This is how we repeat
In this video I discuss another flush down to /ES 3900 and why it’s important to consider buying the market again here.
In this video I discuss another flush down to /ES 3900 and why it’s important to consider buying the market again here.
As discussed in length today during our session, I am looking for another flush, and then another spot to buy the market for a rally into August.
TSLA was good to us on the earnings report, and after clearing a few areas of resistance, it may have more to offer. This is what I’ll be watching for next week if it is going to give us a chance to buy.
In tonight’s free video I’ve got 3 things that came to me, just off the top of my head, and I think you’ll find them helpful in your trading.
Tonight’s video may be a bit similar to what you heard from me last week. The prices are different, but the Roadmaps and the movement is very similar and worth making note of.
The rally in the indices accompanied a shift to a lower target rate probability from the FOMC, aka perhaps one less 1/2 point rate hike. Is this enough to call the momentum an uptrend? Not yet. I explain what I am looking for next in this update.
Whether it be daytrading, daily timeframe swing trading, or weekly position trades, the S&P right now is offering signals across each. Here is the breakdown and how I am currently handling this price action.
In this video, we look at today’s continuation of the wild swings. We are once again having intraday swings in the SPX of 50 – 100 points in both directions as we go higher and higher. This makes for a tough trade, but if we watch our levels, we can get a better feel for the market. I don’t think the market is going to get any easier to trade anytime soon, but we can make money trading it if we are careful. How do we trade this and how to manage risk in this environment?