Today, SPY had the Accumulation day in volume with a big gap higher closing up 1%. The buzz was that a lot of today's rally was in anticipation of a good unemployment number in the morning. Regardless, just looking at …
Short term trading patterns and how to trade them
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Confidence to buy dips on strong stocks with positive pivots
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A DOJI day in SPY with light volume. Now, 133.78 where the open and close is becomes pivotal. It also had an inside day which means above 134.10 see no reason why the move should not resume to the upside …
Some sectors may correct, others just digest
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At the risk of stating the obvious, last week was highly unusual. Looking deeper, what can we assess from a market that went from threatening to break the 200 day moving averages at the beginning of the week to ending …
How to lock in, raise stops and decide on mini, swing or combo of both
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Seems hard to believe, but it's true, the Q's and IWM are at a the 50% line from the highs to the lows at the 200-day MA. Aside from this being a good point to expect the market to take …