That means the bullish narrative is looking clearer, especially now that the technical picture is confirming strength. Here is the outlook on crude as well as crude oil stocks.
So much of trading is focusing on the names that will follow-through, and trends are the key. In this case, understanding the larger sector/index (the tide) and the individual boats (stocks). Get the watchlist building right and trade setups become much easier. Follow the trends, and follow-through becomes more predictable. Here’s a thorough look at the current bullish watchlist.
So much of trading is focusing on the names that will follow-through, and trends are the key. In this case, understanding the larger sector/index (the tide) and the individual boats (stocks). Get the watchlist building right and trade setups become much easier. Follow the trends, and follow-through becomes more predictable. Here’s a thorough look at the current bullish watchlist.
Although Friday’s move was strong, I’m looking at downside targets on these stocks.
One of the many tools I make available free to Simpler Futures members are the multicharts and trade flags layout. This allows traders to see relative performance accurately at-a-glance. In this case, a great pullback buy was captured by members, and here’s the anatomy of the trade.
One of the things I notice is how much many Futures members love trading stocks, and the fact is, if you are trading the ES, NQ, YM, RTY, you are trading stocks! So why not try to get a better understanding of what makes them tick? The passive investing world has had a major impact on stock movement, more than algos if you ask me. And this understanding makes stocks very tradeable when you view them as a futures trader. I cover that process as well as today’s RTY and ES in this video.
