Category
Draw Lines
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Draw Lines
SPY, QQQ Close Lower Into FOMC Day Two Tomorrow
SPY and QQQ closed near session lows in a tight range on FOMC day one. Marking levels for tomorrow’s Retail Sales and rate decision, not predicting them.
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Draw Lines
SPY, QQQ Pull Back Monday. FOMC Starts Tomorrow
SPY closed -0.45%, QQQ closed -0.80% Monday. FOMC’s two-day meeting starts tomorrow. No rate decision until Wednesday. Marking levels, not guessing.
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Draw Lines
Week Ahead: FOMC Rate Decision Hits Wednesday
SPY closed $764.29 Friday, bouncing off a losing week. This week the Fed decides rates Wednesday. Here’s how I mark levels into it.
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Draw Lines
SPY, QQQ Snap Three-Day Slide on CPI Day
SPY and QQQ closed near session highs on CPI day, breaking three losing sessions. Marking levels into next week’s FOMC decision.
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Draw Lines
SPY, QQQ Fall a Third Day — CPI Is Tomorrow’s Test
SPY closed its third straight down day, QQQ underperforming. PPI already hit this morning. CPI lands tomorrow ahead of the Fed. Here’s what the chart says.
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Draw Lines
SPY, QQQ Slide Again: PPI Sets Up Friday’s CPI
SPY closed its second straight down day while QQQ held flatter. PPI prints tomorrow, CPI Friday. What the levels say, no predictions.
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Draw Lines
Labor Day Closed: PPI and CPI Are This Week’s Test
No session today. Friday’s closes hold the levels, then PPI Thursday and CPI Friday arrive with the Fed already quiet ahead of its Sept 15-16 meeting.
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Draw Lines
Holiday Weeks Lie to Your Chart
Holiday weeks run on thin volume, and a broken level on a quiet day deserves more doubt than the same break on a normal week.
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Draw Lines
SPY, QQQ Give Back a Piece of the Rally on Jobs Day
SPY pulled back, QQQ held flat on jobs report day. Market’s closed Monday for Labor Day. Next week’s real test: Thursday’s PPI, Friday’s CPI.
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Draw Lines
SPY, QQQ Close Near Highs; ISM Services Up Next
SPY and QQQ closed near session highs Sep 2, rebounding off Tuesday’s selloff. Marking levels into Thursday’s ISM Services, claims, and trade balance.