To gain an edge, this is what you need to know now.

Weak JOLTS Report

Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX).

Note the following:

  • In the Morning Capsule, we shared with you:
  • On the flip side, RSI on the chart shows that the stock market is very overbought.  When the stock market is this overbought, it does not take much to push it down.  Even though the bulls are focused on low liquidity ahead to push the stock market higher, low liquidity is a double edged sword.