Will the Market Finally Start Moving Up This Week?

Will the Market Finally Start Moving Up This Week?

Posted On June 6, 2022 12:45 pm

It’s been a tough month.  Heck, it’s been a tough year so far…

And I’m not sure it’s over.

However, there does seem to be some light at the end of the short-term tunnel.  

This morning, I sent this alert to my Options360 subscribers.  


Stocks look like a move higher this week as some see signs of inflation ebbing and the possibility that next week’s Fed meeting won’t bring any hawkish surprises.

The chart is a small bullish flag building above the $414-$415 level.

spy spdr stock chart 2022

I hope you find this useful, and if you want to trade I recommended this morning you can get it by going here and taking a trial subscription.  

Back to the charts for me.  Talk to you soon. 

To Your Success,



PS. Just to be clear, I am NOT suggesting that everything is great and the market will resume its “to the moon” growth rate.  

Just the opposite really,  it’s still a tough market and we still need to be careful.  That’s why more and more people have decided to take the trial subscription to Options360.  

With a pro on your side, doing your research full time – you increase your chances of profits drastically.


About author

Steve Smith

Steve Smith have been involved in all facets of the investment industry in a variety of roles ranging from speculator, educator, manager and advisor. This has taken him from the trading floors of Chicago to hedge funds on Wall Street to the world online. From 1987 to 1996, he served as a market maker at the Chicago Board of Options Exchange (CBOE) and Chicago Board of Trade (CBOT). From 1997 to 2007, he was a Senior Columnist and Managing Editor for TheStreet.com, handling their Option Alert and Short Report newsletters. The Option Alert was awarded the MIN “best business newsletter” in 2006. From 2009 to 2013, Smith was a Senior Columnist and Managing Editor for Minyanville’s OptionSmith newsletter, as well as a Risk Manager Consultant for New Vernon Capital LLC. Smith acted as an advisor to build models and option strategies to reduce portfolio exposure and enhance returns for the four main funds. Since 2015, he has worked for Adam Mesh Trading Group. There, he has managed Options360 and Earning 360, been co-leader of Option Academy, and contributed to The Option Specialist website.