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 Monday morning: Futures trade vs fair value were trading higher late last night.Dow +220, S&P +26, Nasdaq +103, Russell +15. (8:25 pm ET).We still look good technically (As long as SPY 320 holds) - 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, remains in the mid-20s. Today's Economic Calendar: 10:30 AM ET, the ISM Services Index for September. 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: Friday we had news and reaction to President Trump testing positive for the Covid-19 virus. The markets were down as this rattled traders and added some volatility. We had a bunch of changes to our chart indicators. Unfortunately we have dropped back below the 50-day moving average. Technically we do not like being under the 50-day MA, but as we write this the futures are up for Monday's open and we may stay near this level or get back above the 50-day. Stay tuned and keep an eye on this. We have changed all 3 of our chart indicators to neutral readings after Friday's close. The MACD, Stochastics, and the Money Flow all ended up with neutral ratings. Not necessarily a bad or good thing. That all said above, that leaves us currently in a large trading range between SPY 320 and SPY 340. We consider SPY 320 is a strong support area and SPY 340 a strong resistance area. The 320 line could either be used a stop out point or a buy point depending on your outlook and/or risk tolerance. The 340 resistance line could be used to take profits or lighten up some positions. * 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: The MACD, Stochastics, and Money Flow all went to neutral readings.We dropped back below the 50-day moving average. POSITIVES: We are over the 200-day moving average, which is rising. NEGATIVES: We are below the 20-day moving average.We are below the 50-day moving average.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 still above the 200-day MAs. (Bullish).Back below the 50-day MA. (Bearish).We see a sideways / slightly higher - range bound type of market for the moment.A stock pickers market.SPY 320 as support and SPY 340 as resistance.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 neutral. The Stochastics are neutral. The Money Flow is neutral. MA +/- (slope): The 50-day MA (334.60)(+0.25) and the 200-day MA (308.05)(+0.10) The 9-month chart (below). We are well above the 200-day moving average (308.05) which is strong support. (Bullish). We are above the SPY 320 line, which is a strong support level. While SPY 340 appears to be strong resistance. 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: $AUPH - Aurinia Pharma (Their Lupus drug is on a path to approval), $EPZM - Epizyme, $EXEL - Exelixis, $HZNP - Horizon Therapeutics (A big winner for us this year/tripled), $IOVA - Iovance, $KPTI - Karyopharm, $TGTX - TG Therapeutics (Our Top Pick!).If your thinking longer-term/income: $T - AT&T (7%), $XOM - ExxonMobil (10%) - high dividend yields.Tech Picks: $CRWD - CrowdStrike (Although be aware it has a high valuation now), $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! .