This is How We Top
Bulls have been in charge all week but there is one scenario that sees a top tomorrow. In the meantime, GOOGL and TSLA have been leading the ascent and will likely be in play tomorrow as well.
Bulls have been in charge all week but there is one scenario that sees a top tomorrow. In the meantime, GOOGL and TSLA have been leading the ascent and will likely be in play tomorrow as well.
The bottoming process in the indices is coming into focus as the indices are transitioning to neutral markets, but we have seen this before. Why is THIS time different? In this update I go through, chart by chart, what we need to watch to confirm the process.
Deep dive into crude oil, copper, treasuries, and indices. Here’s the breakdown of charts and trends that I am watching for a bottoming process.
We’re half-way home but with plenty to prepare for. As a reminder we will get the jobs/unemployment (NFP) numbers Friday morning, but here is what I see leading up to that.
In this video, we look at today’s FOMC minutes and the market’s reaction. We also discuss the upcoming events that will be important to watch and trade around. Lately, we have been having lots of small rips higher, but as we are in a down trending market, most of the time it is best to fade these moves.
In this video, we look at today’s FOMC minutes and the market’s reaction. We also discuss the upcoming events that will be important to watch and trade around. We have NFP, CPI, PPI, Earnings, and the grand finale, the next FED meeting. Put these dates on your calendar and be ready with a plan to trade around them. Lastly, we look at a Lotto ticket for today and how it worked.
Take a look at how Joe followed the plan laid out in “Simpler Trading’s Pre-Market Show: Analysis with Joe Rokop” and crushed a neutral market with three quick trades by following the Strikezone Methodology.