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Storm clouds forming now in Northern New Mexico. A thunderstorm in this case would be a welcomed relief to the fires that have been raging. Perhaps the now oversold conditions on the McClellan Oscillators will provide some welcomed relief for …
Take you through slingshots, boxed in support levels and when confirmation happens
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The market broke the 20 Turnaround Tuesdays in a row streak just in time to get the cliché “June Swoon” primed and ready! Low volume selloff in the indexes with the S&P 500 back under 164 yet holding Monday’s low. …
We have become more strict on pivot stack, and...
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The market does not want to quit, gaining back more than ½ of its losses from Friday. And I love that so many traders try to pigeon hole the market into clichés as a trading methodology: “Sell in May, June …
Both long and short, very specific signals to look for
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Quote from last Thursday’s Daily: “The market remains in a firm bull phase, which is comforting at this point. That doesn’t mean we can’t or won’t see a move to test the underlying 50 day simple moving averages.” Tweet from …
Quote from last Thursday’s Daily: “The market remains in a firm bull phase, which is comforting at this point. That doesn’t mean we can’t or won’t see a move to test the underlying 50 day simple moving averages.” Tweet from …