So now, what makes sense?
In this video, I discuss strength for a new quarter that only could last for a few days before a potential roll-over. Let’s discuss.
Archives: Daily Videos
Now it’s time to pay attention to the short side.
March end of quarter shenanigans are behind us. The two weakest indices have hit their respective overbought resistance levels. If the last two weeks was all about the bulls, the bears are done waiting and are ready for their turn.
S&P Overnight
Stocks closed out the first quarter of 2022 on a rather bearish note, but I think it’s a flush that could see a quick bounce. If Thursday’s lows remain intact I’ll be watching for this retracement overnight, then see where we’re at before the employment data is released.
Trading the TRIN
While trying to guess what tomorrow’s economic data brings to the market can be a tough call, we’re technically setup for a bounce. If that bounce does not happen, that’s where we need to be willing to change gears and possibly rather quickly.
Macro Market Deep Dive
As the macroeconomic trends are set and not many data points have changed the messaging or policy for the FOMC, it’s time to look at trends that are working right now and also remember we do not have to trade the indices and actually there are setups outside where the broader averages are going next.
Bulls on Parade!
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Bulls on Parade!
In this video, we look at the current rally of about 500 points in the last 15 days. We have definitely turned the bearish corner and the market looks good, but this rally is beginning to look extended to me. We go over the indices and levels where we may fail from, or targets we may reach if we do keep going higher. How do you trade a market like this? Very carefully, and in this video I show an example lotto ticket day trade I set up today and go over the reasoning.
Does the rally continue from here?
In this video, we look at the current rally we are having and it is beginning to look very extended to me. We go over the indices and levels where we may fail from, or targets we may reach if we do keep going higher. How do you trade a market like this? Very carefully.
Q1 is a wrap & here is the plan
Tomorrow will mark the end of 2022’s Q1. In tonight’s video I’d like to set up a plan for how I plan to trade the final day with both a bullish and bearish scenario complete with targets on both sides.