The remaining of three trades taken here remain open prior to the open of Asian equity market's tomorrow. I've gotten some questions regarding my Chinese holdings, and the Trump ban on Tik-tok. I stand behind these calls and will be holding both and will provide updates on partial closes when taken....
It has been a very action packed number of weeks on, and let's admit it, in an already red hot market. I
can go on and on about the Federal Reserve, The Wall St Hedge Funds, the overinflated majority of
stocks on (any) market today. But, is that really that much fun? I would be (to many of you) preaching to
the choir, and saying nothing new.
I thought that I...
I saw a man discuss the relative performance between the Shanghai Composite and the S&P 500, and he suggested that based on that analysis, the Chinese market was set to outperform the US market. But I wasn't satisfied with the analysis because he established his ratio in arithmetic scale, which gives it a bit of a distorted look, given the terrific swings the...
New 4HR candle just started formation & painting how todays daily close's direction.
"Buy fear sell greed"
Update at 4pm (EST)
Remember to stick to your trading plan and DON'T let the volatility of the market play with your emotions and convince to you change that plan. Reacting logically and with a clear mind is always the best...
We dipped under the support channel for two days but climbed right back to exactly on the SELL line in the middle of the green support channel and bottom of the white upchannel.
Big Money selling and reallocation seems to be outweighing the FOMO here (more stocks declining than advancing yet Price still climbing strong overall).
It's ironic that my strangest...
ES melting up, bouncing in and out of overbought territory.
I think we get a double top with the jobs numbers and "stimulus" coming up.
Obvious channel, current path takes us to Thursday for the double top.
LET THE RESULTS SPEAK FOR THE UTILITY OF OUR TRADING PLANS! See for yourself how our Morning Trading Plans have been doing for the last one month or one year or since started!
Anyone can verify/cross-check the triggering of these trades from any source that provides charts and comparing the trades against the trading levels published in the morning. This is an...
Hello my friends! Let’s do a complete multi time frame analysis (MTFA) today on SPX. The index performed incredibly well this week, which is surprising. But first, if you are new around here, I invite you to follow me to keep in touch with my analyses! And you’ll find some good stuff on my social media as well – link below.
Ok, back to SPX, the trend is ...
I'll provide an update at daily close and then 12pm (EST) time.
What do we do when we break a 2 year historical resistance zone?
*WE BUY THE DIPS*
Comment what your bias is on BTC.
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Jobs Number Good or Bad? It Depends!
The jobs report numbers this morning could be viewed as positive or negative, depending on one's perspective. And, hence, the whipsaw in the index futures markets following the report.
Structurally, there is no damage to the bullish bias in the S&P 500 index even if it might come under attack shortly. Until proven otherwise,...
A scenario that I can see playing out with the SPX is very simple, identical price action to what was seen with the QQQ in the last couple months. Price is going to make quick work of the previous ATH not giving an inch to the short sellers, achieve a new ATH a few percent higher before tapping the previous ATH to launch the index to a yearly high of 3700.
1. First Warning Sign:
a)Volatility in the markets increasing.
b)Bonds starting to increase as funds leave the
markets, selling into retail
-Previous resistance on TLT was broke
c)The SPX and TLT typically move opposite to each other
-More on that later
a)Funds pull their money out of the markets leaving retail holding the bag at the...