list of daily videos
A few nights ago we were looking at patterns in CMG that were starting to form, today we started to see pieces of that resolution. Not only do I think CMG is still a good pick, but there are others that also fit inside this unique Voodoo point of view.
We just saw a high for the week on a Wednesday and you know what that has me thinking. Let’s look at this in tonight’s update with targets for either side but with a preference.
I share the results of the MACD scans in our chart patterns mastery room every day. Then I show trades, based on those signals. Today, those signals worked great.
In this video I walk through the Daily and Weekly Chart on Z and go over a couple different trade ideas to consider. One of the strategies I talk about is one that Bruce Marshall trades constantly here at simpler.
Between sector rotation and daytrading, end of quarter needs a different approach. Here’s what is in play for the week.
Microsoft is reporting earnings on July 25th. This ticker has a historical pattern of trading higher before earnings, which is especially the case after a breakaway gap the prior quarter. I’ve been eyeing a pullback for a better entry with an edge, and we are getting that right now. Let’s review critical buy zones along with what I’m looking for in an entry.
Bearish targets are starting to come in. I’ll update you there with what is next if further. Also need to start to prepare for a bounce from one of these upcoming levels so we will talk through that and where it starts to look different as a backup.
The S&P 500’s decline from June 16th ended the day where it is almost exactly equal to the decline from May 19th. That is notable because any further downside from here and we’ll be in the largest pullback since the March 13th low.
When do we root for the bears? When we need a pullback to buy into. Here is where and why I am bullish the indices and the timeline as we head into end of quarter volatility.
