These charts can help guide you but understand they’re updated after the market close. It’s best to not wait. Get my updates on market conditions before the next move, live during market hours.
SPY Nov 30th, 2022
Monthly chart
Higher high, higher low. A good month and signaling the possibility for a longer term reversal.
DIA DOW Nov 25th, 2022
A strong move for the DOW
IWM Nov 25th, 2022
3 White Soldiers Candlestick Pattern
Bullish
SPY Nov 23rd, 2022
After correcting last week, the major indexes are once again making a bullish move, breaking through resistance. I’m seeing that we could still go higher before seeing significant resistance.
VIX Oct 21st, 2022
BOTTOM? I’m thinking this could be an indication of a reversal in the trend for the stock market.
VIX There continue to many skeptics about this market but I think what some may have missed today (and why I’m posting this here) with the major indexes closing red, is that the VIX also closed red. More importantly it closed under the 20 day average. That’s the 1st time it’s done so since September 9th, 2022 I see this as bullish for the market, based on probability.
DIA DOW Oct 28th, 2022
It’s not quite the end of the month but nevertheless this monthly chart is attention getting; with a higher high, higher low (on increasing volume).
SPY Oct 24th, 2022
The last time this 5 day moving average was above both the 10 and the 20 day moving averages was on August 18th
VIX Oct 20th, 2022
What some may have missed (because of all the volatility on this day with all three major indexes closing red) is that this closed red. More importantly it closed under the 20 day moving average. That’s the 1st time it’s done so since September 9th, 2022 I see this as bullish for the market (based on probability)
QQQ Oct 19th, 2022
Posted during market hours after the pullback. What I’m seeing now. Market open at 269.93 If this holds, market could go higher.
SPY Oct 18th, 2022
SPY Oct 18th, 2022
Excellent follow through, confirming expectations (see chart below)
Strong move today pushing back above significant resistance, telling me this likely continues higher.
