Trading Week Update

If we compare the highest levels that the indexes reached around Nov/2021, versus the lowest levels at which they declined around Feb-March 2022, some of them got to Bear Market Territory. Updating

As I mentioned in yesterday's article, I thought that there could be at least a reaction rally, I still think it can happen this week. We are at a level where

Stocks managed to recover from early losses, if we review the daily chart of the S&P 500 we can see how the index recovered from oversold conditions (-3 Keltner Channel). My

Today the clue that we got thanks to the Fed is that the Market is still pretty weak. This time the Fed Chair Jerome Powell made some hawkish comments about the potential aggressive

Yesterday we had a rally based on the strong earnings that were posted during the day. Today that bullish feeling disappeared, important stocks such as Netflix (NFLX) posted losses. There was a lot