Is this the Bottom or are Stocks Stuck in a Channel?

Earnings have been better than expected and that helped the S&P 500 jump up off support. Will this bounce hold or should traders watch resistance to send prices back down this week? The divergence between a strong labor market and consumer spending vs. other weak fundamentals, such as inflation, manufacturing, and shipping makes this market a tricky one to trade, but there are still profits to be made.
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[@Simplenon]

I like the commentary and analysis . Amazing channel , thank you Learning Markets.

[@edmoore2517]

Wow helpful. A good look at what might go up and what might go down. Like the macd stuff too

[@infxmhc]

I love the content John. thank you

[@Simplenon]

Excellent explanation on how to use the MACD. I suggest you clip that part and post it as how to video by itself from experience videos with how to title tend to get a lot of views.

[@LearningMarkets]

Great suggestion!

[@user-on8rx2oh7f]

Hi John. Hope all is well. In your next presentation, I would grateful if you could provide your assessment on XOM.
Many thanks, A. Lunding Lomma, Sweden

[@azarse]

Thanks for the analysis. How many wrist watches do you own?

[@valentinkitov622]

what's your take on Twitter stock? Thank you!

[@normalizedaudio2481]

That's my big question too. Technical support?

[@VincentRomerofunkyv]

It appears the Russell 2000 is outperforming the S&P 500 recently. Do you think this has to do w/ a risk on sentiment or is this because the rising Dollar doesn’t affect small cap stocks as much?

[@kevinb3989]

I did a Fibonacci retracement of the last 2 pullbacks on TNX. The 200% level for both line up near 44.25. Is it likely that could be the top? How intrusive might that be for the market & is that out of the norm prior to ZRIP? It looks to me that was about the same level prior to the Fed's easing policy.

[@lesclaypaul]

John - are you still bearish on oil towards the end of 2022 given many analysts think a recession is likely a ways off? Thanks and can’t wait for your next video!