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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Low volume sell off in the market. But what is most interesting to me is where support levels are in the indexes and many of the sectors and groups and how those areas held up. Need some follow through of …