Will we see new highs?? 2/15/2018
Although that is a possibility at this time, I’ll show you some time and price resistance on the way up!
list of daily videos
Although that is a possibility at this time, I’ll show you some time and price resistance on the way up!
We had a very light volume rally to resistance today. Who shows up ready to play tomorrow? Da bulls or da bears?
Tomorrow should be yet another test of the current support Bitcoin and the crypto market have been putting in for the last few weeks. At 9 AM Central, Congress will be holding a hearing focused on Blockchain called “Beyond Bitcoin: Emerging Applications for Blockchain Technology.” Let’s take a look at the few cryptos I’m focused … Read more
We STILL, however, have to be prepared for a possible failure, just in case!
In front of the API release and EIA, these two major energy markets are sitting on precarious perches. Here’s what the technicals and price action are pointing to.
The blue-chip crypto levels on daily time frames continue to point to range-bound and slightly bearish price action. As the cryptocurrencies evolve into mature markets, traders who understand when to shift to a shorter-term time frame approach will find more productive trading opportunities.
I have a saying about choppy markets in transition: The “edge” is at the “edge”. Finding that edge in the current environment is still the main focus. It’s the intraday setups that still are where the clarity and risk management are best. Here’s what’s on my radar. Neil’s Weekly Market Update.
Today’s rally was anticipated by the Fibonacci timing work, but we still have to watch for a possible failure on the way up.
Stocks caught fire on the 12:30 print last Friday and haven’t looked back since. The move off the lows has been fairly sharp, but levels off the daily chart tell us this is the most mild and immediate place we could bounce back to. Let’s look at a few scenarios that may unfold from this … Read more
In this update, I show you my two intraday setups in the blue chips going into the weekend. Daily chop sets up these entries and I walk you through the strategy step-by-step.