•Upward momentum is lost
•Negative divergences and sell signals from classic indicators
•Big weekly bullish enfulfing candle on $VVIX
•Weekly bearish haramis on major indices
•Inflation is sticky, higher rates coming
• #Recession is here
•Major indices printed weekly higher lows and higher highs
• $VIX continues in strong downtrend
• Leading stocks holding support
•Dealers are holding net long positions
•Positive Gamma regime
•Buy the dip: Bullish price action
•The market will stay in the current range (4100/4160) through Tuesday
•Nothing has broken yet, we remain cautiously bullish, but moving up our flip levels (↑↓)
•Earnings will help float the market, but could be mixed
•Upward momentum is stalled
•Market breadth is deteriorating, rally is fragile at this time
• #CPI, #GDP and results from $AMZN, $GOOG, $META and $MSFT will have a big impact on market direction
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•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
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
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