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 Tuesday morning Futures trade vs fair value were trading just above unchanged last night.Dow +20, S&P +2, Nasdaq +10, Russell +1. (9:05 pm ET).We look good technically - But use "Caution" message has been on here for a while for a reason. (Quick sell-offs and/or getting overbought are a possibility at anytime - so we continue to leave this note).The Vix has dropped to the mid-teens. This could be a sign of risk being put back on. Today's Economic Calendar: 8:00 AM ET, Corelogic House Price index for April.10:00 AM, ISM Manufacturing Index for May. The consensus is for the ISM to be at 61.0, up from 60.7 in April. The employment index was at 55.1% in April, and the new orders index was at 64.3%.10:00 AM, Construction Spending for April. The consensus is for a 0.6% increase in construction spending.10:30 AM, Dallas Fed Survey of Manufacturing Activity for May. This is the last of the regional surveys for May. THE CHARTS: (NOTE: Charts are a guide, do other research as well.) BRIEFING: The markets had a slightly up day to close last week on Friday. This left the SPY 420 right on top of the resistance/top line we have on our charts. I expect there will be another attempt to cross above 420 sometime soon. We had one change to our chart indicators today, the Money Flow has been declining the last few sessions and is negative now. This needs to reverse course or we may have a problem. On the longer term 8-month chart the trend is still positive. The longer-term uptrend is still intact. * If you have any questions or opinions to add please do so! * 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: The Money Flow dropped to negative. POSITIVES: The MACD is 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 Money Flow has been declining and is now negative. (Bearish).Possible market top or trading range in the future?Thinking about the Fundamentals, Valuations, Virus news, the Economy, Jobs, Politics, The FED, etc.?Some things out there to worry about still! Or a wall of worry to climb as the saying goes. OPINIONS: Longer-term we are still bullish. The 8-month chart shows a strong uptrend.Short-term it looks like we may try to make new highs.Some risks to the markets still remain.Longer-term question to ask? When will the Fed's easy money and the stimulus sugar run out?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.Look for trading opportunities that could result and have your trading lists ready. * Be careful if using MARGIN, be certain of your trades! *INDICATORS: The MACD is positive. The Stochastics are high/neutral. The Money Flow is negative/declining. MA +/- (slope): The 50-day MA (410.45)(+0.60) and the 200-day MA (371.92)(+0.43) The 8-month chart (below). We are above the SPY 403 support level. 420 currently resistance. The market continues to climb in an impressive up-channel. Longer-term things still look good. STOCK PICKS: (For trades and/or investments.) Current trading favorites: $AUPH - Aurinia Pharma, $EPZM - Epizyme, $EXEL - Exelixis, $HZNP - Horizon Therapeutics (A big winner for us last year), $IOVA - Iovance (Under 30 is a good place to buy), $KPTI - Karyopharm (Good buy under $10), $SGMO - Sangamo, $TGTX - TG Therapeutics (Our Top Pick!), TRIL - Trillium Therapeutics.Tech Picks: $CRWD - CrowdStrike (Be aware it has a high valuation.)Also watching: $IMGN, $VKTX. * TGTX is oversold and a great buy at current levels. * * 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. .