What to look for before a Dow Buy
The YM futures are still not where I need it to be, as bullish as I am, say, the NQ. However, the IYT is giving a signal I like to see to jump in earlier on a trend.
The YM futures are still not where I need it to be, as bullish as I am, say, the NQ. However, the IYT is giving a signal I like to see to jump in earlier on a trend.
The crude and heating oil markets are on my radar, as is gold and beans, bean meal, and corn. I also walk you through how to read the alerts for the room.
In this video, we discuss today’s erratic price action and look at the overall picture and what we might expect from the market. We also talk about how my trading style has changed and how I like to trade this market.
While the markets continue to defy gravity, there are long setups in a few key symbols. Here’s how the focus on the NQ, XLY, XLC, AMZN, and more which continue to pay off.
Looking on longer term charts, let’s look at the symbols and setups for next week.