SPDR S&P 500 (SPY)

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Monday's Market Pulse

Hold long all indexes, but barely. Bearish wedges everywhere, parabolic or break down Monday. Everything ended up on a hold long signal. Banks ended on a near term hold long also..... bull trap??? Or possible rotation out of tech???


Near term signals- Markets are not in-sync. Strongest signals when they are all on the same signal.

Tradeable shorts or longs are a possible day trade, risky to hold overnight.


Good Luck

SPX Hold Long


Tradeable short below 1530, Hold Short below 1515



NDX/QQQQ /Hold Long


Tradeable Short below 2178, Hold short below 2168
Tradeable Short below 53.50, Hold Short below 53.26



Dow Hold Long


Tradeable Short below 13800, Hold short below 13650