I describe the market action before the opening bell and after the close and discuss set-ups for the next day.
It’s a Fed Day! What will happen later this afternoon?! Here’s today’s updated Emini (@ES) trading levels for your trades: In simplest terms, price established a trading range between the 2,380 and 2,390 easy-reference levels. In terms of short-term planning, remain “range neutral” between these zones; bullish toward 2,400 on a positive reaction and breakout…
We have a new short-term trading range at a key support level beneath the high. Here’s today’s updated Emini (@ES) trading levels for your trades: The powerful bullish surge took us back toward our 2,400 target but the last few trading sessions formed a range. We’re playing the short-term highlighted range just above the 2,380…
Facebook (FB) shares surged powerfully to new all-time highs after two recent bullish breakouts. The recent upswing and breakout has been persistently strong, but is it overdone? Let’s chart the breakout and step inside the price action: 2017 has been very kind to Facebook shares as an initial breakout above $130 sent price surging to…
Buyers held the line and we’re seeing another bounce up toward the highs. Here’s today’s updated Emini (@ES) trading levels for your trades: We’ve seen a powerfully impulsive breakout from 2,350 toward the 2,400 target and here is the natural pullback. Buyers stepped in with a double-bottom pattern at our 2,381 Fibonacci Level. Today we’re…
After a surge toward the prior high, we’re seeing a logical pullback toward a key price pivot. Here’s today’s updated Emini (@ES) trading levels for your trades: We’ve seen a powerfully impulsive breakout from 2,350 toward the 2,400 target and here is the natural pullback. Watch our “Final Fib” level at 2,381 which is exactly…
After a surge toward the prior high, we’re seeing a logical pullback toward a key price pivot. Here’s today’s updated Emini (@ES) trading levels for your trades: We’ve seen a powerfully impulsive breakout from 2,350 toward the 2,400 target and here is the natural pullback. Watch our “Final Fib” level at 2,381 which is exactly…
With the market itself breaking to new all-time highs, let’s take a look at the six surging stocks in the Dow Jones: Our principle is that stocks which are strong tend to get stronger. That’s why we report the results of relative strength and strongly trending stocks to members. Right now, these six stocks are…
No upside target is safe from this charging bull market! We’re back at all-time highs. Here’s today’s updated Emini (@ES) trading levels for your trades: Here we are – price surged off the 2,330 low through all our short-term Fibonacci levels. This is a great study lesson in targeting, game planning, and real time trading…
Perhaps the last time you thought about Bitcoin was when price crashed from $1,200 to $200 in 2014. However, bulls roared back, sesnding the price of Bitcoins (in US Dollars) ABOVE the $1,200 level near all-time highs. Amazing, isn’t it? Let’s take a look at the current Parabolic Arc Pattern that’s developed and what it…
No upside target is safe from this charging bull market! Here’s today’s updated Emini (@ES) trading levels for your trades: We’ve been anticipating this breakout – one way or the other – for a while now. We had bullish indications trigger late last week and we’re seeing the result with this week’s breakout surge. Like…