Local Optima

Usually I begin my posts from Monday to Thursday with a 39-min chart describing my point of view about the Market action of the day. Today I think it's more illustrative

The Market session began with a gap, the attempt to rally just lasted a few minutes, after that, it lost all its power. The S&P still managed to stay above the

Today Jerome Powell's remarks during the meeting with the Senate Banking Committee stopped the Market fall that started a few days back. The idea is that the Fed will do whatever

The day began with a violent gap, which was a continuation of the sell-off that started on Jan/04 (illustrated in the 39-min chart below). After the sell-off lost its force the main

The purpose of using indicators when trading the Markets is to have a reasonably good perspective of the probability that an instrument moves in the direction that you expect. The S&P