Daily Commentary

Amazon.com (AMZN) offers us a great lesson – and current opportunity – to study “Perfect Pullbacks” and future trade planning. Let’s pinpoint the pullback and study the pattern so we can apply it to a similar set-up in the future. Here’s the Daily Chart: For a specific strategy, explanation, and in-depth information on “Perfect Pullback”…

Wait – you mean the market actually can go down?  I didn’t think that was possible. Sarcasm aside, let’s update our very short-term Fibonacci Retracement Levels for the current @ES. 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…

“You can go your own way!” was famously sung by Fleetwood Mac and for the moment that’s exactly what the Technology and Utility sectors are doing right now. Let’s take a look at these diverging ETFs, one of which flashed green and the other flashed red in our model. We’re seeing the XLK Technology ETF…

Pullback?  Updated levels?  Uptrend continuing?  Let’s take a look at our morning update. 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. As price stair-steps higher, we have to keep expanding our short-term Fibonacci Retracement Grid….

I’m excited to announce that I’ll be returning to join a an exciting and informative live discussion panel with several expert traders being put on by TimingResearch this coming Monday August 15th! It’s always a fun and educational group for you so be sure to register now (free) and join us live! Date and Time:…

Gold (@GC) picked up volatility with large gaps and intraday strong reversals. Let’s pinpoint the recent high-flying (and crashing) action and put it into the larger context. Here’s the 15-min “gappy” chart: In August we’ve seen Gold plunge from $1,380 to $1,340 and then half-way back again… and then back to the low. Note the…

US Steel (X) surprised with a steeper retracement than expected, collapsing down from $28 to $21. The $21.00 per share level proves to be a critical target (achieved) and is a key pivot support level. Let’s study this level – why it’s important – and what the trade might be from here: US Steel (X)…

We’re seeing additional movement through our key Fibonacci Grid Levels. 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. We saw successful movement and intraday trades from our key levels (namely the 2,168 and 2,175 pivots)….

NVIDIA (NVDA) continues its strong bullish uptrend, giving us another example of the superiority of our “Strong Stocks Getting Stronger” concept of swing trading. Here’s the ongoing uptrend on the Daily Chart with a caution as seen from the Hourly Chart we should know: NVIDIA will report earnings after the close Thursday so be sure…

If you followed our update from yesterday, you had a perfect plan for profit on the intraday @ES frame. 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. We still can’t use our larger Fibonacci Retracement…