Big Day For the Bears Today
Today was all sell side for the US equities. Begs the question: did the bulls even show up? The idea here is to lay out a plan for tomorrow & the week going forward.
Archives: Daily Videos
Sell Bounces
The current chart structure suggests selling bounces so long as Fibonacci and Voodoo Lines resistance holds.
Trading Dicks Sporting Goods (DKS) Post-Earnings
I like this company, but the technical pattern is telling me that there could be a potential opportunity to short this company post-earnings. Investors have sent it down, 9.3% today — much more than the market as a whole. This tells me anticipation is weak, and with an expected move of $10, this ticker could easily break to new lows not seen since May of 2021. For these reasons, it’s on my list of potential earnings explosions. Let’s talk about how we could potentially trade it.
Getting Ready for the Rotation
Tonight I want to offer some ideas for existing trade management as well as some ideas to be prepared for when we start to see some rotation away from the existing/ongoing trades.
Is it too late to short the market?
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If Only We Knew These Levels In Advance…
At least now I know when the machines are triggered to take action.
These Quarterly Levels Rule The Trading Landscape?
These days it’s all about the machines — but what are the machines looking for?
Wishful Thinking
Let us discuss why these main key levels in the indexes must hold, or else — where’s the floor, really?
Crossing the Rubicon
In today’s video I discuss the key level in the /ES of 4300, why it’s crucial that we hold for any bullish attempt, and what happens when we don’t.