The Stock Market continues to trend lower with no hope for a Santa Rally in sight for stocks. Is it time to start investing in stocks with the expectation for a Santa Rally or should traders wait until 2023 before considering new stock trades? In this video I provide my analysis for a potential Santa
$DVN up against declining resistance.
Rising channel in place to trade from on $GMED. A break below would be bearish.
Solid bounce for $COST off key support. A break below would be reason to ditch the trade.
Keep an eye on $FSLR and this developing head and shoulders pattern. Not confirmed, but getting close.
Multi-year support level on $AMZN getting tested here.
$WFC breaking below a critical rising trend-line.
The FOMC Statement was released and Jay Powell had his presser thereafter. Stocks sold off as a result, and leaves traders wondering if we have really reached a stock market bottom. I provide my technical analysis for the stock market following the FOMC Statement and where the market looks to go from here.
$PINS finally breaking through some major resistance.
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