Silver, Patterns to Watch, Shifting to the Daily
There are days we are on the anomaly side of the probabilities, and today is one of them, so we SHIFT to the longer-term and take advantage of trend following corrections.
Archives: Daily Videos
The move continues with another new all time high!
In this video, we look at today’s big rip higher and the levels we are hitting. We are getting very stretched, and we talk about a possible pullback and what that might look like. In addition, we talk about upcoming events to watch for.
Crude Oil: The beginning of the sell-off or setup?
After the sell-off Wednesday, leading up and after the inventory release, crude oil buyers are hit with a few pessimistic narratives, but the one to watch is OPEC+.
Copper, Crude Oil, XLV, and More
Some interesting daily time frame patterns continue to offer longer time horizon opportunities.
Bullish setup in SNAP. 9/2/2020
SNAP has triggered and your risk is defined on the daily and the 15 minute charts.
An XLV Setup now, and the Bond trade that triggered.
Today’s sell-off in healthcare offered a way to grab a piece of the S&P while that setup we spoke about just last week in bonds has triggered and is following through.
Gold, Bonds, Crude Oil, and Today’s Daytrades
Gold hit a target better than I expected, bonds followed through on the minor low, and crude is stalling a bit, but we have already scaled out, so we can relax with a breakeven stop. I also discuss today’s daytrading entries.
Dow 30k?
Traders love “big round numbers,” and the 30,000 Dow print continues edging ever closer. AAPL isn’t as key anymore, but these two names should help carry the index into this psychological price target.