After last week’s violation of the uptrend in the broader market, this coming week is sure to be volatile. We have the ADP number and the FOMC statement on Wednesday as well as the NFP number on Friday. Add to that mix some key earnings from $MA, $CSCO and others and the brew is bubbling
All Is Not Lost
Yes, the 200 SMA was broken on the $SPY today and yes, the markets look ugly right now. This isn’t the time to take the day/week/month off. Instead, the proactive market participant is busy looking for market themes and common threads that exist amongst the thousands of tickers out there. As an example, here’s a