Mid Week Update Apr 27
What’s next for the ES? Pop or Drop? Well balanced @4215 so let’s have a plan for both higher and lower from there.
What’s next for the ES? Pop or Drop? Well balanced @4215 so let’s have a plan for both higher and lower from there.
The put call ratio can be a helpful gauge of sentiment, but it’s not a holy grail, and should be used within the scope of a few nuances. Let’s update that from where we left it last week and how it might play out into May.
Check out how the Strikezone method fared in today’s volatile market. Despite wide ranges and sweeping moves, we kept our risk in check and kept swinging.
In this video, we look at the same crazy price action we have seen for months and try to make heads or tails out of it. We continue to have wild swings in both directions, which can be very nerve-wracking, but very tradable if you know how to do it. We talk about the upcoming events to watch out for and when they will happen so you can be ready. We also talk about the upper and lower ranges of the market that I think we might test, and it doesn’t look good.
If it’s TSLA pretty darn miserable. But on a week that we have the most important, heavily weighted stock earning releases, this sell-off, triggered by concern over how Elon funds his purchase of TWTR may be short-lived and set up a bounce… a little crazy? I explain what we need to see to trigger that.