SPY did exactly what we expected it to do after holding the 50 day moving average and the channel bottom I've been showing you on the videos. Came in above the FTP then broke out on a 30 minute opening …
After recent selloff, a rally without volume not as strong
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Just when one might think perhaps it's time to become bearish, the signals are still mixed. IWM clearly the weakest lately, closed with a distribution day in volume yes, closed with a confirmed warning phase yes, but, the slope on …
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Seriously, I am not trying to sound like a desperate bull, but there are a couple of reasons why this may not be completely a done deal. First, SPY did not hit the 50 day moving average at 132.45 or …
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Last week was tough! We got so close to looking like we were going to breakout to new highs in QQQ only to wind up closing down 1.2% breaking the adaptive moving average, yet holding last week's low. And we …
Thanks to so many of you who gave me feedback on developing and working with a trading plan! Every teachable moment serves as a lesson to myself as well.
SPY did not have an Accumulation day in volume as I …
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