SPDRs S&P 500 (SPY)

Even if we sell-off today, there's a lot of work to do on this chart before you can get overly bearish on it again.

The volume on today's and yesterday's barely noticeable sell-off is extremely light, and not something I'm taking serious at this point.

The market is currently in a correction, and SPY is showing signs of a potential bounce. But before assuming the trend is reversing, it’s critical to understand what we may actually be seeing: a counter-trend rally. These rallies happen within a larger downtrend and often mislead traders into thinking the worst is over. But the cool thing

If the stock market feels directionless of late, that's because it is directionless. Weekly chart of SPY...

War headlines can move markets quickly. The bigger question is whether the conflict changes earnings, inflation, rates, or recession risk. In many cases, the initial shock fades once uncertainty turns into information. When the shock does not fade, crude oil is often part of the reason. Historically, the S&P 500’s initial reaction to major geopolitical

The stock market continues to show mixed signals, with SPY, QQQ, IWM, and Oil all sending different messages, following the war outbreak in Iran. In this video, I break down the technical analysis on each of these major ETFs and crude futures, review my key market indicators, and reveal what traders can expect next as

The overall market continues to frustrate traders with choppy, directionless price action. All three major index ETFs - SPY, QQQ, and IWM - remain range-bound, making it difficult to capture momentum or follow-through in either direction. In today’s video, I dive into each chart and examine: Where major support and resistance levels are forming How

After opening deep in the red, the market saw a sharp rebound across all major indices, with S&P 500 (SPY),  Nasdaq 100 (QQQ), and Russell 2000 (IWM) all bouncing off the lows, though not recovering all the losses. We've seen a number of these huge sell-offs of late lead to massive rebounds in the days

This resistance on SPY that goes back to November continues to bludgeon traders who want to get long anything not semiconductor related.

SPY with a new layer of resistance formed now also has a wedge pattern to be careful of.