Signals to look for and a bit on slingshots
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Appreciated the respite after last week's roller coaster ride. And, makes sense with a FED meeting coming up next couple of days. The respite also points towards positive digestion of the recent move considering the bull phase and good accumulation …
There were signs with IWM and QQQ-not all sat pretty last week
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Party like the Dow is over 1299! I was a Commodities trader on the NY Commodities Exchanges for years. I never thought I would live to see a world where the US stock market swings 100 points plus per day …
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David Copperfield is a master of sleight of hand. The market is a master of illusion as well. It gapped over Wednesday's high for sure. But once the rabbit was pulled out of the hat, it wiggled its nose at …
5 minute opening range breakouts and opening range reversals
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Low volume and inside day in S&P 500 andRussell 2000, both with very different looking charts. In this mess of a market, the clearest thought that comes to mind, is to either buy SPY over Wednesday's high or be prepared …
Another big burst of volume in S&P 500 on a red day making this now the third distribution day in a week. But, oh what a tease, after testing the 50 DMA, closing right above it-just to keep us all …
The Importance of Long and Short
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