And using swing versus miniswing rules
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S&P 500 remains in correction mode holding the January 2nd low at this point. Somewhat of a distribution day in volume although overall, volume is under the average daily. NASDAQ although down, performed better. The gap up from January 2nd …
2 or more days of negative FTPS and we use OR's and R1 if risk is in line
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Good news is that despite the down day in the indexes, all held last Friday's lows. As I suspected the tone for the week would be set with today's action, will modify that statement to a degree. Indeed longs should …
A good review of picks, strategies, longs and shorts
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The week ended with digression. S&P 500, Russell 2000 and the Dow closed well proving time is just as valid as price correction. NASDAQ however, mainly thanks to AAPL, closed weak although to its benefit, managed to hold the January …
The FED showed some true colors in its internal dissention on keeping quantitative easing in place. For quite some time now, we have talked about these low rates as unsustainable. This is why I have bought TBTs on weakness and …
Short-term RSIs-extended or not is part of that decision
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Happy New Year! Some confirmed phase changes to mention: S&P 500 back to a bullish phase. NASDAQ back to an accumulation phase-clearing the last swing high. The Dow back to bullish and Russell 2000 has been bullish but now has …
Calendar Range, new picks and new trades today
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