Archives: Daily Videos
Will the bounce last?
In this video, we discuss the push higher into the SPX 4400 level. Why is this an important level and where do we go from here? More importantly, how do we trade it? We also look at an SPX End of Day (EOD) trade I did in the main room for a 20 minute quick win trade.
Futures UP and Futures DOWN: Ride the Wave
Opening up the trading day we looked long in futures and caught a portion of the upside move, taking a long rebound signal off the open. As the day concluded, and market momentum began to wane, we took a reversal back down towards the VWAP. Half of said position is short position covered, and we will look to close out and potentially flip on a continued break.
Searching for Symmetry
The market unfolds in a fascinating series of self-replicating patterns, and one of the most interesting is symmetry. In tonight’s video we’ll review where you’ll find this resistance in SPX, along with levels on a few stocks and setups that may be worth considering into the end of the week.
These levels are being defended?
Well, are they being defended or are they being forced to de hedge?
Remember The Gamma Squeeze on GME? Now It’s Happening To SPX.
This is the answer to the question, “Why didn’t we crater today?”
This is all that matters now…
Market behavior is all about positioning for what is going to happen and we have seen a lot of that today in bonds. However, what is going to move the market is not on the chart right now. It’s not what most traders are considering and it’s happening tomorrow and Thursday.
Powell and Inflation Setups
Despite geopolitical issues, the main issue for the FOMC is inflation. With crude, grains, meats all soaring, it is difficult to a see a path for the FOMC that does not include a hawkish monetary policy and that is exactly what bonds challenged today. It’s all about Powell and his two days of testimony.
Let’s Do It Again
On Friday we reviewed a setup in Tesla and if you came into Monday with that analysis you were able to make some solid cash. A similar setup is starting to take shape again and is probably worth watching into Tuesday.