How to play steel
While energy is the best performer in the reflation trade that last week’s FOMC was not too kind to, steel has come back, and these are the three specific names to watch.
While energy is the best performer in the reflation trade that last week’s FOMC was not too kind to, steel has come back, and these are the three specific names to watch.
Most of my trading is trend following, swing trading. It’s my bread and butter. However, this year especially we see more chop, and there are two patterns you will want to know. I explain the 123 and blue GRaB candle setup in this update.
In this video, I go over what I see on the Daily and 30 minute time frames. Have a great weekend!
In today’s video I discuss SPX on the Daily Chart, the break it has recently seen in resistance, and where it could be headed next. I also go over the charts on CARR and M and talk about some squeezes setting up on multiple time frames. I also walked through some possible trade ideas to consider.
Golf fans may know this and I love knowing what my favorite golfers are playing. This is the trader version of that. Here’s what’s on my chart and how it helps me make decisions about trades.
I get a lot of questions about my TradingView setup and since I am a huge fan of this platform and since many — if not most of my tools are available on it — here’s a walk-through.
Tech and energies continue to outperform, and while the list of trends has shrunk, there are still high quality trends to watch in this market.
A lot to like and take advantage of in these two corners of the market.
With the market giving us our 4th bounce at Daily cloud, the theme this year has been to make a new ATH after. The market is starting the week strong, sitting right under that ATH level and starting to squeeze on the 1hr. See if we get the breakout higher to end the week. As of now, looks like NQ wants to lead, but we need YM to join the party. Be mindful if YM starts to fail and drag the team lower. Focusing on some really nice squeezes on tech names like TSLA and NFLX if the market continues higher.