a significant support level that buyers have previously defended. Below this level, there is little substantial support, as the market rose rapidly last year…

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KEY TOPICS

Market Volatility and Uncertainty

Recent political developments have triggered significant market volatility, with futures swinging between positive and negative territory within hours. This uncertainty stems primarily from new policy announcements, particularly regarding tariffs, creating an environment where headlines drive…

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KEY TOPICS

Market Conditions Related to Tariff Headlines

The market is currently reacting to competing tariff announcements, with headlines driving price action rather than traditional order flow. This has created a sideways trading pattern over the past four months from November through February, with prices now testing the bottom of this…

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KEY TOPICS

Market Overview and Conditions

The market is currently stuck in a longer-term sideways price action with 50 and 20-day moving averages pointing down. Despite this neutral stance, there hasn’t been massive profit taking after the market rallied 50% over two years. The fast moves in both directions are causing frustration for traders,…

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KEY TOPICS
Market Analysis & Trends

Recent market activity has shown a decisive bearish turn with major indices breaking below critical moving averages. The S&P 500 and Nasdaq have fallen through their 20-day, 50-day, and 100-day moving averages, with the S&P testing its 200-day moving average – a level not touched since November 2023.…

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Introduction

This session focuses on analyzing stock market trends, trading strategies, and the importance of identifying key technical patterns for successful trades. The discussion emphasizes the significance of waiting for opening range breakouts and breakdowns to avoid premature entries, especially in volatile market conditions. The…

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Introduction

This content focuses on market dynamics, technical analysis, and trade management strategies. It explores how market sentiment, economic headlines, and key indicators like volume, VWAP, and order flow influence price action. The discussion emphasizes the significance of the opening price as a reference point for determining strength…

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KEY TOPICS

Game plan session for Friday, February 28

The session opened with a review of the day’s trading game plan for Friday, February 28. Charts were displayed showing SPY movement in response to PCE numbers, with the index at 587 and approaching the important 590 level. Six stocks were scheduled for review, with plans to analyze each one…

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KEY TOPICS

Market update on GDP numbers and overseas markets

GDP numbers are coming out with the preliminary report showing significant data. The initial market move was to the downside but has since regained some ground. Overseas markets are looking positive, and there was a nice uptick in the domestic market this morning. The overall…

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