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Can We Keep The Ball Up In The Air?
In this video, we look at the current market action, talk about the charts and where we might go. We started the year off with a strong January, and February is looking good so far. That being said, the indices are looking a little extended in my opinion. We are past the latest economic data and the FED meeting and mostly through earnings season, so what is next for the market?
Standing Steadfast
Earlier this week I provided a plan of waiting patiently to enter or add from lower. Thus far, the market has not been so kind as to provide that opportunity, but tonight I will explain why I am sticking to my guns.
DIAmonds Are A Trader’s Best Friend
I don’t know what the future holds. I can’t tell you where the Dow is going to be in 3 months, but I do know how to follow signals, and that’s what I want to spend a little time on in tonight’s review.
This Time Frame IS The Trend
In other words, don’t waste too much time fighting against this time frame.
Gold Setup On The Radar
With the Powell event behind us here is an example of the daily price movement range at work.
200 As Resistance On TSLA?
In this video I walk through the Chart on TSLA and the possibility it holds 200 as resistance. I discuss several different trade ideas to consider.
The Pit Bull Low
What is the Pit Bull Low? I’ll explain in tonight’s update. The book is a nice easy read too, by the way. In short, it’s an observation made by Marty Schwartz years ago and it may just be the key to this week’s trade.
204.26 Is The Next Level To Watch In TSLA
TSLA has followed a picture-perfect Voodoo Lines roadmap since turning up from a Voodoo fireline in January. So long as support holds, look for an important decision about the trend at the next fireline above.
Rotation Time? II
There are some major technical changes to the market that we’ll review before next week.
Long Silver? Cautiously.
In today’s video we recognize what distribution and accumulation look like, namely on silver and gold futures. It’s quite an interesting story, and it’s just getting started. Let’s be cautious as we pick our spots being long in silver.
