I’m very excited about a special upcoming opportunity with Trader Kingdom where I’ll collect my experiences and examples and share those with you in a live educational webinar entitled “Ten Tips for Trading Trend Days.” Pardon the purposeful alliteration but you’ll learn valuable tips and tactics for trading my favorite type of intraday environment –…
How in the world do you make any actionable sense at all of this pattern seen below: Is it a Diamond? Is it a flat range? Where are the Trades? What in the world is going on?! When markets consolidate into a Sideways Trading Range, it can be difficult to feel confident about any trade…
Buyers continue to enact their will on the market, preventing what would otherwise be a logical retracement. Note the near-term buy-program levels that have served as key price support – the levels have risen today. Let’s take a look at the current picture and plan the next step: As we slide into the Memorial Day…
I really found John Carter’s new video training interesting and learned a few facts I had never considered before. Hedge funds can propel a low-priced stock higher and John shares a few insights in a new video about what factors often precede these explosive price movements. Money rotates within the stock market and there are…
When we last left Crude Oil in our updates, it was trading down into a known support level and we were planning for a support-bounce or else support-break outcome that would set up our next trade. With Crude Oil indeed bouncing off our support level, let’s step inside the price action to study a perfect…
The market was at risk for a “Melt Up” or “Collapse Higher” today and heated up toward a Melt Up Breakout. Let’s take a look at the current picture and plan the next step: Here’s a snippet from Friday evening’s Premium Member Strategy Report that forecast today’s rally: Thus we’ll officially label our DOMINANT thesis…
Is today the day price will break violently higher in a short-squeeze… or else fall back lower within the key price levels of the rising wedge pattern in the S&P 500? With no resolution yet, let’s update our charts and plan, plan, plan: Before jumping into today’s analysis, be sure to check out prior updates…
Let’s dig a little deeper to find which stocks are participating with today’s spastic trend in money flow (or short-squeeze bearish stop-losses) and focus on the leading stocks (and avoid the laggards). The Grid below helps us pinpoint Dow Jones leaders and laggards for possible opportunities: The scan above is created with Trade-Ideas, a service…
What’s happening to Crude Oil and what’s the next tradable swing in price? Let’s update our chart and highlight the key pivot point levels and new targets right now. We’ll start with the Daily Chart retracement in motion: I highlighted to Members last weekend the Negative Divergence as price formed reversal candles and was likely…
The market was at risk for a “Melt Up” or “Collapse Higher” today and heated up toward a Melt Up Breakout. Let’s take a look at the current picture and plan the next step: Here’s a snippet from Friday evening’s Premium Member Strategy Report that forecast today’s rally: “Join the money flow and short-squeeze if…