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In this video, Ira Epstein discusses the recent trends in the stock market, noting consecutive rallies and the potential for a Tuesday reversal based on historical patterns. He highlights upcoming economic reports, such as the National Federation of Business Index and US Advanced Retail Sales Data, which could impact market movements.
Epstein also touches on the ongoing US-Iran situation and its implications. He analyzes the S&P 500's performance, noting it remains above the 18-week average, suggesting a longer-term upward bias, while also observing changes in Bollinger Band patterns indicating market volatility.
Video Length: 00:11:32
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