A red Thursday in equity land, with the SPX settling at 6672, just 72pts (1.1%) above the important 200dma. Any close <6600 would merit alarm bells. Either the market rallies at this time and price, or its straight down to the 6100s…
No downside power, Mar11 2026
A net bearish day… but there was no real downside power. A fair number of the daily charts are cyclically very low, and prone to a week or two of upside.
Broadly stuck…. s/t bullish >6900. Bearish <6600
The cautious will trade light… or not at all.
The rounded top in equities, Mar10 2026
The SPX has a clear rounded top.
The next down wave will be prone to taking out the 200dma…
Monday reversals, Mar9 2026
The week began with some pretty dynamic reversals in SPX, VIX, and WTIC…
A-Z of stocks, Mar8 2026
A wide range of stocks… WTIC, and even a look at ten of the world equity markets…