Where the Dow triggered long today
With bullish Directional Bias, there is little reason to look to the downside for trade entries. Sticking with the intraday longs continue to be the high percentage trade.
Archives: Daily Videos
Lots of Trends on the Radar
With a very good day of daytrading done by 11 AM ET, I turn to the uptrends in many futures contracts that we can trade. I share what, where, and how in this update.
Bikes, Movies, and Software
The market is in heady territory and we need to be vigilant for a change, but we are also seeing solid setups in specific stocks. Let’s take a look at PTON, NFLX, and NOW.
Who Needs the Indexes?
SPX is showing ideal trend and structure, but is also a stone’s throw away from statistical resistance on most timeframes. This may limit the upside in the indexes directly, but underneath the market we are seeing individual stocks perform well. Let’s dive in and review the index pattern, where it has room, and some specific stocks that look poised for growth.
Clearing Range Clues
The price action the first 30-minutes after the bell will set the tone for volatility, breakouts, and for RISK. Here’s what we knew 30-minutes after the bell.
VWAPs Anchors and Directional Bias
An anchored VWAP is key to using this tool in the best and I anchor ALL my volume-based tools. There are two ways to be aware of: Time and Date. Time is for intraday charts. And dates are for the daily or “end of day” chart.
Continuing in Threes
The analysis we were looking at last week continues to be one of the most powerful forces in the market currently. Tonight we’re looking at that same signal on 3 fresh names.
A Perfect Pin
I love closing Friday with a perfect pin, and TSLA worked out great this week. We’ll look at live management of that spread into the close along with an updated swing-based plan I’ll be putting to work on Monday.