$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.
$AMGN wedge pattern breaking to the downside.
$VIX breaking declining resistance…finally.
Stocks have been overextended for over a months. Following Jay Powell's speech at the Brookings Institute, it looked as if the stock market would continue to rally but it ran into heavy technical resistance and stocks since has been trending lower. Is this the time to get short or long? In this video, I provide
$DBGI rally likely to face headwinds at declining resistance.
$MSOS attempting to break out of a massive base going back to May.
$SHOP breaking out of the base today. Strong runner.
$VIX breaking its downtrend ahead of the Powell speech.