To Infinity!
In this market, we discuss the continued move higher and what is driving the markets as we continue to hit new all time highs. We discuss what can keep us going and what might derail us.
In this market, we discuss the continued move higher and what is driving the markets as we continue to hit new all time highs. We discuss what can keep us going and what might derail us.
Despite today’s big breakdown on daily time of the yen futures, the intraday weakness told a story of not just daytrading the yen the short side but to trade the indices to the long side.
The yen told the story, stocks followed its lead. Natty gas bounced into our zone, and JNJ is at a place where we want to buy… all that and more in today’s update.
With Friday completing the pattern for the reversal, today’s action holds the key in how and what price to enter. I explain the importance of the pullback for the entry long in this video.
Some good old school commodity futures trades are firing. Crude has confirmed and triggered a buy, soybeans and cattle a short. Also I discuss why today is this week’s Monday and what opening range width has to do with our daytrade setups.