This Nasdaq Divergence Into October Has Happened Before — What Happened Then?
This market is on fire. But, we are in October and we do have a distinct divergence in the Nasdaq, and this has happened multiple times before. Will history repeat itself?
This market is on fire. But, we are in October and we do have a distinct divergence in the Nasdaq, and this has happened multiple times before. Will history repeat itself?
With stocks breaking out and all the attention focused their way, there are some stealth moves setting up in one particular asset class. Let’s take a look.
Is a trade aggressive? Are there supporting narratives? What am I not trading tonight, and why. The Spreadsheet of Trades The tabs at the bottom of the spreadsheet will allow you to see the Futures and Forex setups. [iframe src=”https://docs.google.com/spreadsheets/d/1LRwtubz9DneCaSqqLZ6s7mXR9v6zvU7N1wzrOJk_rQ4/pubhtml?widget=true&headers=false”]
By far the most frequent questions I get: Is the euro buy still valid? Where are you buying the euro? Watch today’s video to get the answers to both.
What are the lines and levels, the price and conviction I need to see to take a Monday-Friday trade into the weekend? Here are the setups in gold, bonds, aussie, and more
I felt the move we saw on Wednesday had several nuances, and that suspicion was confirmed on Friday. Bulls continue to push indexes higher, and I don’t think they’re done yet. Let’s look at a few of our best moves from today and how I’m approaching things for the start of next week.
As we know, we have had a major move in the RUT, but the other indexes are not participating. How do we play this?
In this video I walk you through how to analyze multiple time frames to find the best time frame to trade. I use my current setup in gold in this analysis
The markets are in transition, and overbought and oversold levels are in play. Intraday setups in bonds, gold, and euro are outlined here.
Indexes saw another push higher today, and while I’m not suggesting to buy new highs, or that there will never be another pullback, these 3 charts give me good reason to focus on playing a bullish market.