More data is needed to assess Risk/Reward.
Spend time learning good basic economics that applies in the real world. Not what is written in textbooks or theories.
Be careful of pump and dump Bots! More data needed to find good key risk-reward areas in All asset classes.
Ok after about an hour of breaking this down every way possible I finally see something recognizable. Theres a combo(what I call repeating moves I see in price action. Over the last 9-10 months I memorized all kinds of combos and this is the Deep V Drop move. There is a chance it can rally and go long when it pops up to hit the Upper BB. However, thats a...
Video up date on the major ETFS as all of them are pushed up against resistance.
Video breakdown on all major ETFs. They are all showing the same setup, which in some ways concerns me. Some catalyst needs to be seen in the near future as we are sitting on major supports.
Spy, IWN, PFF, DBA, IWM, just to name a few ETF's with Anchored VWAPs.
Have a great day
Mistake 4 time in the morning. Day Chart, high higher, low higher, but a big red bar, this pattern is the most different one for day traade
today is not easy for trading, should CUT WBA in the morning, now, I have to hold it. DIA, IWM, BCRX, CMCSA, XLF, XLE, XOP, CAT, WBA
Tomorrow : still buy dip. Focus on Bio tech section, energy section.
IWM, GDX, XBI, XLE, XOP, CHGG, XLF, MU, MRK, JNJ
SPY, IWM, XBI, MRK, JNJ, XLE, XOP, GDX, MU