In this video, we look at today’s reversal off a series of all time highs. Is this the start of a larger downturn we have all been waiting on? We look at levels and try to make sense of this messy market. We talk about upcoming events and how they may affect the market, as well as looking at a trade idea in the SPX.
Look no further than crude oil and copper. The two commodity “canaries in the coalmine” reminded us to stay bullish stocks and also focus on some oil stock opportunities… here’s what is on my radar.
The 123 bottoming and Wave reversal patterns are formed. The question is, will real yields drop?
I give you levels on the Daily, 120, and 10 minute charts to help us decide what may happen next. Please come join us in the Fibonacci Room at Simpler Trading!
As futures index traders, the strong and weak sectors are part of the relative performance conversation. Let’s discuss where to put your attention.
As the NASDAQ rallies in front of tomorrow’s earnings, we are reminded that financials are not a heavily weighted sector in the NQ, but are in the ES and YM… who’s ready to play catch up?
Gold setup on the 120 minute chart has gone through 10 minute resistance. It has triggered on a 5 minute chart. Be nimble since there are setups on both sides of the market in gold.
