Until we get a deeper pullback in the market, we’ll have to turn our focus to our new short-term Fib Grid. Here’s today’s updated Fibonacci and Emini (@ES) trading levels for your plans and trades: Here’s a reference guide of how to use and trade from these morning updates. The bulls have been tricking us…
“Fool me once, shame on you. Fool me twice, shame on me.” That’s exactly how it feels right now with this “Ok I’m pulling back now… just kidding!” market. Here’s today’s updated Fibonacci and Emini (@ES) trading levels for your plans and trades: Here’s a reference guide of how to use and trade from these…
Buyers continued to short-squeeze the market through to new all-time highs! Let’s update our levels for the S&P 500 Index and note the big trending stocks today: We’ve seen numerous bullish upside gaps result in bullish trend days lately as the short-squeezed bullish rally continues. Today we saw a surprise break through the 2,160 level…
We look for “strong stocks getting stronger” because they offer better chances of profiting from joining into the strong trend. Take a look at this week’s post on the “Top Ten Stocks Breaking to New 52-Week Highs” for more info. YUM! Brands is such a stock that power-gapped higher this morning after its earnings report…
Despite tricking us into believing the market would actually pull back (retrace) yesterday, the bulls proved they had one more ace up their sleeve. Here’s today’s updated Fibonacci and Emini (@ES) trading levels for your plans and trades: Here’s a reference guide of how to use and trade from these morning updates. The bulls tricked…
Retracement grids don’t help us when the market is breaking higher and NOT retracing! However, today’s session may be the beginning of a short-term retracement in price and if so, these updated target levels are very important. Here’s today’s updated Fibonacci and Emini (@ES) trading levels for your plans and trades: Here’s a reference guide…
We believe you should focus your swing trades (and longer-term investments) in “strong stocks getting stronger” as opposed to finding weak stocks that may hopefully one day reverse. Find what’s strong, jump in, and profit from the trend and relative strength. With the S&P 500 breaking through to fresh new all-time highs this morning, seventy-nine…
A better than expected Jobs Report Friday and stimulus optimism set the stage for a breakout beyond 2,100 and Trend Day into the “Open Air” pocket beyond the recent @ES swing high. We’ll keep pulling our grid higher to keep up with the breakout ahead of a future retracement play. Here’s today’s updated Fibonacci and…
Jobs are expanding everywhere! That’s the take-away from the stock market today to the better-than-expected June Jobs Report. Let’s update our levels for the S&P 500 Index and note the big trending stocks today: Once price gapped up away from the 2,100 pivot level, the buyers overpowered the short-sellers as sellers became buyers (to cover…
A better than expected Jobs Report this morning set the stage for a breakout beyond 2,100 and Trend Day into the “Open Air” pocket beyond the recent swing high. With that, we pull up our Fibonacci Grid to take into account the extended new high. Here’s today’s updated Fibonacci and Emini (@ES) trading levels for…