Coach Mark here.

The stock market is currently experiencing a correction and the question on trader’s minds everywhere over the last few days is how far can it go? A new Trading Justice podcast is out to start the week and my bother Matt and I discuss that topic and you can listen to it here or watch it on our YouTube channel here.

To understand market corrections, you must understand technical analysis. We are blessed at Tackle Trading to have some of the best in the business in that area including my brother Matt. In the podcast, Matt breaks down the current technicals, discusses the specific zones where support may form in this correction, and talks about some of the things you will want to see to give clues that the correction has ran its course or if it could lead to something bigger. He also discusses what type of upward price action would lead him to fade the market. It is a timely podcast and one you certainly should listen to if “how low can it go” has been on your mind the last few trading sessions.

In the podcast we also discuss the current earnings season, the catalysts that could emerge this week, an update on the Fed and a brief discussion on the geopolitical backdrop. Once again, you can listen to it here or watch it on our YouTube channel here.

Have a fantastic start to your week and join us on the Halftime Report as we continue the conversation on our Macro Monday edition where we preview the week ahead.

Chart of the Day: S&P 500 Futures (/ES)

Market up a tad to start the day but this one is going to take a minute to provide a quality pattern for the bulls as we do not have an intraday support level that has held and we have falling moving averages that can act as resistance in multiple places.

Today’s lineup

Traders Lounge 11 AM EST

Join the coaches in this live lounge, ask questions, discuss ideas or just sit back and listen to veteran traders discuss market conditions.

Halftime Report 12:30 PM EST

The Halftime Report starts at 12:30 EST and covers what news is driving the market, chart analysis from the movers and shakers of the day, and fun in a way that only the Coaches at Tackle Trading can deliver.

Weekend Reports

Watch the Stock, Options, Commodity, and Tackle Newsletter Reports to help you prepare for the week.

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