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Today’s Trading Plan: Even Italy is Bullish

Ryan Mallory2016-12-05T09:21:11-05:00December 5, 2016|

Technical Analysis: The S&P 500 (SPX) did little to nothing on Friday as price maintained the status quo while also upholding support at the August 2016 highs. There exists still the potential for a test of the 20-day moving average. Volume on SPDRs S&P 500 (SPY) fell for a second consecutive day, and came [...]

Today’s Trading Plan: Deciphering Market Intentions Going Forward

Ryan Mallory2016-11-14T08:40:42-05:00November 14, 2016|

Technical Analysis: On the only attempt at a move lower last week by the S&P 500 (SPX), the dip buyers re-emerged and bounced the market off of its 5-day moving average. Friday’s slight sell-off ended SPX’s 4-day winning streak. Short term, the market is undoubtedly overbought. Volume on SPDRs S&P 500 (SPY) saw [...]