How do you know when a market is freshly parabolic?
This is a popular question I address in this update, as well as the overall bias of the market, not top picking, as well as today’s daytrades.
This is a popular question I address in this update, as well as the overall bias of the market, not top picking, as well as today’s daytrades.
In this video we look at the big move higher and the hitting of yet another all time high as the market anticipates more stimulus. What does this mean to the S&P levels and where might we go from here? We consider both the up and down moves that are possible and try to figure out a game plan.
Waiting for our pitch. We got two. Controlling risk by not overtrading and choosing our entry, finding our edge. Here’s how YM and CL setup today. I will look for these same patterns tomorrow and each day!
In this video, I explain where we continue to look for swing entries and why it can take the pressure off your daytrades and make you a well-balanced trader.
We have a tale of about 5 markets and counting here. This is how I’m playing it.
Targets identified for the smaller and larger swings on the ES 120 minute chart.