As mentioned on Saturday in the Weekly Compass, “A temporary relief spike on Monday is possible,” and that is what the price action presented today. The reason is simple: short-term timeframes were extremely oversold. As usual, the levels played a critical role today. Price action revolved around the Central Daily Level of 7,431, attempting to move north, but the CWL provided to our premium subscribers acted as precise resistance. Price action printed an inside candle for the $NASDAQ 100(NDX)$ and key ETFs like $iShares Russell 2000 ETF(IWM)$ and $VanEck Semiconductor ETF(SMH)$ . Inside candles reflect market uncertainty with neither side establishing clear directio

Hello everyone, The futures session has opened and we are already seeing volatility. Prices opened in the red before staging a quick bounce. As mentioned on Saturday, a spike is possible, but the indices must recover their central weekly levels to provide stronger validation for a sustained bounce. I also outlined the less likely scenario of a gap down. $E-mini S&P 500 - main 2606(ESmain)$ $E-mini Nasdaq 100 - main 2606(NQmain)$ The key readings for this week include: 1. Support and Resistance Levels for the Week Ahead This report covers the $S&P 500(.SPX)$ $NASDAQ 100(NDX)$

U.S. equities closed the first week of June with steep losses as a stalled technology rally and rising interest rate expectations pressured the market. A much stronger than expected May labor report triggered the reversal from overbought levels called during the recent days (and reinforced on Thursday afternoon to paid subscribers). The U.S. economy added 172,000 jobs last month, far above forecasts of 85,000. The unemployment rate held at 4.3%, and upward revisions to March and April added another 93,000 jobs. The data erased expectations for near-term rate cuts. Investors sold government bonds aggressively, pushing Treasury yields higher and strengthening the dollar. Markets are now fully pricing a quarter-point rate increase by year-end under new Federal Reserve Chair Kevin Warsh. Highe

Over a month ago, I updated my $S&P 500(.SPX)$ bullish target to 7,638, utilizing the annual line that has been included in my charts since the beginning of the year. On Wednesday, I highlighted that this target could be considered effectively reached when the market printed all-time highs at 7,620. Following today’s sharp sell-off, that analysis has proven remarkably accurate 🎯. When I establish a target for a weekly, monthly, or annual timeframe, I rely strictly on technical indicators and support and resistance models mapped out well ahead of price action. As my paid subscribers know, this is not the first time an anticipated top has precisely triggered a major sell-off; the February 2025 top stands as another successful example. Yesterday

The $S&P 500(.SPX)$ closed at 7,584.3 (+0.4%) after bouncing from the confluence zone of the 7,520 weekly level and the 7,515 daily level. The first validation of the bounce came at 10:00 AM with the recovery of the 7,534 daily level, followed by a move over the 7,559 central weekly level around 11:00 AM, establishing a bullish milestone that was consolidated when the central daily level of 7,570 held for the remainder of the day. These key levels were highlighted in yesterday’s Market Update (access here), alongside the potential bounce for $Alphabet(GOOG)$ and $Amazon.com(AMZN)$ . Both tech giants validated the bearish setups anticipated in the Weekly Compa

The stock market has entered a highly choppy environment characterized by rapid, day-to-day reversals. For instance, $NVIDIA(NVDA)$ rallied 6.2% on Monday only to reverse -3.2% today. Similarly, $iShares Russell 2000 ETF(IWM)$ posted a +0.93% bullish move yesterday but is down -1.3% today. These sudden, signal-free shifts illustrate just how volatile conditions can get. As we observed during the reversals of February 2025 and February 2026, this type of price action requires extreme caution. Keep in mind that this choppy price action is triggering right after the $S&P 500(.SPX)$ neared $7638, the target I updated a couple of weeks ago. With this week’s recent

The stock market has begun flashing consolidation signals over the last two weeks. The first warning arrived last week when the $S&P 500(.SPX)$ printed a shooting star on the weekly timeframe, while the $NASDAQ(.IXIC)$ posted indecisive candles just above essential resistance lines. This past Friday, the indices followed up by printing indecisive price action at overbought conditions in the case of the $Dow Jones(.DJI)$ This type of indecisive price action suggests that a consolidation phase lies ahead. Ultimately, this has been an exceptionally powerful rally, but now the market must digest its recent gains. At the same time, we are seeing breaking positive

U.S. stocks advanced ahead of the long weekend, positioning the $S&P 500(.SPX)$ for an eight-week winning streak. This marks the longest weekly run for the benchmark index since December 2023. The S&P 500 rose 0.88% after approaching to our bearish target of 7,325 and bounced. The $NASDAQ 100(NDX)$ gained +1.2% also after touching its bearish target of 28,609 and the $Dow Jones(.DJI)$ added 2.2% during the week. This late-week strength emerged as investors absorbed falling government bond yields and a pullback in energy costs (Crude Oil $WTI Crude Oil - main 2607(CLmain)$ fell -8.2% during these five days). Th

Back in November 2025, I published a special study outlining our primary bullish target for 2026: 7,470 on the $S&P 500(.SPX)$ . Today, that exact mark has been reached, defying the widespread pessimism observed back in March. That analysis was rooted entirely in documented technical patterns, with zero gut feeling involved. Last Wednesday, our Market Intelligence study provided a clear roadmap for what to expect over the next few months, and Friday’s reversal appears to strongly validate the thesis we laid out. Furthermore, back on March 28, this publication highlighted the high probability of a bounce. By disciplined tracking of our weekly SPX levels and key technical indicators, we successfully navigated a 16%+ rally using one simple rule:

U.S. equities retreated from recent record highs as geopolitical friction and a sharp bond market decline weighed on investor sentiment. The S&P 500 $S&P 500(.SPX)$ printed a muted week with a net gain of +0.13%, the $Dow Jones(.DJI)$ closed muted -0.1%, and the $NASDAQ 100(NDX)$ declined -0.38%. Sector dynamics told a divergent story. Energy outperformed sharply, rising +6.7% during the week ( $Energy Select Sector SPDR Fund(XLE)$ ), while high-growth equities bore the brunt of the selloff. Discretionary dropped 3.1%, reflecting renewed caution. Materials and utilities also surrendered 2% each as Treasury volatili