Is This The Turn We’ve Been Looking For?
This is the main chart you want to watch for a potential death roll.
Archives: Daily Videos
Let’s Grade the Charts
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Distribution and Downtrends.
It’s the most commonly asked question that I get: Where is the market headed? Back in the 1880’s, Charles Dow explained how market psychology and price action intersect. With that, we look at the current markets and what the expected path is for the S&P, NASDAQ, Dow, and Russell.
Rebuilding Watchlists.
Using some simple tools, I’ll walk you through how I build a list of symbols that have directional bias. Follow the trends.
Playing high volatility exhaustion setups
Crude oil rallied again on the type of geopolitical news that has moved it higher in the past couple months. But with the overall macro bearish for crude these have given us setups for shorts. Here’s another way to take advantage of these moves in related symbols.
Alerts and Setups to Kick-off the Week
COP, VLO, RTY, YM, and more on the Radar. Here are the setups that I am looking at for the first half of the week as well as some other setups that, while not ready for an entry, should be at the top of the list.
Honey Badgers are Hungry
While the overall indexes are running into resistance, there are a few strong stocks out there I have my eye on to consider the buy side. These all happen to be restaurant stocks. Let’s look at YUM, MCD, SBUX, and CMG.
Running into Resistance
While the positive move in the indexes today looks promising, until we break and close above the 50 SMA on the NQ and S&P daily charts, I am staying cautious. I like the transports and the Russell for potential shorts, and I’m stalking longs in MSFT, AMZN, V, COST, and PAYC, but unless we can break resistance, we are going to stay in pinball land.
Cross Currents & Low Volume
To access this content, you must purchase Bruce’s Income Accumulation System (Monthly), Mastering the Trade Room (Monthly), Voodoo Mastery (Quarterly) or Tr3ndy’s SPX Alert Service (Monthly Trial Add-on), or log in if you are a member.