Choppy market setups for next week
The indices are in chop but one in particular is setting up a fade short sell.
The indices are in chop but one in particular is setting up a fade short sell.
Both are happening right now and if you know the structure, strategy is clear. In this update we take a look at crude oil, bonds, Russell, and S&P, as what shorts look good within the NASDAQ.
Today’s light volume rally took us back to the key levels I’ve been waiting for.
With today’s rip higher, are we seeing the bulls come back or is it time to set up the shorts? And where?
In today’s video, we look at the wild swings we are having lately in the market and discuss whether the FOMC today gave us any more clarity. We also look at upcoming events to pay attention to.
In this video, we look at the FOMC today and the wild swings we are having in the market. I love this type of back and forth action as my trade types work very well here and we can trade around the Volatility. We will have even more volatility in the upcoming weeks and we talk about earnings season and what might happen. Lastly, we look at some short term trading ideas in the RUT and SPX.
As the broader averages continue to chop and frustrate, there is clarity and there are setups, if you know where to look.