I’m not sure the buyers (bulls) know the meaning of a “pullback” but here we are, near the highs again. All joking aside, Here’s today’s updated Emini (@ES) trading levels for your trades: There’s no major update today other than the smaller “abc” pullback toward the 2,200 target. Buyers stepped in once again, not patient…

We’ve seen all markets trend strongly after the US Election and Thanksgiving holiday November events. Let’s first take a look at these stellar, persistent intraday trends and then balance the odds of future short-term reversals: Here we see the “Quad-Market” or Intermarket Grid I use in my more detailed/lengthy Intermarket Reports. The main idea here…

Does Apple (AAPL) go higher or lower from $110?  Build your next swing trade off this logic: Apple shares logically tumbled from the $118.00 level on dual negative volume and momentum divergences. Price extended itself away from the 200 day SMA (red line) and then collapsed back toward it in November. At the moment, we’re…

Wait, the market can actually go DOWN? I had no idea! If you started your trading career in November 2016, I can see how you could think stock prices can’t go down. Hint – they can and do!  And you can make money when they do by short-selling the market (or buying inverse ETFs)! All…

Breakout? Pullback? Extended Uptrend getting more extended? Divergent Reversal? Let’s plan! Here’s today’s updated Emini (@ES) trading levels for your trades: We have a new Fibonacci Grid for the moment that will remain active on an eventual retracement from the high. We’ll keep extending it higher – from the earlier low – until we do…

Expectations for future “stimulus” and transportation/spending projects from the new Republican administration sent raw materials stocks – and futures contracts – surging after the US Election. Here’s the quick update – after a stellar breakout – for US Steel (X) by request: On the Daily Chart above we see a positive momentum divergence in October…

Breakout? Pullback? Extended Uptrend getting more extended? Divergent Reversal? Let’s plan! Here’s today’s updated Emini (@ES) trading levels for your trades: We have a new Fibonacci Grid for the moment that will remain active IF price does retrace from the high. We’ll keep extending it higher – from the earlier low – until we do…

Breakout?  Pullback? Extended Uptrend getting more extended?  Let’s plan! Here’s today’s updated Emini (@ES) trading levels for your trades: We have a new Fibonacci Grid for the moment that will remain active IF price does retrace from the high. We’ll keep extending it higher – from the earlier low – until we do get that…

Will it – or won’t it – break through to new highs?  Or will we see a logical pullback? Here’s today’s updated Emini (@ES) trading levels for your trades: We have a new Fibonacci Grid for the moment that will remain active IF price does retrace from the high. Note the build-up of negative momentum…

Well that was exciting while it lasted – and it didn’t last long. Shares in Dry Ships (DRYS) – a highly speculative stock – crashed to the ground today. While the trading community has been abuzz with Dry Ships (DRYS), I posted twice about the rally on the way up (with retracements) and now let’s…