With Friday’s pullback after a relatively strong week, the S&P 500 chart appears to be flashing a rare but powerful signal that is quite common at major market tops. The signal in question is a bearish momentum divergence, formed by a pattern of higher highs in price combined with lower peaks…
Catching a sector early as it rotates out of a slump is one of the more reliable ways to get ahead of an emerging trend. You just have to make sure the rotation has enough strength to follow through. On Thursday morning, as the markets maintained a cautiously bullish tone,…
Three sectors stand out, with one sporting a recent breakout that argues for higher prices. Today’s report will highlight three criteria to define a leading uptrend. First, price should be above the rising 200-day SMA. Second, the price-relative should be above its rising 200-day SMA. And finally, leaders should trade…
While the S&P 500 ($SPX) logged a negative reversal on Wednesday, the Cboe Volatility Index ($VIX), Wall Street’s fear gauge, logged a positive reversal. This is pretty typical: when the S&P 500 falls, the VIX rises. Here’s what makes it interesting: the VIX has quietly crept up in three of…
Unlock the power of divergence analysis! Join Dave as he breaks down what a bearish momentum divergence is and why it matters. Throughout this video, Dave illustrates how to confirm (or invalidate) the signal on the S&P500, Nasdaq100, equal‑weighted indexes, semiconductors, and even defensive names like AT&T (T). This video…
Unlock the power of divergence analysis! Join Dave as he breaks down what a bearish momentum divergence is and why it matters. Throughout this video, Dave illustrates how to confirm (or invalidate) the signal on the S&P500, Nasdaq100, equal‑weighted indexes, semiconductors, and even defensive names like AT&T (T). This video…
Iran on Friday said the U.S., as a ‘backer’ of Israel, ‘shall be held fully accountable’ for the series of strikes Jerusalem levied overnight against Tehran, its nuclear and military facilities, and top officials – deepening retaliatory concerns over U.S. bases near Iran. The U.N. Mission to Iran sent a…
Israel’s airstrikes on Tehran, Iran, on Friday morning marked a dramatic escalation in the proxy war between the two regional rivals, reigniting one of the most consequential questions in international security: Just how close was Iran to building a nuclear weapon? While Israeli experts have warned for years that Iran…
President Donald Trump said he thinks Israel’s strike on Iran probably improved the chances a U.S.-Iran nuclear deal will come to fruition, according to Axios. After an Axios reporter asked Trump whether he thought Israel’s strike jeopardized the administration’s efforts to strike a deal with Iran, the president reportedly responded,…
A senior lawmaker in the U.S. House of Representatives said the current conflict with Israel and Iran could be a singular opportunity for Iranians to overthrow their authoritarian Islamic government. ‘Now that their top leadership has been taken out, if there’s ever a time for the people to rise up…