Throughout the day, the yen had a singular message: Buy indices. And throughout a roller-coaster of a day with two longs and a short, it made sense to take each setup but position size larger on the long setups. Here’s how it looked and why.
Lots to wade through this week and most of it could trigger another short sell of the daily index charts for us again. In the meanwhile, we daytrade — stay nimble! — and focus on natural gas.
Ready for the economy to change? We can handle anything as long as we are in the know and are prepared.
It’s all about the bonds, as they tell us what to prepare for and why.
Today’s move was dramatic but did it change or move against our Directional Bias? Not at all. How do we find that bias — that’s what I show you in this update.
Today’s move was a gift for most of our book of trades. So now as we begin the week, what can we expect more of?
Although anything can happen in this market, remember this always shows you how the movie is going to end.
