When to consider a Fade versus Dip Buy
Trading lingo can be dizzying… in this discussion we dive into when to fade buy versus dip buy and why the environment for the setup is everything.
Trading lingo can be dizzying… in this discussion we dive into when to fade buy versus dip buy and why the environment for the setup is everything.
As we head further into the Fall trading season, the question is when will the Federal Reserve begin taper and what are the signals for a trend reversal? I explain that and more in this update.
Knowing the way in which the copper and crude oil market is one way to see risk appetite. We can also look at the sectors and whether rotation or participation is giving us insight into the indices.
Bought the dip; what’s next? Targets of course. Great entries without smart targets can become losses. Here’s how to avoid that.
In this video, we look at today’s rip higher in the indices after a week of selling. Are we back to Buy the Dip or is this a head fake?
In this video, we look at today’s rip higher in the ES after a week of selling. If you go back a year on the charts, you can see that the ES / SPX has hit and successfully bounced off the 50 DMA about 8 times so is this time the same? Are we back to Buy the Dip or is this a head fake? We go over my thoughts on it as well as a couple of nice trade set up ideas for PYPL and ISRG.
While we study the market action leading into October, beware of this…
When riding the board, notice the waves if you don’t want to get crushed on the beach.
There is always a fear that the “dip” just keeps going and turns into a downtrend, but the probability of that scenario happening overnight is slim to none. There are, however, signs that a trend is losing traction.