Guest Leslie Jouflas, CMT of TradingLiveOnline reviews her downside targets for the S&P 500 ETF and shared her monthly chart of the Dow. Host David Keller, CMT breaks down the latest market breadth indicators including two dropping sell signals this week.
Guest John Kosar, CMT of Asbury Research reviews his chart of the S&P 500 and how his Asbury Six model potentially turns bearish this week. Host David Keller, CMT answers viewer questions on quality defensive stocks and downside risk for ADP.
Host David Keller, CMT highlights charts pulling back from their 200-day moving averages including the S&P 500 index and gold. He also reviews charts on the move including MRK, CVS, JNJ, BA, RTX, LMT and UAL.
Host David Keller, CMT recaps the week's trading activity from a technical perspective, including a focus on the S&P 500 index testing the key 4100 level and the US Dollar breaking below its 200-day moving average.