BTC Dominance Crosses 43% After Consecutive Rejections at $6,800
Shortly following BTC’s rejection at $6.8k, we saw the early signs of the market sell-off as Bitcoin dominance rose above 43% for the first time since April 12th.
Archives: Daily Videos
list of daily videos
My Favorite Trade Right Now Is This Easy One.
If this asset class is going to roll over, how do we play it?
Plane Trade To The Upside; Now What?
Not only did the market explode to the upside while I traveled, this chart makes the move even more bullish.
Markets Affected by the Trade War
Another U.S. list of tariffs was announced after the Tuesday close. This sent equity futures sharply lower. Beyond equity futures, which markets get hit by tariff news?
Tariffs Hit After the Close
Crude, gas, euro, dollar, bonds … these are still on the radar but with only a very brief break from the tariff narrative, the markets have to switch from SCOTUS and NATO to a new list of tariffs and a next salvo in what is indeed a trade war.
Are you joining me for my class? 7/11/2018
This will give you a good background of the method to my madness!
The Three Types of Stops You Must Know
Transitioning from risk-based stops to trailing stops is an important skill to learn. The current trade in the Russell is a great example of how to hone this all-important skill.
On the Radar
U.S. Dollar rollover. Euro FX bottom put in. Soft Brexit. Crude oil continuation … small cap domination. Financials kick off the earnings season. Lots going on this week.
I still have higher targets in the S&P. 7/10/2018
It is a bit overdone, though, so how about ratcheting up those stops!
3 New Diamonds
The DIA is setting up with an important signal on the weekly chart. This may take some time to play out, but if it gives us what I think it will, these three names will be worth buying.