The more time that passes, the further away your breakeven gets.
Let’s review today’s drama-free day trade on why I got in, why I got out, and most of all: Did it play out like I expected?
Archives: Daily Videos
Where I Am Still Bullish
Following up on my previous video, here is how I identify the symbols and levels from which I will be a buyer. The weakness we have seen the last couple of sessions will set up some buy triggers.
Downdraft of the Day
In this video, we look at today’s big sell-off as the FED continues to make hawkish comments. We are getting lots of data points in and most are not looking good for the FED. We look at charts and upcoming events to see what to look out for and where we might go. We are at a pivotal point for the next couple of weeks as far as direction, so be ready to take advantage of it.
Debbie Downer
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The Belly Button Level
Today’s analysis begins with concepts we discussed last Thursday. It’s nice to see the analysis come to fruition, and may have bigger implications into next week.
Prepping for Expiration
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Patience Pays
Appears it was a good plan to be patient and wait for a retracement for new positioning. Today the SPX backs pulls back 1.5% to levels where I am now comfortable adding swing long exposure. I’ll explain in tonight’s update.