Blue Light Special Entries.
Pullbacks are Blue Light Specials in an uptrend. And in the case of the index futures, it’s those opportunities that we want to focus on both intraday and end-of-day.
Archives: Daily Videos
Coronavirus and Country ETF Setups
The reality is coronavirus can effect the markets. As futures traders we have access to many equity index contracts, but not all, and not the ones that are especially effected by productivity slow-downs and health concerns about the coronovirus. Here is the list that I am focused on, and how I will trades these (new) downtrends.
Is SPCE Ready to Blast Off?
I’ve got my eye on SPCE, the first space exploration company to be publicly traded. There is a lot of hype around this stock, but there is also a specific setup.
Running Out of Steam, or Another New High?
Currently the S&P is sitting directly below the high, after softening up the last two days, but there are still plenty of trading setups. Let’s look at AAPL, HD, LOW, TSLA, BYND, AMD, and some potential short squeeze candidates.
US Dollar Strength For Next Week
Currencies are not just the playground for traders in the forex market. There are currency futures and ETFs, and when the US dollar is in play, these offer excellent alternatives. With the Non-Farm Payroll number keeping traders and investors waiting for a rate cut from the FOMC, the US dollar is back to rallying and setting up some solid trend following trades.
Setups For Next Week
Whether it be scanning for pullbacks in ES and YM or the heavier weighted stocks in the index, dollar strength, or the long yen, gold, and bonds position… there’s no lack of opportunity a quick pullback could give traders. Let’s stay ready.
