In today’s video, I show where I believe there is overall market resistance. These are levels where resistance should overtake the recent rally. At that point, a normal auction trade should take over and the market will fall.  This could start as early as Thursday.

 

about the author:

Dan O'Brien

Dan O’Brien has had a long, experienced career as a trader, a broker and an educator. He has a tremendous track record calling trading signals in the S&P 500 and major stock names. Dan has developed all the tools with his over 20+ years of experience in the business - top-notch technical acumen, an in-depth understanding of market fundamentals, a disciplined approach to trading and a patient style of teaching.

Read Similar Articles

January 21, 2026

Could Penny Stocks Be The Big Play In 2026?

Written By: Howard Greenberg As everyday traders put their trading plans into action for 2026, penny stocks might not be on many of their radars. It’s totally understandable why penny stocks may not appeal to the more calculated seasoned traders. Their reputations for susceptibility to manipulation, extreme volatility, and low liquidity make them way too […]

Read Article
January 13, 2026

Credit Card Interest Rate Caps: What Traders Could Expect

A high-profile policy debate has re-entered the financial spotlight surrounding credit card interest rate caps. Last week, President Donald Trump called for a temporary national cap on credit card interest rates. He proposed a maximum annual rate of 10% over a one-year period, starting January 20, 2026. President Trump’s proposal would aim to combat the […]

Read Article
https://www.prospertrading.com/3-day-trading-patterns-for-options/3 Top Day Trading Patterns for Options
January 5, 2026

3 Top Day Trading Patterns for Options

Day trading options requires precision, discipline, and the ability to recognize high-probability setups quickly. While there are countless patterns traders attempt to capitalize on, some consistently offer better risk-reward profiles than others.  At Prosper Trading Academy, we’ve trained hundreds of traders to identify and execute these patterns with confidence. Today, we’re sharing three of the […]

Read Article

Read Similar Articles

https://www.prospertrading.com/volatility-skew-scott-shares-an-intriguing-market-theory/Volatility Skew: Scott Shares An Intriguing Market Theory
March 4, 2026

Volatility Skew: Scott Shares An Intriguing Market Theory

Volatility skew is the difference in Implied Volatility (IV) between out-of-the-money (OTM) calls and puts with the same expiration date. It signals market sentiment by showing whether traders are paying more for downside protection (puts), or upside potential (calls). As a result, this type of trading action creates a “skewed” shape in the volatility surface […]

Read Article
https://www.prospertrading.com/six-ways-to-put-synthetic-trading-into-action/Six Ways To Put Synthetic Trading Into Action
March 1, 2026

Six Ways To Put Synthetic Trading Into Action

Have you ever heard of synthetic trading? In a nutshell, it’s a unique trading strategy, where traders use combinations of options contracts—and sometimes the underlying stock—to replicate the risk/reward profile of another position. The type of position a trader might try to replicate could include owning stock, shorting stock, or holding a single call or […]

Read Article
March 1, 2026

War, What is it Good For?

Edwin Starr made this song famous back in 1970 and we are about to see how it may impact global markets in the coming weeks. This past week, financial and tech stocks were hit hard by a handful of persistent investor worries on Friday, with U.S. stocks suffering their largest monthly percentage declines in a […]

Read Article