We’re seeing a slight Bull Trap and continuation of our higher frame range for the market today. Let’s update our levels for the S&P 500 Index and note the big trending stocks today: The up-swing rally away from the 2,080 pivot continued with price initially pushing – on negative internal divergences – beyond the 2,100…
Price reversed strongly off the 2,070 @ES level and now trades down from our 2,100 simple level. 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. Despite the Brexit volatility, price remains within a short-term (more…
It’s not just Amazon.com (AMZN) that’s breaking to new 52-week highs today. Let’s take a look at the 10 stocks in the S&P 500 right now that are also breaking out to new highs. As of mid-day July 6th, these 10 “top” stocks in the S&P 500 broke to a fresh new 52-week high. In…
If you’re a casual observer, it might be surprising that any stock could be making new all-time highs after the Brexit volatility. However, Amazon (AMZN) is one of those “strong stocks getting stronger” that did just make a new 52-week and all-time high this morning. Let’s chart it and highlight the pattern and potential pathway…
Our expected retracement continues with a break under our first Fibonacci Support Target. 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. For members, we were discussing the downside targets in the ongoing (expected/dominant thesis) retracement….
We’re seeing a logical sell-swing retracement in the market to a key target level. Let’s focus on it now. Let’s update our levels for the S&P 500 Index and note the big trending stocks today: After four up-days in a row following the Brexit, we’re seeing a stable retracement down away from the 2,100 target…
With negative divergences into a resistance target, we’re seeing a logical retracement down in the @ES today. 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. While I may update this grid to be more specific,…
With the Brexit chaos, shares of Goldman Sachs (GS) plunged to a critical support level and are now bouncing up away from that essential pivot. Let’s pinpoint this level and note the price pathways to trade into the near-term future. Our clear pivot-price level is the $140.00 per share support. Note the yellow highlight above….
Believe it or not July begins afresh today. 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. I brought back the wider (larger) Fibonacci Grid to the members last night and here we are with the…
We’re collectively waking up to a dream where the Brexit happened but in the real world, it didn’t. It was just a dream. Ok that’s not actually true but the violent down-move was countered the last three sessions with equally strong up-moves in price, erasing the down-action following the U.K. “Brexit” vote. Despite that, as…