A Big Day for Bulls

Indexes saw another push higher today, and while I’m not suggesting to buy new highs, or that there will never be another pullback, these 3 charts give me good reason to focus on playing a bullish market.

Trading in the “2.0 Zone”

The market is in transition in a number of symbols, but we have two guidelines that add clarity: 1) Respect the trend that was, and 2) Find the overbought/oversold zones in transition. Here’s how we are doing both in gold, bonds, and more. There are a number of intraday transitions also. Check out what I have planned for the EUR/USD and USD/CAD tonight.

Long, Short, or Flat?

As we come to the end of quarter shenanigans, armed with the knowledge that steep declines tend to magically happen this time of year, what’s the ideal portfolio look like? Let’s take a look.

New Entries and Updates on the Spreadsheet

We have fills in the ES and EUR/JPY, the USD/CAD hangs on and offers another opportunity, and what do we do with the EUR/USD now??? Take a deep breath. I have answers.

Patience & Pullbacks

Even when I am watching price action move in a direction that is not follow-through, I am still looking at opportunities to enter trades. Even when I am playing defense, it’s really offense. New entries in the euro, pound sterling, AAPL, intraday Nasdaq, and crude oil.

A Sharp Divergence

The Nasdaq led the way lower on Monday while the S&P held immediate support and the Russell made a new high. Clearly we have some divergences in this market, and looking at the best sectors to participate in now will make all the difference into October expiration.

That's as far as you can go!