Always have utility charts by your side on keeping track of overall market vitals, the best case is to watch Bond Yields for particular signs and patterns, with current events keeping track of oil prices, commodities, and FTX would be next for overall global market vitals. Then after a base understanding of the current market standing one can continue analysing...
Very straight forward, we close today above this imporatnt resistance and we have a higher high chance for a nice clean head and shoulder drop right shoulder event, from where the pickup in volume will confirm a right shoulder structure for the bullish upcoming run
time for a superscholar update: SPX looking to be waiting to apply resistance test on the trend its just leaving and potentially send it lower confirming its downward momentum. MMTH is showing signs of weakness foretelling a lot of companies are losing 200 SMA average advantage in sentiment DXY seems to be flush with the bearish trend that doesnt have enough...