In this video, we look at today’s big sell-off that caught a lot of people off guard. Will this turn into a bigger move? Or are we setting up for a bounce? We will look at both scenarios and also, I go over a trade idea in NFLX.
The markets are anxiously waiting to see how the Fed will address the issues at the long and short end of the yield curve.
If your time frame is less than 5 days, then ignore these charts.
This is the very definition of a trader’s market. Let’s dive in.
As the volatility continues, where are the levels that will be the stepping stone to movement higher?
The hourly charts show that today was a day of pause for the broader averages. We can see the breakout levels better when we look at the “submarket” view and I show you that in today’s video.
FCX is a royal setup on the daily and has a nice reentry on a 15 minute chart.
WE have several zones of risk in JNJ. Please wait for triggers. I’m moving later this week, so may not have many videos.
