Three Must-See Charts on S&P 500, VIX, Crude

Katie Stockton from Fairlead Strategies provides an analysis of the S&P 500, highlighting its recent trading below support levels and potential corrective phases. She discusses the VIX, noting its overbought status and expected volatility contraction. The crude oil market is examined, with a focus on short-term momentum and support levels. Finally, tech stocks are reviewed, emphasizing their positive relative strength and potential market impact following earnings reports.

What is the significance of the S&P 500 trading below the support level of 3357?

How does the VIX relate to the S&P 500 in terms of market conditions?

What are the implications of crude oil prices dropping below the $37 per barrel support level?

What is the expected market behavior following the earnings reports of major stocks?

What factors contribute to the potential bounce in the broader market as mentioned in the analysis?