Daytrade Chart Setup & Daily Index Pullbacks
Both short and long term charts in focus today. I walk through many details of the daytrading setups we focus on each morning and the significance of the pullbacks in the indices today.
Both short and long term charts in focus today. I walk through many details of the daytrading setups we focus on each morning and the significance of the pullbacks in the indices today.
After the pullback today, I’m eyeing potential sectors on sale. SMH is one of my favorite relative strength areas of the market that also has a daily squeeze. Let’s check it out, along with AVGO, AMD, and INTC.
The pullback we’ve been waiting for for weeks is finally coming through. Whenever the market starts pulling back, it’s always just a function of how low can it go, and when can we start buying. Let’s talk about buy setups and levels in COST, MSFT, GOOGL, AAPL, AVGO, AMD and more.
It’s the beginning of a new month and with equities weakness kicking off December, we will build our watchlist for the month as more clarity presents itself. In the meanwhile, here is the breakdown on some keys names and a review of thresholds and what we have in store for our daytrading HPMRs.
With the sell-off that happened today right at the bell, what tools and setups helped us identify the resistance and short setup? I walk you through that in this video.
Although it seems like buying the dip is the best idea since sliced bread, wait until you see these three charts.
This is one of those things you can ignore . . . but at your own peril.