The market is trying to erase cumulative breadth divergences which appeared at the last several all-time highs. Let's keep an eye on NYSE breadth through the end of the day. Even if they can erase divergences, +800 or so on breadth isn't a great way to make a new high.

Today's S&P 500 new all time highs came with some warnings signs. I talk through them in this video

I’m sure there’s a life lesson and maybe a trading lesson to be learned from this ponderosa pine

Taking a break from markets this week. Taking a break from my break to let you know Voodoo Lines is part of the July 4th sale at ⁦@simplertrading⁩ - if you’ve been wanting to add this tool to your charts you can do it at a discount with code JULY25

Carney Always Capitulates Afterward CACA. Do we have a CACA trade?.

Is the bigger battle brewing between Washington and Tehran who can come up with better code name for operations?.

Airstrikes on Iran: Will Markets CRASH or SOAR? via @YouTube.

For longer-term positions I'll wait to see if a move down begins to show the patterns associated with a trend move. So long as it doesn't I'll stay long. I have no idea what will happen -- I just have a plan. We'll be trading it live Monday in the Voodoo Mastery room.

We'll some reaction in futures Sunday night, but I care most about price action during Monday's New York session. Traders, like politicians, need their red lines. Mine is the SPX 5925 Voodoo fireline -- literally a red line. Below that level and I'll exit short-term positions.

Our trading agenda for Monday is now clarifying with a U.S. air strike on Iranian nuclear facilities. From the perspective of markets, it doesn't matter whether a situation traders were worried about happens. The only thing which matters is how the market reacts after.

While we could be getting closer to a market pullback, we should remember that we're acting under the influence of a recent Zweig Breadth Thrust signal which suggests additional upside and that pullbacks should be bought.

I just put together this video comparing my new Big Picture Oscillator to the S&P short range oscillator. Watch it and tell me which one you like better. Big Picture Oscillator May Be Better Than the S&P Oscillator. via @YouTube.

via @YouTube.

I suppose we shouldn't be surprised to see futures sell off as Moody's downgrades U.S. debt. But really, are there new worries about deficit spending this afternoon which didn't exist this morning?.

Last Friday my equity curve was at an all-time high. Today tacked on an additional 3%. Celebrated with my next-to-last bottle of 2002 Chateau Pichon Lalande and wood-grilled rib eye. This wine was my first ever trade in the futures markets over 20 years ago and took delivery.

Stagflation is back as the word of the day.

RT @TradingBruce: We are reaching the prior ES level from 4/9 and a VooDoo Snowline . do we fail from here? @TraderTammy1 @simplertradi….

Marty Zweig's breadth oscillator is threatening to give us a long-term bullish Zweig Breadth Thrust signal. The oscillator is currently above 61.5 and if it's there at the close, then we'll have an official signal. It would also be valid with a close above tomorrow.

When the equity book looks ugly, it feels good to be able to hold the asset which is working.

2 weeks ago, in my 2025 outlook webinar, I shared expectations of an SPX bounce followed by a turn back down toward 5200. That outlook let us build a hedge strategy in our trading rooms. A strategy which let me eke out $3,505 profit today when the value of my stocks dropped $94k.