Jerome Powell will speak at Jackson Hole on 8/26/22, If he is somewhat dovish, TG wonders, will the market pop a little? But that pop might be into some major resistance. In this episode, TG talks about how the Moxie Indicator is telling us to be careful, as most of these up moves are going right into a bearish setup. TG's advice? Trade it, but don't marry it and keep things tight.
TG discusses how the market has been on a bullish streak for several weeks now and run into several overhead MA's that will probably be resistance. This doesn't mean that the market has to fall apart right away and head straight down, but we should be looking for signs of a pullback. He thinks th...
In this episode, TG goes through a few examples of how the market might continue before doing the 1 - 2 punch of a pullback and topping pattern. TG is seeing a ton of names that are in what he calls the Weekly Arch of the Foot, and therefore he is expecting those names to begin to pull back. If t...
In today's video TG reviews the major indexes and large-cap stocks which are in elevated areas that he's not comfortable putting new money to work on the long side. TG wants to see a pullback into support to see what the new opportunities will be. In the meantime, TG also reviews how some names a...
