So Many Negative Divergences. But Big Stocks Still Will Not Roll Over
With the DJT, RTY, /ZB, and /YM negatively diverging, it would be easy to say “short the SPX.” But until I see defined bearish patterns, I will back away from that strategy.
Archives: Daily Videos
Earnings from PANW to NVDA
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Directional Breaks Awaiting NVDA Earnings
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The Sell-off in the XLF Put a Damper on Any Huge SPX Rally
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Bonds and RTY at Pre-CPI Levels. That Would Put the SPX and NDX Much Lower.
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OpEx Trading Day Recap
With metals on the move, trade in gold as well as FCX were on tap today as the monthly expiration has come and gone.
Daily Review May 17, 2024
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The Language
Signs point to a potential blow off top with NVDA being the catalyst, let’s come up with a plan for managing our risk.