It’s been quite a day for index futures traders and of all the markets we’ve had our eyes on, Aussie and Canadian dollar, crude oil, and gold, these are still trends that are intact or testing levels of the trend. The index futures did look interesting early in the day for a bounce, but by … Read more
Friday’s correction led into what we saw on Monday and the most common question is “where to now”? I’m not going to try to call the low, but I do think this is the pullback I’ve been looking to buy. Now I’m just looking for price to tell me when it’s time to pull the … Read more
The 60 point drop in the S&P was sharp, but not totally unexpected. An early short in the futures helped on the way down, but there were some names I had to cut. There were a few that worked out perfectly around earnings and a few more to consider into next week. Let’s dive in.
Here’s a recap of the entries, trading log, the app alerts, and my R-NOTES. This is a perfect video for new members and a recap of open trades.
With Non-Farm Payroll wrapping up a volatile week, currencies, bonds, gold, the volatility ranges are in play, and pullbacks are what I have my eye on.
The markets are very good about sending subtle signals if you know where to look.
