Hello Everyone,

Quick Summary:

The implied move for the upcoming week has dropped to 89 points reflecting increased complacency in the market (last weeks range was also 89 points with a hesitation doji candle). However, the upcoming week brings some potential catalysts including CPI, retail sales and the start of earnings (on top of tariff banter which has increased of late). The daily charts of the SPX,QQQ, and IWM are now displaying some RSI divergence with five waves up on the intermediate view (near or completed) and thus I'm more cautious at this stage. With that being said, we have yet to see a change in structure (no breaks to the downside) with higher highs and higher lows still intact. 

Here's a link to Tonight's Newsletter.

Please take a moment to look at the trade ideas.