Moxie Indicator Minutes

February 2023

Moxie Indicator Minutes

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Target Hit on SPY Pullback

by TG Watkins

This week, the SPY pulled backed to the Daily 50-SMA, which was the target TG was looking for. Now it seems price is trying to hammer out a local bottom... Read More 

Moxie Indicator Minutes

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Larger Pullback Could Be Forming

by TG Watkins

We got the little pullback to SPY D21 correct last week, which left us wondering if it was going to be major support, or just minor support before the bigger pullback... Read More 

Moxie Indicator Minutes

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Ready for the Pullback

by TG Watkins

In this week's edition of Moxie Indicator Minutes, TG explains how we could see the pullback building this week, with breadth weakening and many stocks being in extended positions that made getting long a risky proposition. This is good though, and was needed... Read More 

Moxie Indicator Minutes

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The Market Liked FOMC

by TG Watkins

Whether its a short squeeze or more buying, the market went up a few minutes after Jerome Powell started speaking today. Yes, there might be really negative economic data coming sometime in the future... Read More