Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for May 14.

A correction that becomes apparent on the weekly charts would be ideal since it would open the door for some stronger upside momentum again without concerns of the market being too extended already.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for May 11.

Even though the market has been struggling at the highs, we still are not seeing any strong change in momentum or any upside exhaustion move that would allow for a longer daily correction just yet.

Derek Frey explains a long put in July orange juice futures.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for May 10.

To arrive at a price objective, the trader can base his decision on the height of the pattern. Read more from Andy Swan.

Derek Frey explains a long put in June 30-year US Treasury Bonds.

It is expected that the Fed will leave interest rates unchanged on Wednesday, so most of the focus will be upon the wording used in their statement.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for May 9.