Approaching the Week With a Simple Take - S&P, QQQ, AAPL, Oil

Simple setups for the S&P, QQQ, AAPL and Oil.

Technical Edge — 

• NYSE Breadth: 61% Upside Volume

• NASDAQ Breadth: 47% Upside Volume 

Friday’s trading range in the S&P was the smallest range we’ve had since Jan. 12. Volatility has been cooling off over the past week, although the VIX is still north of $20. 

In a recent video, we talked about how the VIX struggles to stay in the mid- to upper-$30s. In that…