As I did my research on stock setups, it seems that the move to the downside in the current bull phase, as long it holds, has more correcting to do. The island top confirmed in S&P 500. The last time …
How to fade that gap, manage existing positions and look for new opportunities
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From an older issue of the daily, here are the 4 signs of a top once again 1. Blow off rally with huge volume, 2. Slingshot patterns, 3. Island tops or, 4. Two or more tops made at resistance areas. …
All over the news: Market closes just shy of the 2007 high. Is that the finish line? Since the market has literally traveled straight up to get there, be prepared for one of four possibilities. One: We get there; take …
When to scratch, use tight stops and/or let them run
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I am not sure who is more tired-at the highs-but tired: the market or me. When a runner hits the wall during a marathon, the choice is to stop or keep going, but at a really slow pace. The Dow …
Plus what timeframe adjustments according to risk and RSI
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After the warning on the small caps yesterday, for a while on Tuesday, it seemed like the market was in for a big correction. But, keeping with the Russell 2000, it closed down marginally but with a doji day which …
How to manage risk, positions, adding-all related to the plan
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Will spend week covering plans, managing existing positions and adding to winners
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