Join Corey for a Webinar on Breakout Trading Strategies Wednesday After the Close

I’m pleased to announce that I will be conducting a webinar training session hosted by Mirus Futures and Trader Kingdom entitled: “Trading Intraday Breakout Plays” at 3:30 CST / 4:30 EST this Wednesday after the market close on July 21. For full information, and to register free, visit the sign-up page via Trader Kingdom here….

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The Bull Bear Support Line in the Sand for BAC

Bank of America (BAC) shares fell sharply recently after releasing earnings on Friday. On Monday, shares crossed under the major Support “Line in the Sand” from the daily and weekly timeframe, so let’s take a quick look at that level and what to watch as investors grapple with the reality of a potential major breakdown…

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Quick Andrews Pitchfork Trendline Update on the SP500

Let’s take a quick look at something very interesting in the daily Andrews Pitchfork auto-trendline tool in the S&P 500. SPX Daily: Click for full-size image. This is the same Andrews Pitchfork trendline tool I’ve been showing in various updates on the blog and for members. Main idea?  Starting the grid with the November 2008…

SPX Tests Critical Daily Resistance Cluster July 13

Rallying off positive earnings announcements, the S&P 500 hit the overhead confluence resistance price target this morning at 1,090, and the question now is “Will the resistance hold?” and “If not, where is the next pocket of overhead resistance to target?” Good questions!  Let’s see the answers: As I’ve been showing to Idealized Trades members…