Are the Bulls Back? 2/13/2018
Today’s rally was anticipated by the Fibonacci timing work, but we still have to watch for a possible failure on the way up.
list of daily videos
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.
Not all markets are reversing. Some are simply going to deeper corrections. How do you tell the difference and how do you know when and what strategy to shift to? I show you in this video, along with the four main markets we are trading now.
In markets like what we saw this week, the fear of missing out can really creep up on a trader. But, if you know what you’re looking for, two to three well-timed trades sure beats a day of constant fishing. Let’s see what that looked like via the market internals and review where we stand … Read more
When’s the last time we have seen price action like this? Frankly, it’s a toss-up between never (Monday’s sell-off was a record-breaker) and about a decade (think 2007-2008). It’s not necessarily that the markets we are trading have to be changed. It’s the time frame. Here’s how I make that adjustment.
This market has followed the same pattern that we discussed at the beginning of the week. That means this is what to look for on Friday.
For the first time in what feels like a while, we’ve seen three up days in Bitcoin. So, is it time to buy? Let’s take a look at the few different levels I’m looking to clear before I’m ready to step back in.
There are some very important parameters we are watching in the SPX cash that will give us a clue!