SPY Charts and some Technical Analysis\r\nToday's Economic Calendar - The Charts - Opinion - Stock Picks.\r\nToday's Economic Calendar:\r\n6:00 AM ET, NFIB Small Business Optimism Index for September.10:00 AM, Job Openings and Labor Turnover Survey for August from the BLS.\r\nTHE CHARTS:\r\n(NOTE: Charts are a guide, do other research as well.)\r\nBRIEFING\/OPINIONS:\r\nThe markets had another pullback\/dip on Monday. The day started positive, but dropped later in the day.\r\nTechnically the market is still looking a bit weak. On our chart indicators, we had no changes. Currently the futures for Tuesday's open are a bit down. We will see if our tentative trading range support line at SPY 430 holds up or not. Currently we have 430 to 440 as a possible range.\r\nA sideways range bound market may be the next pattern to develop.\r\nSPY 425 has been our strong support level and we expect this to hold. This level could also be considered a stop area for some traders if it does not hold.\r\n* If you have any questions, opinions, or comments to add please do so! *\r\nIF wanting to gamble: Options trades on these ETFs will give you a way to place your bets. $TQQQ - $SQQQ - $SPXL - $SPXS.\r\n* Beware - levered ETFs are subject to decay and are not for long-term holding. *\r\nCHANGES:\r\nNone.\r\nPOSITIVES:\r\nWe are above the 200-day moving average, which is rising.\r\nNEGATIVES:\r\nWe are below the 20-day moving average.We are below the 50-day moving average.Thinking about the Fundamentals, Valuations, Virus news, the Economy, Jobs, Politics, The FED, etc.?Some things out there to worry about still! Or a wall of worry to climb as the saying goes.\r\nOUTLOOK:\r\nWe could see a sideways range bound type of market for a while.Risk of drops or pullbacks exist. Increased periods of volatility are a possibility as the markets try to figure things out.Longer-term questions to ask: When will the Fed's easy money and the stimulus sugar run out?Will higher inflation cause the Fed to raise rates? Covid still hurting the economy?We still say "Use Caution" for a reason. Do not over risk yourself or over leverage yourself.We are still susceptible to large drops or dips.Look for trading opportunities that could result and have your trading lists ready.\r\n* Be careful if using MARGIN, be certain of your trades! *INDICATORS:\r\nThe MACD is negative. The Stochastics are neutral. The Money Flow is negative.\r\nMA +\/- (slope): The 50-day MA (441.78)(-0.05) and the 200-day MA (412.42)(+0.35)\r\n\r\nThe 8-month chart (below).\r\nWe are above the 425 strong support level, but our previous support lines were broken.\r\nNext step is to see if a new trend emerges or what type of trading range develops in the near term.\r\n\r\nSTOCK PICKS: (For trades and\/or investments.)\r\nCurrent trading favorites: AUPH - Aurinia Pharma (Doing very well lately!), CARA - Cara Therapeutics, EPZM - Epizyme, EXEL - Exelixis (A bargain here), HZNP - Horizon Therapeutics (A big winner for us last year), IOVA - Iovance, KPTI - Karyopharm (Accumulate under $10), SGMO - Sangamo, TGTX - TG Therapeutics (Our Top Pick!), TRIL - Trillium Therapeutics (Got bought out by Pfizer for a huge gain!).Tech Picks: CRWD - CrowdStrike (Be aware it has a high valuation), DT Dynatrace (Good longer-term hold).Also watching: IMGN, VKTX.\r\n** TGTX is a great buy at current levels. Longer-term this will be higher. Accumulate as much as possible. Their pipeline MS drug looks like it will be best in class. **\r\n* Feel free to share your list\/picks in the comments below.\r\nDisclosure: I may trade in the ticker symbols mentioned, both long or short. My articles represent my personal opinion and analysis and should not be taken as investment advice. Readers should do their own research before making decisions to buy or sell securities. Trading and investing include risks, including loss of principal.\r\nIf you liked this article, please click the LIKE (thumbs up) button.\r\nFeel free to leave any comments, question, or opinions. (Sign-up if you haven't already done so)!\r\nFollow us\/bookmark us and check back occasionally for additional articles or comments on our page...\r\nWild Tiger Trading - start\/main page.\r\n\r\n\r\nWith our Daily Trackdowns, check back for additional analysis\/observations during the trading day in the comments by us or our readers.\r\n.