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
S&P 500 (SPY) and Nasdaq 100 (QQQ) both made major moves via technical analysis when broke through their declining trend lines on their respective charts. These trend-lines go back over a year, and this is the first time that these ETFs have managed to break through!
$SPY 5 min intraday pullback only a 23.6% retracement from Thursday lows to Monday highs. Needs $395-7 to make it a meaningful one. Â Â
SPY ETF was saw price get rejected at its key declining trend line. The S&P 500 could not continue the rally with year long resistance overhead. In this video I provide my latest technical analysis on the SPY ETF and S&P 500.
$PYPL confirming the short-term inverse head and shoulders pattern as well as breaking above the declining trend-line today. Â Â
SPY has rallied over 5% in the past week! A lot of traders are hoping this is finally the moment it can break through declining resistance and just start a bull market for the stock market. I'm providing my technical analysis on SPY and what you can expect as it does battle with major resistance.
The stock market saw a breakout with SPY after being stuck in a trading range for 13 straight days. But the follow through was less than impressive leaving traders wondering whether the rally of late was nothing more than a short lived bounce. In this video, you will get SPY technical analysis on a daily
With only two weeks left in 2022, can we expect a Santa Rally in the Stock Market? I go over my technical analysis for SPY, QQQ and IWM ETFs and whether stocks can expect a Santa Rally or will the stock market crash continue into 2023.
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.