Spooktober 2
The $SPX box we have been looking at for some time is in critical danger of breaking down soon. There are no proximal support levels and the signals have all collectively flipped to the bear side. Let’s dive in.
list of daily videos
The $SPX box we have been looking at for some time is in critical danger of breaking down soon. There are no proximal support levels and the signals have all collectively flipped to the bear side. Let’s dive in.
In this update, I share how to get an edge in your S&P trading will a few cool levels that anyone can put on their charts.
META saw some decent action this week. A lot of curious pieces to this chart, but the wick from Wednesday should be one of them. Let’s dive into some of the nuances of this chart and see if it might be in play on Monday.
After selling-off and reaching “extreme” downside extensions, is the market preparing to squeeze-out the shorts? Let’s review.
Tomorrow will be end of month and end of quarter. Tonight I will walk through what I am doing to prepare.
The U.S. dollar has been problematic for stocks since July. This is one way I like to look at its correlation as it may be helpful for short term SPX decisions tomorrow.
And remember to keep an eye on this wrecking ball.
The actions we take just 10-15 minutes before the open can offer a great edge for disciplined traders. Here are two of the powerful (and free) things you can do tomorrow and the explainer of the three wins we had today.
Even though I am really bearish long-term, short-term markets could bounce, as they are oversold and at some support.
Costco: Earnings in Focus — I love shopping at Costco, and it’s one of my favorite bullish companies. But, I never trade it to the long side over earnings. Want to know why? Because the Hot Zone tells me otherwise. Let me show you what I’m doing with Costco earnings, and why.