Key Support Levels in S&P and NASDAQ
Whether these indices transition into distribution or a downtrend, these support levels will be in play.
Archives: Daily Videos
Distribution trends and markets in play
From ES, NQ, and XLK buys, to XLI shorts and energy long setups… there is a lot going in the markets as we navigate through October.
Setup in HD. 10/7/2021
HD has a nice cluster pullback inside of a larger swing. Be sure to wait for triggers and also be aware of resistance on the way up.
Considering Crypto?
If you haven’t waded into the crypto space yet, there’s no time like the present. Let’s look at a technical perspective that the two majors have been doing a good job of respecting and the path they suggest into the new year.
3 Points of View
What the market is going to do next is all a matter of perspective. I’ve been applying a monthly, daily, and 15 minute approach to the current markets, and I think that’s a helpful way of making decisions in this environment. Let’s look at what that means and how it may apply into October expiration.
Two Possible Setups
As the uptrend transitions into distributions, is this really a precursor to a downtrend or is there another scenario? I share both scenarios and setups in this update.
Daytrading through Transition
First we explain why transitional markets are difficult and why daytrading through this brief period makes sense.
Looking for the Next Bounce
After another nasty sell-off with tech leading the way, I’ll be looking for a bounce and getting ready for the next shot lower. In this video I also discuss being long honey badgers like TSLA and NFLX.
Index Sell-off, what next?
Today we see another index-wide sell-off. In this video I throw out some ideas worth exploring when the market changes personality like it’s doing now.
Setup in UPST. 10/5/2021
UPST has a nice cluster of support and is a royal setup. Be sure to wait for triggers.