Here is the current watchlist for DIA, IYT, XLC, and more. The process of using multi-charts and trade flags makes this simple and accurate. Having a well-built watchlist is the first and most important part of getting the trade right.
Sure, trading is about controlling risk, but the other side of the risk control coin is knowing when to take profits. In this video I explain how we managed today’s bullish but choppy session.
In this walk-through of the morning’s setups, I explain the use of the clearing range tool as well as the projected highs and lows of the hourly price movement range.
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.
