What does this sell-off mean?
It depends on where we look. There are not oversold support levels to watch as well as Buy the Dip opportunities. I explain where and why in this update.
It depends on where we look. There are not oversold support levels to watch as well as Buy the Dip opportunities. I explain where and why in this update.
In tonight’s video review I want to look at some of the best monthly charts out there, and areas where we may see the next phases of leadership. They’re not what you might expect, but are worth keeping on your watchlist.
Reversion to the mean is a concept we work with often, but several weeks ago I began working on a “Reversion to the Magnet” concept with you. Given the SPX closing at 3995 today, this is an idea worth revisiting. Let’s start there, and see what it might be telling us about movement into the witching expiration.
Reversion to the mean is a concept we work with often, but several weeks ago I began working on a “Reversion to the Magnet” concept with you. Given the SPX closing at 3995 today, this is an idea worth revisiting. Let’s start there, and see what it might be telling us about movement into the witching expiration.
The Fed staying slightly hawkish helped stocks to sell off from the big red reversal candles from the day before.
It’s been a big week thus far, but remember, there is still plenty in front of us before we can breathe easy. Tonight I will update the weekly plan for the remainder of the week in hopes that it helps navigate the home stretch.
In tonight’s video review I want to look at some of the best monthly charts out there, and areas where we may see the next phases of leadership. They’re not what you might expect, but are worth keeping on your watchlist.
Learn my new strategy of how to take advantage of SPX options premarket to leverage large moves during economic releases. I discuss the three critical variables that need to be present to make this low-risk high-reward opportunity work!
Learn my new strategy of how to take advantage of SPX options premarket to leverage large moves during economic releases. I discuss the three critical variables that need to be present to make this low-risk high-reward opportunity work!