Calm Before the Storm
While the market churns in this wide ranging chop to no avail, I think I see what is going on and when it may end. I’ll do my best to explain what I am looking at in tonight’s mid week market update.
Archives: Daily Videos
Biding Our Time — What to do in a Doldrum Market
Check this video to see how we allocate our time in a choppy market, and avoid risk-prone pitfalls.
The Next Major Squeeze
With every chart I review, the first thing I’m looking for is the status of the Squeeze. This signal is helpful with directional moves, and is starting to show up in some of the most important currencies and stock indexes.
Measuring Monthly Expiration
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Looking for December Shorts
Though the bulls have had a good showing over the last few days, I continue to think the path of least resistance is to the downside. Let’s take a look at the SPX short we’re pursuing in the Options room that provides plenty of time and cushion.
The December Short
While the signals on the bigger timeframes remain bearish, we want to continue shorting into the rallies. Let’s cover the December SPX short we’re currently bidding for, which offers plenty of time and cushion to catch the next leg down in the market.
Short the Rip or Buy the Rally?
I explain what I am focused on and why, using volume in a way that has been very accurate in this choppy market.
Solving the S&P Puzzle.
What do we need to see to confirm the ongoing bottoming process in the S&P? Here are the levels that I am watching the corresponding levels in key markets to confirm the shift.
Play the Chop in DKS
In this video I walk through DKS consolidating chart pattern and discuss one way you may trade the chop to your advantage.
Daily Squeeze on FDX
FDX is starting to show signs it could roll over while continuing to hold 160 as a price resistance level. In the video, I walk through a few different trade ideas to consider to the downside, and also one to consider to the upside if we start to break higher instead.