The Bear's take:
•Market is up in decreasing weekly volume
•Market is overbought
•High yields
•Looming #Recession
•Geopolitical and geo-economic tensions are on the rise
• #Inflation is sticky
•Higher rates for longer
•Small-caps are lagging behind
•Bullish daily, weekly and monthly candles
•Momentum is up
•Tech is leading
•Sucessful retest of breakout zones
• #NDX made new higher low and higher high
• #SPX made new higher low
• #SPX may go a bit higher on Monday, but faces strong resistance, we expect a pullback this week
• Up target 4145, (and not likely 4181), down targets 4074/4050/4030
• #VVIX could have a significant bounce from 81.6 and VIX from 18/18.2 area
•For $SPX to confirm higher lows it has to break above the last high at 4195, that'd be a radical turnaround. We don't expect that to happen this week. #SPX will fail if it makes it that far without resting
•Market is in decreasing weekly volume
•High yields
•Looming #Recession
•Geopolitical and geo-economic tensions are on the rise
•Valuations are high
• #Inflation is sticky
•Higher rates for longer
•Small-caps are lagging behind
•Bullish daily, weekly and monthly candles
•Momentum is up
•Tech is leading
•Sucessful retest of breakout zones
• #NDX made new higher low and higher high
• #SPX made new higher low
According to the teachings of Sheldon Natemberg, 30 years Market Maker, Cboe Educator and author of the options Bible "Option Volatility & Pricing: Advanced Trading Strategies and Techniques"
•Rates and valuations are high
•Looming recession
•Geopolitical tensions ↑
•Very Bearish Gravestone doji on Friday
•More rates coming
•Market is extremely overbougth
•Dollar is going ↑
•Inflation/Commodities/Oil ↓
•SPX made a higher low and a higher high: Trend change
•Most charts are bullish
• $FAANG chart bullish
•All Breadth indicators are very strong
• $VIX, $VVIX still in strong donwtrend
•Rates and valuations are high
•Looming recession
•FOMC: FED will be hawkish
•Geopolitical tensions are increasing
•Earnings will be low
•Macro enviroment is ugly
•Layoffs are increasing
•Inflation/Commodities/Dollar are down ↓
•All indices are above their MA
•Tech leads and charts are bullish
• $FAANG and $TSLA charts are bullish
•Breadth indicators are strong
• $VIX, $VVIX and #DXY in strong donwtrend
•Rates and valuations are high
•Looming Recession
•Geopolitical tensions are increasing
•Earnings will be low
•Macro enviroment is ugly
•Layoffs are increasing
•Inflation/Commodities/Oil/Dollar are down
•Techs are taking the lead again
• $FAANG chart is bullish
•Breadth indicators are strong
• $VIX, $VVIX and #DXY in strong donwtrend
•Positive divergence from CCI, RSI, ROC, Stochastics #SPX#ES_F $SPX
•Recession is just around the corner
• Rates and valuations are high
• Geopolitical tensions
• Friday, stocks rise on low volume
• Earnings will be low
•China Covid shutdown hurt earnings
• Market is overbougth
• #VVIX is rising
• Inflation/Commodities/Oil/$ are ↓
• $DJI chart is very bullish. $DJT and $IWM also look good
•Up week on increasing volume
• $VIX and #DXY in strong donwtrend
•Breadth indicators are strong
•Positive divergence from CCI, RSI, ROC, Stochastics