Daytrade Or Swing Trade? Pt II
$SPY closed the week basically unchanged, as did most of the key markets we follow. Let’s review the setups and grade the charts to see if it now makes sense to switch from daytrading to swing trading or not.
list of daily videos
$SPY closed the week basically unchanged, as did most of the key markets we follow. Let’s review the setups and grade the charts to see if it now makes sense to switch from daytrading to swing trading or not.
Here’s what is on my radar for Monday as tech is still leading the charge midway through the month.
The SPX has been in one of the most distinct ranges we’ve seen in a while. Let’s cover those levels and which one I think we test into next week.
Pinning trades are a bit of an art, but they’re part of a strategy that can yield some of the best risk/reward scenarios you’re going to find in the market. Let’s review today’s setup along with my new favorite stock pick.
Not much has changed since the last update and we did have a request for something new. That said, let’s change things up tonight and have a look at Gold.
In this video, we discuss another wild ride for the markets today after CPI came out this morning. We had two big reversals intraday today and a 60-point swing in both directions. One thing to notice is that the VIX actually went down today and is near the year low, so it appears there is not a lot of fear in the market. What do we make of this and how do we trade it?
So close no matter how far. Every day for us something new. Yeah, I went there, but in all seriousness, it’s the same game of fade the edges back to balance 4153.5 ES and nothing else seems to matter. Not even CPI.
The S&P saw a significant range on Wednesday. Bulls opened things with a pop on inflation data, but technical resistance quickly became more important. Let’s update where we are after today’s close and what we might look for into expiration.
With META and AMZN heating up, the implications for more upside in the /NQ are going to rely on the factors I review in this update.