I describe the market action before the opening bell and after the close and discuss set-ups for the next day.
Last week’s breakout sent the market back toward the prior high. However, today we’re seeing another pullback from the high to a key pivot Level. Here’s today’s updated Emini (@ES) trading levels for your trades: Here’s a quote to reference from Monday’s member report: For Tuesday we’re bullish above 2,285 and 2,290 into the “Open…
Each week for members, I publish the results of a “Strong Stock Getting Stronger” stock scan. NVIDIA (NVDA) consistently ranked in the top of that list for many, many weeks. Let’s take a look at the progress of this “strong stock” and the recent rally back to the high, focusing on two strong recent retracement…
If you like trading Bull and Bear Flags as I do, you’ll probably want to look at Baidu (BIDU) right now. First, we have a textbook bear flag pattern to study and today we have a potential bull flag trade in motion. We have a special page for Bull and Bear Flags in our Educational…
Last week’s breakout sent the market back toward the prior high. However, this morning we’re seeing a pullback from the high to a key Fibonacci Level. What’s the plan? Here’s today’s updated Emini (@ES) trading levels for your trades: In the membership and on the blog, I highlighted the greater odds for another bounce up…
Jobs Jobs Jobs! A positive reaction to this morning’s monthly Jobs Report sent the market surging back to the prior high. Here’s today’s updated Emini (@ES) trading levels for your trades: In the membership and on the blog, I highlighted the greater odds for another bounce up off the rising 20 day EMA on a…
The range is back! And we didn’t miss it at all. We’re seeing price bounce between our short-term Fibonacci Levels as noted. Here’s today’s updated Emini (@ES) trading levels for your trades: Be sure to revisit last week’s updates regarding Market Internal Divergences and an expected pullback. The logical daily chart target for the S&P…
Just like that, Apple (AAPL) shares surged toward the price highs of early 2016. Will the bulls keep making money by levitating this stock higher in a breakout? Let’s see! We see the strong uptrend that ended in early 2015 at the $130 per share level as negative divergences and distribution took price down toward…
We’re using two Fibonacci Grids for planning trades in the intraday Emini as noted. Price happens to be bouncing toward and away from these pivot levels perfectly. Here’s today’s updated Emini (@ES) trading levels for your trades: Be sure to revisit last week’s updates regarding Market Internal Divergences and an expected pullback. The logical daily…
From the negative divergences in an overextended market, a pullback was precisely the expected future. However, this pullback was faster and more furious than expected, collapsing the market straight to our targets. Here’s today’s updated Emini (@ES) trading levels for your trades: Be sure to revisit last week’s updates regarding Market Internal Divergences and an…
When setting up your trades, it’s helpful to put them within the context of the trend and key moving averages. Let’s take a look at how we successfully called the current swing “down toward” the rising 20 day EMA, highlight two recent examples, and plan the immediate future for the S&P 500. Here’s a quote…