Professional Volume Profile and Look-Out-Below Target Levels for Emini

With the market hanging out at all time highs, drifting back today, what levels should we be clearly watching in the event sellers actually do take charge and price retraces lower? A Volume Profile (at price) Chart gives us these key target levels: Thanks to Think or Swim’s Volume Profile Study, we can pinpoint which…

|

Join Me and Thousands of Fellow Traders at the Money Show Dallas October!

It’s rapidly approaching! It’s your chance to attend the 2017 Money Show in Dallas from October 4th – 7th! Meet up with your fellow traders, attend dozens and dozens of educational presentations, get up-to-date analysis on your favorite stocks and markets, get insights from idea-leaders and experts in the field, demo the latest software and…

Tesla TSLA Breaks a Triangle to Travel Toward the Highs

If you’re a “Tesla Trader,” you’re likely excited about the recent breakout event! Tesla TSLA shares broke a Symmetrical Triangle Trendline that set in motion a breakout buy opportunity as price now travels (likely) back toward the high – or above it. Here’s the pattern and the resolution in motion: After a stellar collapse sent…

A Rapid Return to Risk ON Money Flow in our Quad Market Grid

As if there were never any doubts, equities surged to new all-time highs this week. Beneath the stock market’s action, we’re seeing a sudden surge of “Risk-ON” money flow accompany the stock market’s rally. What does that mean and what’s happening right now?  Let’s find out: We’re seeing our quick “Quad-Market” or “Intermarket” Money Flow…

Emini Still Trades and Bounces within our Grid Sept 6

Our breakout beyond 2,470 was short-lived last week.  Now, we’re back within our grid. Let’s chart today’s @ES Fibonacci Grid in play: After the Labor Day holiday, shares plunged back toward our 2,448 Fibonacci Pivot and reversed powerfully up away from this level, closing back at the 2,458 Fibonacci Target. At the moment, we’re back…

General Electric GE Finds Tiny Rounded Reversal Bounce

General Electric (GE) is a horrendously downtrending stock but we’re seeing a big counter-trend bounce taking place now off support on positive divergences. Let’s step inside this price action, paint a target, and plan for the future swing yet to come: Shares peaked at $33.00 per share last July 2016 and have been strongly downtrending…

Market Slices through Fibonacci Grid like a Hot Knife through Butter

Wow, that was fast!  Stocks rebounded like a rocket off our 2,425 Fibonacci Pivot. Let’s chart today’s @ES Fibonacci Grid in play: I highlight these levels develop a game-plan for the next trading day for our members. The prior gap-down (overnight) sent the market back to our 2,425 level and ended the session at our…