I describe the market action before the opening bell and after the close and discuss set-ups for the next day.
Each day I do a mid-day scan of strong and weak relative strength stocks, but today I also wanted to add a list of four stocks in the S&P 500 that strongly trended and closed at the high of their intraday range. From these, we will then view the Daily Chart for possible opportunities into…
I hope you’re not shorting this bull-dominated market! Or at least haven’t shorted over the last two sessions. Let’s dive inside action and note key levels and the trending stocks of the bullish day: Be sure to brush up on this morning’s “S&P 500 Range Planning” post which sets the stage for the mid-day. We’re…
If you followed Market Internals yesterday, you had a clear roadmap to trade today’s session as a Repeat Pattern – Divergences – suggested yet another morning market reversal. Start with a read of yesterday’s mid-day report (more was detailed to Idealized Trades members) and compare that with today’s session that unfolded so far. Let’s dive…
Buyers pushed the market above the breakout but failed as they encountered thin air at the highs. A big divergence preceded this reversal. Let’s dive inside action and note key levels and the trending stocks of the day: Buyers shot the market higher Friday, and attempted to bully the market to new highs this morning…
Blink and you missed this week’s surge breakout higher in previously stable FXI, a popular ETF that tracksthe China 25 performance. Let’s drill-down on the breakout from the Monthly Chart (open air) down to the Daily Levels to watch now: The Monthly Chart above may give the clearest perspective of where the ETF has traded…
Instead of “A Whole Lotta Shakin’ Goin’ On,” there’s actually a whole lot of nothing going on today as yet another Range Day grips (constrains) the S&P 500. However, as on all days, opportunities are triggering in stocks within the market – just not the market itself. Let’s dive inside action and note key levels…
We’re seeing a Falling Range Day in the context of spiking volatility on a “Fed Minutes” Session. Let’s dive inside action and note key levels and the trending stocks of the day: Up, Down, Up, Down, Big Down into Big Up. That’s what’s today’s session held for us so far. New traders should be cautious…
Stocks are taking a breather after yesterday’s strong bullish trend day. Let’s dive inside action and note key levels and the trending stocks of the day: We were expecting the likely bullish action off the 2,045 pivot all the way toward the 2,080 target and price exceeded the intraday target yesterday. However, today’s session –…
Yesterday we updated Gold, Oil, the S&P 500, and the US Dollar Index but let’s take a slightly broader perspective and add four more commodity futures charts into the grid to get a fuller picture of money flow across the market landscape as we begin the new week. First, take a look at Monday’s “Quick-Charting…
Markets are rarely boring, that’s for sure. Stocks power-rallied off support this morning as a short-squeeze helped fuel price action higher. Let’s dive inside action and note key levels and the trending stocks of the day: Take a moment to review the prior two posts that set the stage for today’s bullish reversal: Key Support…