I show you a couple of swing trades on list that touched key moving averages
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If there were ever a time to preach the importance of a trading plan, it's now. Unless you have been committed to the short side, as a potential buyer looking for signs of a bottom, no day last week remotely …
The market gave lots of warning signs that this was coming, so too will it tell us that the worst is behind us. With Russell 2000 (IWM) at the 200 DMA in a dramatic end of day drop, with RSI's …
Like in Pandora, we will know when it happens
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Once again, biggest clue Wednesday, just like Tuesday, was that S&P 500 (SPY) could not clear previous day high. Nor could DIA, QQQ or IWM. So market may be oversold, but the scenarios I have laid out for watching for …
In Choppy Times the Opening Range Reversals
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Biggest clue Tuesday was that S&P 500 (SPY) could not clear previous day high. Nor could DIA or IWM. NASDAQ (QQQ) made a bold attempt with early strength from AMZN, GOOG in particular, but AAPL gave it up the last …
As we await signs of a bottom - how to trade the categories on the Evening Watch
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As we await signs of a bottom - how to trade the categories on the Evening Watch
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A bit hard to short the market as these levels as far as risk is concerned which means a good time to brush up on what constitutes a bottom signal to buy while we stay mainly in cash. Market has …