Author: Jeff Pietsch

Internals are showing bullish trend-day strength, but with the FOMC reporting today, we can expect significant noise at 2:15, followed by a trend-trade in either...

Today marks the beginning of either a mild retrace or a choppier consolidation range, in my opinion. Because this is only the first minor test, buyers have been quick to put in a floor and have subsequently bid price back up to...

(Click Image to Enlarge/ ETF Rewind Glossary)Did I say the market looked extended last week?  The S&P 500 finished the week higher by +1.1%, and equities have now put in their strongest run in years — take a look...

The mean-reverter in me is having flash backs to July of last summer.  The technical parallels are fairly significant.  In both cases, price tagged major support on the second leg of a “w” bottom, which...

After an easy gap fill, internals are marginally negative, but there is no real sign of potential breakdown yet as price consolidates under the VWAP.  In fact, the VIX is continuing to decline.  Keep a close eye on...

Internals are fairly heavy today and it’s the first time in a long while that I have seen a break in many of the daily-bar momentum elements that I track.  While price is hanging in there, at this time I see a lower...

Today’s trade is mimicking yesterday’s with a trend-like play higher followed by a rollover breakdown.  While today’s roll could ultimately be more serious for the bulls, so far price has bounced at the...

After a small down-side gap fill, equities have continued their relentless upward march in trend-like fashion, now breaking R2 with the SPX homing in on its prior highs.  Although momentum continues its incline, I see...