Today, in my opinion, marks the first day that price action has favored the bulls. Bears now face two choices: either join the buying momentum, which could drive the market higher, or attempt to reverse the consolidation that began between March 11 and March 14. Of course, no one knows with certainty what will happen.

Based on Powell’s comments: The labor market has stabilized, yet inflation remains elevated. Near-term inflationary pressures have increased due to tariffs. Federal Reserve Chairman Powell stated that inflation is rising and that progress on curbing it is “probably delayed for the time being.” GDP growth is moderating. Quantifying the precise impact of tariffs on inflation

This is the second confirmation. If and when the SPX trades at last week’s high, it will reflect a cushion of 3.76% above its current monthly low. I’m not particularly skilled at setting longer-term targets. Visually, if last week’s low holds, sellers might not exert significant pressure until the index approaches the area of the

The SP500 is likely to close positive today This is is better than marking a lower low or an inside day today. On the other hand, the following link show a chart with Quarterly, Weekly and Monthly candles. The weekly candle is still down, and the monthly candle does not look strong. Now the risk-reward

The market will either rise or fall—that’s inevitable. What matters is understanding how much we’re willing to risk acting on it and, more critically, recognizing when we have an edge. Here is a similar chart for the QQQ, Nasdaq http://bit.ly/Terms10 “Subscribe to my blog and social media.” Thanks for your comments and support!

Yesterday, the Tail Risk Strategy flashed its first “Long Volatility” signal of the year, and today, the confirmation followed suit. On the other hand, the Nasdaq is outperforming the S&P 500 today, which hasn’t happened in a while. Taking note. Context: It Could Go Either Way Now, for all I know, the market might stage