Range-Bound
Hey, Ross here: Let’s look at a chart that perfectly encapsulates the kind of market we’re in right now. Chart of the Day This chart
September 7, 2023
Hey, Ross here: Let’s look at a chart that perfectly encapsulates the kind of market we’re in right now. Chart of the Day This chart
To me, the 200-day moving average (MA) is the most significant line on every chart I look at. If you’re not putting this indicator on
As regular readers know, there is a wide variety of different price patterns that can form over short- or long-term time frames. They can be
The market is looking forward to this afternoon’s interest-rate decision from the Federal Reserve. Expectations are for another 0.75% rate hike, which would bring the
The market has been especially volatile since the release of the latest consumer price index (CPI) number last week. The S&P 500 and Nasdaq 100
One of the main reasons I am expecting lower lows is that the internals of the major indexes are still very weak.
With a weekly gain of 5.73% at Tuesday’s close, the S&P 500 just had its best two-day rally since March of 2020.
As traders, it’s important to remember that we cannot control the market. The market has a mind of its own, and it’s never going to
Last Friday’s trading session was a bloodbath… After Federal Reserve Chairman Jerome Powell made aggressive statements regarding a path of more interest rate hikes, the
On July 22, I made the call that the market low was in, and I gave you three big reasons to support that claim. If