$SOFI continues to base in a 10 month pattern, but can’t seem to break out above $8.30.  Â
2yr Yield continues to break higher and posed to challenge the 2022 highs. Â Â
$VIX back below key support, after falling off a cliff, post CPI. Â Â
Watch $BLDR and the potential for a bull flag breakout. Â Â
$PINS attempting to hold the long-term breakout support level. Â Â
$F right up against declining resistance. Â Â
The stock market ripped higher following the FOMC Statement issued by Jerome Powell. The stock market soared, and from a technical analysis standpoint, the outlook looks good for stocks going forward. In this video, I provide my analysis on the SPY, QQQ and IWM ETF, as well as my outlook on the VIX index.
$BMBL pushing through the 200-day moving average and attempting to break out of its base here. Â Â
Lack of a breakout for $PYPL creating a headache for the chart as it is now forming a bearish wedge. Â Â