All roads lead to it… For now.
If Jeopardy host Alex Trebek said this, your response would be, “3860”? Tonight I will address the ongoing choppy trading conditions and when/where/why the light may finally be at the end of this tunnel.
If Jeopardy host Alex Trebek said this, your response would be, “3860”? Tonight I will address the ongoing choppy trading conditions and when/where/why the light may finally be at the end of this tunnel.
U.S. markets still have potential bearish patterns, while the foreign market’s bearish patterns have been nullified. I want to see if the U.S. markets can also nullify any bearish patterns.
Is $AAPL the next stock to feel the wrath of the bears? The break under the key $130 level suggests the selling has only just started, and here’s how I’m looking to participate.
$AAPL is the “last man standing” for big-tech, though the tides are turning bearish with the break under $130. If previous support acts as resistance, there could be a short to take advantage of. Let’s discuss.
With high-concentration weighted stocks like AAPL and TSLA heading lower, what effect does this have on the NASDAQ and S&P and what are the setups to watch for?
As 2023 trading begins this week, we are not lacking for hot zone and data with FOMC Meeting Minutes and Non-Farm Payroll this week. In the meanwhile, the split between concern for equities and expectation for lower yields later this year or early next has bonds and stocks sending intermittent mixed messages.
With big reversals from the highs of the opening, I only want to trade break ups or breakdowns, AFTER the opening.
With 2022 now in the rearview mirror we usher in the new year next week. By the way, can you believe it? The SPX goes out at balance again this week. Right back to that big OI that we’ve discussed. There is good news though. That… I will save for the video.
It’s been a great year. Thank you for being a part of it and for being part of the Simpler Trading community & family. Next week we start fresh with plans to have an even better 2023. Tonight I’ll offer a review and a plan going forward. Happy New Year!