In this video I discuss an SPX into close lotto trade idea and how Day Trading them can lead to a better win rate. I also walk through keeping risk low to ideally help stay profitable overall when doing cash settlement.
In this video, I discuss the first week of August as a time for the bulls to rest. It’s not a bad idea to entertain the short side for 7-10 days, here are my thoughts as to why…
In this video I give supporting arguments for more weakness after a huge move higher this week. Re-testing /ES 4000 makes sense, but then I’m going to give myself the green light to buy this thing again.
While the bears have had full control of the market all year, we’re seeing signs that the tides are beginning to turn. Should the market trend higher from here, TSLA is one of my favorite picks for the potential of an explosive move.
The bulls made some significant progress this week, and while the world is bearish, I’m seeing signs that the bottom is in for now. Let’s take a look at the improvement in the structure and signals that’s pointing to the path of least resistance being to the upside.
Intuitive Surgical found support in June near its Voodoo fireline. A squeeze could send it upward to the next treeline upward at 234.33.
This week has seen several megacap tech companies release earnings and most have resulted in higher prices. We’re seeing that again with AAPL and AMZN, and their action tomorrow will be pivotal in shaping next week.
As I continue to perfect my use of the Voodoo Lines, I’ve noticed movement that I’ve come to refer to as “tractor beam moves” and that really showed up today in SPX. Let’s revisit the setup and considerations we’ll have for tomorrow.
