In this video I talk about the Divergent Bar indicator, and how a Bullish Divergent Bar on the 1 hour chart on SPX allowed me a nice intraday profit today, and I also walk through how a monthly Bullish Divergent Bar that printed in May helped identify a potential bounce back up towards 4300 in SPX.
In this video I discuss a monthly signal on AMZN using the Divergent Bar Indicator that discusses a potential pullback down to 101 to test by the end of September. If the market (and AMZN) start to roll back over and hold monthly resistance levels, this could make for an excellent setup.
We’ve been on the buy side of the market for a while now, but Tuesday will bring a critical level for these two symbols.
I think it’s time for me to shift from overdrive to neutral. I don’t see a clear sell signal just yet but I am definitely looking around for signs because the structure left behind during this big run up has a lot of places that could stand to be repaired.
I’m back to stalking Coffee, Gold, Ag’s, Lumber and more. Let’s take a look at these in tonight’s market update.
In this video I discuss a few data points that allow me to be long once again. Even though it may not be as easy to call a low, it’s important to know that this market is a traders market and even though we aren’t searching for perfection, we can still come up with a pretty good case of expecting higher highs into September. Let’s discuss.
In this video, I review my talking points that suggests that after some cooling off, this market might be getting primed for Act #2, which would mean /ES 4500 into September. Let’s discuss.
I shared an idea with you last week that we would see a big short squeeze, let’s review how that went.
