SPY closed up .9% and rallied a little bit more immediately after the market closed based on good earnings at Nike. But, volume was extremely light and I anticipate it will stay that way ahead of the holiday weekend. Looking …
Even with that, having some great short and long trades by using rules
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SPY had an inside day closing near the lower end of the range yet holding the 200 day moving average. The volume was light, typical of a Friday. Since the pivots are negative and we have closed beneath the FTP …
Yesterday I wrote that QQQ might be the most decisive index. Most decisive thing about it turned out to be not to sell the lower opening, which one would have never done if one used the opening range rules as …
When to short cover and get long the better setups
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Beginning again with IWM, there continues to be mixed signals. On the one hand we have the continuing decline of the 50 day moving average, a close beneath the adaptive moving average at 80.21 yet still above yesterday's low 79.42 …
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Beginning with IWM-if we go back to that March 15 low at 77.57 and look at the low that was made on June 16 at 77.23, we will also see that although it took out the March low, it held …
How to gauge when to use those two opening range timeframes
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