I describe the market action before the opening bell and after the close and discuss set-ups for the next day.
Apple (AAPL) showed impressive relative strength to the market this week and we’re seeing that bullish dominance continue with a breakout and birth of a new uptrend. Here’s the Weekly Chart and the new bullish phase emerging for Apple (AAPL) shares: For a bit of quick background, see my post “Apple Bucks the Bear Day”…
Like yesterday, we’re seeing a bounce up away from the low toward the 23.6% Fibonacci Level. This morning, we’re seeing a stronger swing and possible bullish breakthrough develop. 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…
Volatility is back! We’re seeing another bounce up from the 2,110 level to our short-term Fibonacci 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. Be sure to reference the previous update for additional information…
In a surprising move, Apple (AAPL) shares defied the broader market collapse today with a big bullish surge. On big sell-days like this, it’s helpful to find a strong stock bucking the trend. Here’s Apple fighting the tide of selling of today’s bearish market: Friday was a big down day and Monday was a big…
Volatility returned with a vengeance the last three days. 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. Be sure to reference yesterday’s morning update for additional information for the larger Fibonacci Grid targets. I highlighted…
After crashing Friday from a Bearish Rising Wedge, price is now logically bouncing up from a larger 38.2% Fibonacci Retracement. Let’s pinpoint this retracement and draw a shorter-term bounce Fibonacci Grid for this week. Here’s today’s updated Fibonacci and Emini (@ES) trading levels for your plans and trades: Here’s a reference guide of how to…
In the September 8th Idealized Trades Report, I detailed the likely bearish pathway ahead with a discussion on a “Bearish Rising Wedge” pattern, the trigger, the target, and how to trade it – all for our members. I wanted to highlight the analysis and outcome both from a teaching moment (pattern and outcome) and to…
I love spotting and trading a “Three Push” Pattern on a Daily Chart. Why? It’s an easy-to-see pattern that develops over time and gives a high probability of a big win with minimal risk. I posted last week about the “Three Push Pattern in Lululemon LULU” and the outcome. Here’s another great example for you…
How low will our current pullback (retracement) go? Let’s see! 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. In last night’s report I discussed for members the Bearish Rising Wedge – and we’re seeing the…
We’re still trading within a short-term range with tiny probes outside the key boundaries. 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. In simplest terms, we’re focusing on the 2,180 level and the 2,172 level….