Subscribers Special Report Via -TradesAfterWorkPosting this to share with our readers: (We really like these Weekly Technical Briefs by TaW).The Daily chart of the Nasdaq Composite Index, below, is showing that the bulls are attempting to get back into the game. The price of the index closed above the 12 Day SMA, which is necessary for the Composite to get some footing. However, the market's short-term trend is still negative.The Weekly chart of the Composite gives evidence as to why some caution is still merited in these markets. Notice how the PPO, which is a momentum indicator, has crossed down for the first time since the March 23rd low. For the bears and bulls this indicates that the negative momentum in the market has increased. That tells us this week is a good week to see if the negative momentum sticks or if the bulls can get some traction and turn the short term momentum back to positive.This chart of the S&P 500 Index shows 3 strikes against the bulls; the PPO is negative, the price of the index is trading below three of its major moving averages: the 12 Day SMA, 21 Day EMA and 50 Day SMA, and last, the RSI is below 50. All these will need to be corrected to get the bulls back into play.Learn more about them here - TradesAfterWork.comDisclosure: 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!.