list of daily videos
Many times, the biggies that have earnings, if they open up, trade back down to unchanged, as traders want to “flatten before the close”. It worked great today in LRCX, META, and others.
Today the S&P and VIX gave important cues for the bulls. While earnings season is still underway, the S&P managed to get above a key level while the VIX manage to get back down below another.
In this video, Chris Brecher examines the market’s rebound from oversold conditions, posing the critical question: Will the markets break through resistance levels or resume their downward trajectory?
The current market structure has the potential to generate a 5-wave pattern. We won’t know for sure until we see tomorrow’s open, but these are some of the prices it might imply.
Let’s review my Broad Market Analysis for the week, including the important events, earnings, and levels.
As OpEx wraps up what we would expect to the a volatile session, what are we seeing as the dust settles? And where is the clarity of trends as we kick off next week?
Monday evening we talked about important levels to watch to the downside in the S&P 500. Yesterday’s high was almost to the penny at one of those levels, and it sent the market down to today’s low, also right at one of those levels. From here, it’s all about how price navigates these Voodoo Lines.
Do you love 0 DTE? Do you like pancakes? Here is a method that has been working really well to minimize risk as the volatility has picked up in the markets.
Now that the NDX has filled the bottom of the daily gap, it better have a huge rally, or the SPX could go to 4990.
In this video I explain a process that has helped us extensively in our trading and how it can help you.