The Five-Minute Chart Signal You Missed
Hi Shoppers, Check this out. It is the five-minute chart on the S&P 500 Index (SPX) from yesterday: I am a huge proponent of any kind of trendlines you can place on your charts for guidance. Look at that downward trendline beginning at literally the opening of the day. It was honored all day until […]
WMT Is Going Higher
Hi Shoppers, Walmart (WMT) is holding the double support of the 21 day moving average along with my median line: Once it clears the most recent highs of the last few days, it will trade up to $120.92. Looking at the options, I like the Feb13, 2026 expiration: The 118 strike is at the money […]
Gold Has Gone Hog Wild!
Hi Shoppers, If I hear one more person ask when and where we sell gold, I will… I don’t know what I’ll do. DO NOT EVER BUCK THE TREND. THE TREND IS YOUR FRIEND. That’s especially true for something that has gone this hog wild. The better question: Where is the next pullback, and should […]
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!). […]