Relative Outperformers
The trends are back in… except for the NQ, for now. Here is how to identify trends and which are on my radar.
The trends are back in… except for the NQ, for now. Here is how to identify trends and which are on my radar.
Amidst a couple of interesting trades, we are back on the front burner with this one.
If you missed the original setup in FDX, I have a 30 minute pullback zone for you.
The price range between 9:30 and 10 AM ET, known as the clearing or opening range, can indicate that likelihood of chop versus a trend each day.
I review the morning’s action for our daytrading in the room today as well as recap the daily time frame trades.
In this video, we look at the charts and talk about what caused the sell-off today, as well as some of the wild swings we have been having lately. We are in a hyper sensitive news driven market and moving in both directions. We discuss what levels are important here and what we might expect.
Despite today’s move lower (slight move lower!) in equities, the compass is still pointing north.