For traders trying to decipher if this market has enough energy to keep going higher this week, follow the 20-day moving average on the S & P 500 , according to NYSE insider Jay Woods . (Watch the video above for the full insight.) Woods, in his exclusive video for CNBC PRO that looks at what traders are really watching in the week ahead, said that the benchmark has only closed below this moving average four times this year, but never two times in a row. “Each time we get to that level, this market rallies, but the rallies have been a little softer,” said Woods. If it threatens to close below that level for multiple days, that could be a big warning sign for the market. The S & P 500 posted its fourth weekly gain in the last five last week. The chief market strategist at Freedom Capital Markets believes another good “tell” for the market will be the Consumer Discretionary Select Sector SPDR fund (XLY) . Woods reveals the levels to watch for a breakout in that ETF or where to buy if it breaks down. Woods is also watch this week: If Monday’s recovery can shake off the skittishness felt during Friday’s rough market reversal . Wednesday’s producer prices inflation data at 8:30 a.m. ET The more important consumer prices inflation data at Thursday 8:30 a.m. ET. “Maybe we talk” a half-point cut next week if this comes in OK, he said. Whether the Supreme Court will make a decision upholding Trump’s tariffs… Adobe’s earnings Thursday after the bell… The stock is in a “nasty longer-term downtrend,” said Woods, and he points out a support level to watch the could trigger a 10% flush if it fails to hold. Under-the-radar stock to watch: cybersecurity play Rubrik out with earnings Tuesday after the bell. (This weekly Monday video is exclusively for CNBC PRO subscribers.)