Dollar Explosion, Commodity Implosion — What Happens Next?
While these are the only two swing trades I like, the short-term action looks promising.
While these are the only two swing trades I like, the short-term action looks promising.
In this market, the basics are worth revisiting and in this update, we discuss how each is important and which timeframe is relevant.
The daily time frame swings are in play and we start with the structure on these popular charts.
Bulls need a hot start next week, by Wednesday, to trigger the patterns. Any failure to do so will result in lower prices. Let’s review the setup and a handful of picks.
Let’s do what we do every Friday, and review the core markets and the periphery to see how things are aligned into next week.
Holding below the most important of the Voodoo Lines levels will keep pressure to the downside for the Naz. Let’s look at some possible spots for resistance.
In this video I discuss the S&P trading higher and gold re-testing its lows at 1750.
In this video, I discuss why I think it makes sense to trade higher next week into /ES 3900+.