June 30 Brexit Never Happened Emini Fibonacci Update

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…

June 28 Bounceback Emini Fibonacci Target Update

The Daily Chart traded all the way down to our 38.2% Fibonacci Target and bounced higher this morning. 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. Take a moment to view yesterday’s public “Expanded Fibonacci…

Charting Risk On and Risk Off with Utilities XLU and Financials XLF

When we’re talking about “Risk-On” or “Risk-Off” Money Flow in the market, there’s many ways to do that. One simple way is to compare Treasuries and Stocks. However, if you want to look within the stock market, you can also compare the Utilities group (XLU) with a bullish or Risk-On group like Financials (XLF). Let’s…

Expanded Emini Fibonacci Grid after Crash June 27

The Brexit Fall-out continues in equity markets including our own S&P 500. Let’s expand our Fibonacci Grid to account for this collapse and highlight two lesser-known target areas. 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…

Quick Quad Market Chart of First Brexit Reactions

If you’re like me, you’re surprised by the U.K. “Brexit” vote. Don’t worry – you’re not alone. All markets were very surprised by it as well. To underscore this point and frame the reaction, let’s quickly view the “Quad-Market” Charts: We cover five markets in our Weekly Intermarket Reports for members. I’m highlighting our “Quad…