Bearish Patterns with Bearish Sentiment
Thursday brought a quiet session to the markets after Wednesday’s landslide. Will monthly expiration bring more of the same or are we due for some fireworks on Friday?
Thursday brought a quiet session to the markets after Wednesday’s landslide. Will monthly expiration bring more of the same or are we due for some fireworks on Friday?
In the current market of follow-through and volatility, tightening the timeframe of our trade is a path to avoiding much of this. In this update, I deep dive daytrades from today and explain how and why these were valid trades and setups.
The sell-off is not a problem when the emphasis is on the macroeconomics that are powering the move lower. Understand those and the opportunities in this environment are easier to see.
In this video we look at today’s major free fall and look at the damage being done to the structure of the market. We once again find ourselves in a pivotal point of a bounce or failure and I think that even if we bounce, we fall further. How do you trade this mess, and can you actually make any money in this type of market?
Wow, what a crazy day today and little by little we go lower. In this video we look at today’s free fall and look at the damage being done to the structure of the market. We once again find ourselves in a pivotal point of a bounce or failure and I think that even if we bounce, we fall further. How do you trade this mess and can you actually make any money in this type of market? We look at more examples of day trades that are working and risking very little money.
Top down analysis is one of the best things you can add to your trading decisions. With that in mind let’s review ITB and some of the selling that may be in store for HD and LOW.
Today the VIX Expiration & Friday the OPEX. Things came unwound a bit today so let’s make a plan based on what we see and know.
Yesterday evening we re-engaged in our long-term NQ shorts and rode the Nasdaq 700 points and counting with a PnL surpassing 20K — with more on the table. Check it out.