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What to expect?
In this video, we look at today’s all day selling pressure and try to figure out which way we are going. We have the big event tomorrow morning before the open of the CPI numbers. This will give us an idea of whether inflation is rising or falling. This in turn will tell the FED what they need to do as far as future interest rate hikes, so this is a big data point. How do we play this and what can we expect?
Look Out Below
The market is very weak and sold off into the CPI report coming tomorrow morning. While there might be a surprise move with that, the overall direction is down and I am seeing TSLA lead the way.
All about CPI from here
Since the beginning of the week, we have been preparing for the all important CPI report Thursday morning. Well, today the ES reset itself by trading back to the weekly open in preparation for the same. Will it be up or down? Of course that would be great to know but we can prepare for it with some targets for either and possibly both sides.
Did the VIX just give a buy signal?
The volatility contraction game has been in the lead for weeks but a big part of that shifted today, and it gives a signal that’s worth making note of.
Down goes the $DXY?
For the first time this year, we’re seeing signs of the trend in the dollar ready to crack. Could this been the “green light” that bulls have been waiting for? Let’s discuss.
Trading with Volume Support
This morning after the opening sell-off in the S&P the volume support signaled a buy, and that was the trade of the morning. What about the afternoon sell-off? We take a look at volume, volatility, and more for this walk-through.
The Song Remains the Same
Largely a recap do-over of last Friday’s end of week wrap up where we had in mind still a little higher in the ES. I have in mind about the same targets and support levels but we’ll take a look at tying it in with the calendar and options chain as well.
Can $XLY Pick Up the Slack?
There may not be a reason to buy anything in this market, but if there is, we should first see that in the macro picture. Let’s start with one of the most important charts in the market, and then move down into what we might see from XLY.
Continued Selling for AAPL?
In this video I walk through two different things I am watching for on AAPL to consider a short to play lower. I also discuss a couple of different trade ideas to consider if the signal appears on the charts.
Is AAPL green and growing or red and rotting?
AAPL closed the day right at an important decision level with implications for its longer-term trend.
