It’s important to have exposure on both sides of the market here, and this is specifically why.
A great morning for the clearing range setup and one that challenged both my buy bias — led by MSFT and FB earnings — as well as a seasonal intraday bullish bias. We trusted our gauges and traded the 90-minute window to great targets.
It’s a big day for crude and oil stocks tomorrow and I am waiting for a correction that will give us another great pullback back in this uptrend.
In this video, we talk about the SPX 2940 all time high as we approach it and what might happen as we get further into earnings season.
