Technical Reset
This type of action is what I call a "Technical Reset," meaning, news came out and everyone acted in panic on Friday, but when the market realized it was just a fearful/impulsive act, they started buying again knowing it was nothing but a nega...
Ray Dalio’s Bridgewater (the world’s largest hedge fund) is negative YTD while the market is up +30% since the late Dec lows and +20% YTD.
He has been calling for 1987-style market crash openly/publicly since 2015 (I even made a video for my members late last...
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1. 50-Day Moving Average (EMA)
On my previous article (part 1) few days ago, we didn't quiet hit the 50EMA, but today we are bouncing off of that 50EMA. Keep in mind though, 10/20EMAs are still declining (not shown in the ...
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USA Momentum Stocks ETF
MTUM tracks the performance of US large-/mid-capitalization and higher momentum stocks. This ETF is one of those ETFs/Indices that many are ignoring, and rightly so in a healthy market as we have ma...
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1. Rising Uptrend-Support
As of today SPY is sitting right on the rising uptrend-support; this does not mean it must bounce here, but it could mean that we may have a bounce coming in the foreseeable future. I would put so...