SPY Charts and some Technical Analysis News to keep in mind Today - Today's Economic Calendar - The Charts - Opinion - Stock Picks. News to keep in mind Wednesday morning: Futures trade vs fair value were trading slightly higher late last night. Note: ADP Employment Report due out this morning.Dow +44, S&P +10, Nasdaq +95, Russell +4. (10:40 pm ET).We still look ok technically - But use "Caution" message has been on here for a while for a reason. (Quick sell-offs are a possibility at anytime - so we continue to leave this note).The biggest factors in the market right now are; the Fed, Coronavirus headlines, how the economy is re-opening or not, the Global Economy, China, and upcoming elections.Watch the VIX - (CBOE Volatility Index) - remains a bit elevated, but we are now under 25 on the Vix and had drifted lower as stocks continue to move higher. Monday the Vix rose as the Dow dipped, keep an eye it. Today's Economic Calendar: 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.8:15 AM, The ADP Employment Report for August. This report is for private payrolls only (no government). The consensus is for 900,000 payroll jobs added in August, up from 167,000 added in July. THE CHARTS: (NOTE: Charts are a good guide, but when a tweet or news item can jerk the markets around, they mean a bit less.) BRIEFING: We continue the almost daily broken record higher again on Tuesday. The S&P 500 and the Nasdaq rose to new all-time highs again. On our charts the Stochastics are still overbought while the Money Flow and the MACD are still strongly positive. The momentum behind the move upward is still strong, but the overbought Stochastics tells us a pullback or break for the markets has a good probability. Although so far the market just keeps doing it's thing.* Don't risk to much, there is still a lack of CERTAINTY in the markets. * IF wanting to gamble: Options trades on these ETFs will give you a way to place your bets. $TQQQ - $SQQQ - $SPXL - $SPXS. * Beware - levered ETFs are subject to decay and are not for long-term holding. * CHANGES: New highs. POSITIVES: The MACD is a strong positive.The Money Flow is a strong positive.We are over the 20-day moving average.We are over the 50-day moving average, which is rising.We are over the 200-day moving average, which is rising. NEGATIVES: The Stochastics are overbought.What about the Fundamentals? Virus, Economy & Jobs, Elections, Politics, The FED, and China troubles?A lot to think and worry about.The Vix is still a bit high and may remain high for the foreseeable future. OPINION: Currently we are above the 20-day, 50-day and 200-day MAs. (Bullish).The 20, 50 and 200-day MAs are both heading higher now. (Positive slopes). This is bullish.Technically the market is in good shape, but keep in mind the fundamentals are questionable currently and a bit unpredictable along with lingering virus fears to deal with. There is a cloud of uncertainty / a wall of worry to climb.We still say "Use Caution" for a reason. Do not over risk yourself or over leverage yourself.We are still susceptible to large drops or dips with a level of uncertainty.Look for trading opportunities that could result and have your trading lists ready. * Do not use MARGIN at this time unless absolutely certain of your trade! *INDICATORS: The MACD is a strong positive. The Stochastics are overbought. The Money Flow is a strong positive. MA +/- (slope): The 50-day MA (326.85)(+0.84) and the 200-day MA (306.31)(+0.24) The 9-month chart (below). We are well above the 200-day moving average (306.31) which is strong support. (Bullish). Also well above SPY 320 which is a solid support level. 340 is possible support next / a good stop point. STOCKS: (Our most recent FULL TRADING LIST is posted here). < Favorites & Trade Ideas > <-- Click here for the quotes, details, news and opinions on our current Favorites and Trade Ideas! Current trading favorites: AMRN - Amarin, AUPH - Aurinia Pharma (Their Lupus drug is on a path to approval), EPZM - Epizyme, EXEL - Exelixis, HZNP - Horizon Therapeutics, IOVA - Iovance (Is at an attractive buy level), IMMU - Immunomedics (Buyout possibility after successful drug launch). KPTI - Karyopharm, TGTX - TG Therapeutics (Our Top Pick!).If your thinking longer-term/income: T - AT&T is worth a look - high dividend yield.Tech Picks: CRWD - CrowdStrike, DT - Dynatrace. * Feel free to share your list/picks in the comments below. Disclosure: I may trade in the ticker symbols mentioned, both long or short. My articles represent my personal opinion and analysis and should not be taken as investment advice. Readers should do their own research before making decisions to buy or sell securities. Trading and investing include risks, including loss of principal. If you liked this article, please click the LIKE (thumbs up) button. Feel free to leave any comments, question, or opinions. (Sign-up if you haven't already done so)! Follow us/bookmark us and check back occasionally for additional articles or comments on our page... Wild Tiger Trading - start/main page. With our Daily Trackdowns, check back for additional analysis/observations during the trading day in the comments by us or our readers. .Are you interested in trading stocks to supplement your income or make a living? Maybe become a professional trader? Many traders have the skills and nerves to trade, but not the upfront capital.Well now that problem is solved!Try2BeFunded has expanded its trading program! If you're a novice or experienced trader, you can earn access to a trading account with up to $100,000! To learn more about how to qualify, click HERE and give it a shot! You have nothing to lose it is free to try. Give Try2BeFunded a try! .