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 mixed last night. * Fed announcement and Powell press briefing today! * Earnings reactions. *Dow -46, S&P +5, Nasdaq +26, Russell -2. (10:10 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).Watch the VIX - (CBOE Volatility Index) - The Vix is still under 20, not a concern currently. Today's Economic Calendar: 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.2:00 PM, FOMC Meeting Announcement. No change to policy is expected at this meeting.2:30 PM, Fed Chair Jerome Powell holds a press briefing following the FOMC announcement. THE CHARTS: (NOTE: Charts are a guide, do other research as well.) BRIEFING: The markets had another mixed day on Tuesday with no changes to our charts. * We still have a declining Money Flow to keep an eye on. Also we marked the SPY 420 as a possible resistance area. * Currently we seem a bit toppy, or need a rest, etc. Besides technicals to ponder, we will be seeing many earnings reports and the reactions top them. On the longer term 8-month chart the trend looks very positive. * If you have any questions ask us! * 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: None. POSITIVES: The MACD is positive.The Money Flow is positive, but declining.We are over the 20-day moving average, which is rising.We are over the 50-day moving average, which is rising.We are over the 200-day moving average, which is rising. NEGATIVES: Declining Money Flow.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.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 neutral. The Money Flow is positive, declining. MA +/- (slope): The 50-day MA (397.16)(+0.52) and the 200-day MA (361.14)(+0.52) The 8-month chart (below). We are above the SPY 403 support level. The market continues to climb in an impressive up-channel. Longer-term things look really good. STOCK PICKS: Current trading favorites: AUPH - Aurinia Pharma, EPZM - Epizyme, EXEL - Exelixis, HZNP - Horizon Therapeutics (A big winner for us last year), IOVA - Iovance (Low 30s 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. * 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. .