RSI Shows No Oversold Conditions Despite SD Indicator
*As defined by 1+ standard deviation below the 50-DMA. Good stuff, but curious what others think of using this as "oversold". I'm an RSI guy and this market was never oversold for 21 days.
Price Action Confirms Scenario Two Will Persist
Price action currently making my latest thoughts a tad cringey. I laid out three scenarios. We are in scenario two and I think we stay there. 🙏
212-Day 200‑Day MA Streak Signals Quick Recovery
To clarify - the S&P 500 has closed above its 200-day for 212 straight days. There have been 28 other such streaks. In 71% of the cases when it broke below the average after a streak this long it...
Live NYSE Market Breakdown with Schwab Network
Jumping on the NYSE set of the @SchwabNetwork to break down this market with @NPetallides in a moment.
S&P 500 Near 100‑Day MA, Futures Slip 1%
S&P 500 had been holding the 100-day moving average. That level 6831 now. Futures down 1% at 6815. Let’s see if we get a close below there. https://t.co/rCkhL5PUZi
Clear Levels to Watch as Deal Nears Resolution
Hate trading deal stocks, but we see clear levels to watch as this comes closer to a resolution. H/t @cgames2002
Braving Snow to Join Diane King Hall Live at 8:40
Trudging through the ice and snow to join @DianeKingHall on the NYSE set of the @SchwabNetwork Tune in at 8:40.
