Been working on a new Volatility + Volume script to identify key inflection points in the market - Here is $SPX YTD
"Sell" Signal triggered today ahead of big tech earnings
*Signals must be contextualized within the trend*
Sell = Short
$XRT : Retail signaling #Overbought here this morning
Bouncing right towards the top end of the #VolatilityRange within its BEARISH Trend
Range Accuracy: 93.98%
$XLY : Approaching #VolatilityTrend with close to -8% downside in the range
The last time we saw a move like this was back in March - very similar setup IMO
Remains a short for me.
Refreshed US Equity Dashboard to show #Volatility Trends and Ranges
Taking note of Sector Leadership.. Clear defensive positioning here $XLU $XLP $XLV
$SPY $IWM $QQQ
Snapshot from this mornings Market Warmup on YouTube
Thoughts on the ole “Fed Pivot”
What are your thoughts on this so called “Pivot”
$SPY $IWM $QQQ $VIX
Market Warmup Is Live 7/29
Going through some major trend shifts and why Powell will likely surprise this market in the worst way possible
https://t.co/iY4PzHwYjH
124 of 427 ticker we track are signaling overbought with a bearish trend. An addition 75 are signaling overbought with a bullish trend. Very overbought here, don’t chase this move. 📉 #macro#FederalReserve#growthslowing