In this MarketGauge mentoring session, the host walks through the July range framework to interpret a mixed market where tech is weak but broader participation is improving. He reviews the Qs, SPY, RSP, IWM, bonds, crude, and key …
In this MarketGauge mentoring session, the host walks through the July range framework to interpret a mixed market where tech is weak but broader participation is improving. He reviews the Qs, SPY, RSP, IWM, bonds, crude, and key …
In this MarketGauge mentoring session, the host walks through the July range framework to interpret a mixed market where tech is weak but broader participation is improving. He reviews the Qs, SPY, RSP, IWM, bonds, crude, and key …
Geoff stated that the market opened with a significant gap lower in the semiconductor sector (SMH), which landed right at a critical technical inflection point near its 50-day moving average and a previous reversal level. He noted that …
Geoff stated that the market is navigating a complex backdrop of renewed Middle East tensions following reports of missiles fired at commercial ships in the Strait of Hormuz. He noted that while crude oil has responded with strength, …
Geoff stated that the market is currently navigating "summer-like" price action characterized by significant consolidation, particularly as we move through the first 10 days of the critical July calendar range. He noted that while the semiconductor sector (SMH) …
Geoff stated that the market entered the week with a "really nice setup" coming off the July 4th holiday, characterized by a compression on top of a breakout in the S&P 500 and the Nasdaq. He noted that …
Geoff stated that while the morning employment report initially triggered a brief "fade" after breaking to new daily highs, the market's subsequent resilience suggests the report did not "get in the way" of the prevailing trend. He noted …
Geoff stated that the market has provided a "textbook" example of how to handle significant inflection points, specifically noting the successful "head fake" reversal at the 50-day moving average in both the S&P 500 and Nasdaq. He noted …
Geoff stated that yesterday was a "really important day" on the daily charts, as it marked a successful "head fake" for the S&P 500 and a "picture-perfect reversal" for the Nasdaq at their respective 50-day moving averages. He …