As we talked about yesterday, a slightly lower low was in the cards and that follow-through into the weekend sets up a potential day of buys for us on Monday. There is one approach I also like to setup aggro entries: The two red dot trade.
After the big sell-off that we’ve been looking for, what’s next?
And just like that, the market makes a high volume sell-off. Let’s look at what is meeting my criteria for a pullback entry.
I say retracement, and likely exacerbated by the aggro buying through mid-May to early June. Long squeezes are real, my friends. Here’s the watchlist and timing for my potential buys and also how I use shorter term time frames and volatility analysis for the setup.
In this video, we discuss the FED action today and what it may mean for the market. We continue to go higher, but when will it end?
This is a common way futures traders can find alternative and additional opportunities with the NASDAQ.
