Carving Out a Low
Plenty of two-sided trades today as bears kicked things off, but bulls closed the day and I think it spells continuation for tomorrow. Let’s break down today’s moves along with recent trades in AAPL and SPX.
Archives: Daily Videos
My Favorite Momo Pattern
In this update, I discuss my favorite momo and reversal pattern, the minor low, and how it will look on TSLA.
Daytrading How-To
In this update, I address how we daytraded both trends and HPMRs today and how to incorporate the notes I give members into our daytrading process.
How to Trade the Final Day of The Month
Check this video to see how to trade the last day of the month based on trends and patterns.
Don’t go chasing waterfalls.
In this video, we look at the continued selling and the waterfall effect we are seeing since Powell spoke at the Jackson Hole Summit. The market is factoring in more rate hikes and wrestling with whether we see higher or lower inflation ahead. All of this means that we are very likely to have more volatility in the weeks to come. We take a look at the upcoming dates of economic events for clues as to when things might calm down. Lastly, we go over 2 trade ideas that risk very little and were nice winners.
How low do we go?
In this video, we look at the continued selling we are seeing, since Powell spoke at the Jackson Hole Summit. The market is factoring in more rate hikes ahead and wrestling with whether we see higher or lower inflation ahead. All of this means that we are very likely to have more volatility in the weeks to come. Lastly, we look at the upcoming dates of economic events for clues to when things might calm down.
The Mid-Week Shuffle
Low for the move made today, mid-week on a Wednesday. Bearish target achieved. Question now remains, was this the low for the bounce to our bullish weekly target? I’ll lay out a plan for you to follow in tonight’s market update.
Talking Tesla
Tesla is a great product for options traders, and based off the way it closed on Wednesday, should at minimum have one more leg lower.
Today’s Break and How the S&P’s Make Their Low
To access this content, you must purchase Voodoo Mastery (Quarterly), or log in if you are a member.