Shining A Light On The VIX
Two major levels were broken this week which suggests better follow-through as long as they hold.
Archives: Daily Videos
list of daily videos
Happy Now
Mixed signals with a slight lean into next week with big catalysts, let’s get our plan squared up.
Go With The Flows
We had a nice setup in TSLA today. It may or may not continue into tomorrow, but these are levels and trades I want to make sure you’re aware of.
Today, The Dow Jones Transports Showed A Bullish “Tell”
The weakness in the Dow Jones Transports yesterday was a great tell other indexes would follow. But with the $DJT rallying today, all bets were off on the downside.
The Reversion to the Mean Trades Worked Great Today
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.
Two Important Bullish Cues
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.
Markets Continue Their March Towards Resistance Zones
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?
Can We Get a 5th Wave?
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.
Broad Market Analysis April 21-26, 2024
Let’s review my Broad Market Analysis for the week, including the important events, earnings, and levels.
Is The Struggle Over?
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?