The S&P broke nine days of support
Hi Shoppers, Quite the down day: The S&P 500 E-mini Futures (ES) dropped just shy of 150 points, or 2.11 percent. We saw sideways action, or consolidation, for nine days holding the support of the 21-day moving average until Monday when we gapped lower, opening below that support. The futures couldn’t even close […]
Play Bitcoin Higher
By Licia Leslie January 14th, 2025 Hi Shoppers, Bitcoin is taking off, and as long as it holds $94,000, I’ll be looking to buy calls in iShares Bitcoin Trust ETF (IBIT). My price target is $99,000. That would take IBIT to $57. Shopping for options, I like the IBIT Jan 30, 2026 54 […]
This Market is Nuts!!
By Licia Leslie November 23, 2025 Hi Shoppers, With another week gone by here is my weekly chart of the S&P 500 Emini Futures: The week of October 27th created a doji at the top or the all time high and we’ve traded lower ever since. I still say watch that $6614 level. […]
Nearing the Bottom
By Licia Leslie November 19, 2025 Hi Shoppers, My final piece of evidence for the turnaround story is the S&P500 Emin Futures chart: Each and every time the futures have traded down to this support level on the pitchfork, going back to when this trendline flipped from resistance to support on June 26th, it has […]
Highwave Doji Means Mass Confusion
By Licia Leslie November 16, 2025 Hi Shoppers, With the S&P 500 Emini Futures sporting a highwave doji, meaning mass confusion, I will be watching for the market to open and trade higher on Monday morning: We will have some significant resistance where the median line and the 21 day moving average converge at $6827.75. […]
Keep your eye on that level tomorrow!
By Licia Leslie November 14, 2025 Hi Shoppers, Nice sell off yesterday. Totally had me fooled in the morning as I thought we could easily recover and close over that 21 day moving average on the S&P 500 Emini Futures: The 21 day moving average lines up very well with the median line of […]
You’ll Thank Me Later
By Licia Leslie November 8, 2025 Hi Shoppers, Cameco Corporation (CCJ) has been sold off along with the rest of the market but it is primed for a bounce here: The stock has traded right down to the 50 day moving average which lines up perfectly with my pitchfork support (LOVE when that happens!). […]
Watch the $6784 Support!
By Licia Leslie November 5, 2025 Hi Shoppers, We had a bit of a selloff yesterday closing down 81points, with the S&P 500 Emini Futures testing but holding (so far) my strong support at $6784: I say strong because the 21 day moving average and my pitchfork median line together make up that support. […]
The Dragonfly Doji in JNJ
By Licia Leslie November 2, 2025 I am spotting a dragonfly doji in Johnson & Johnson (JNJ): JNJ is looking to rally from here back up to $193.74. Looking at the call options: I like the Nov14 190 calls. Use a close below $186.80 as your stop loss. Thank You For Reading […]
Change in Trend in the Gold Futures
By Licia Leslie October 29, 2025 Hi Shoppers, We have a possible change in trend dragonfly doji created by yesterday’s action in the gold futures: A dragonfly doji is a candle that signals the end of a downtrend. The futures traded right down to the Fibonacci support before bouncing and closing higher. As […]