You're In! Welcome to the Simpler Family.
Check out our Blog for more FREE Trading Tips & Strategies.
Trend, Structure, Momentum
It’s a short week for the market, but the structure of key charts continues to lean in the favor of the bulls. Here’s a few of my favorite setups that looked poised for more upside, market-willing.
Boring Daytrades in the S&P and Bonds
The setups don’t have to be fast and furious but rather 1) Find Directional Bias and 2) Wait for our pitch.
How to Trade SPX during Thanksgiving
In this video, I discuss the action we typically see in the market during the holiday week as well as when SPX attempts to break above the 100 SMA after being in a bearish trend. I also walk through two different trade ideas to consider given the chart analysis.
Coiling for the next move
Sideways yet again. All roads seem to still lead to 3960 ES as they have for over a week. Tonight we will try to make sense of the next leg and which way that may be, but for now it’s just more of the same.
What Cleaning Fee?
AirBnB has been an interesting company to study for the past few years, and while I don’t know what the future holds, it seems users may be getting a bit tired of the long list of fees associated with booking. All opinions aside, let’s check the chart and see what it might be suggesting for the first quarter of 2023.
If this happens I am calling this THE bottom.
Dark pool prints with daily technical patterns and one ginormous monthly bull flag.
Holiday Week Ahead
I anticipate next week being that of lower volume and possibly lower volatility as well. In looking at the SPX it appears the IV is quite low on a smaller than recent average projected range. As usual, we shall see, but let’s lay out a plan in preparation.
NDX Fireline Resistance Revisited
Monday we talked about NDX resistance at the Voodoo Fireline. It tried to break out Tuesday but failed. Let’s revisit the importance of this spot and how to view it now.
Still on Sentiment
I’ve been covering the put/call ratio in several of these recent free videos in an attempt to provide additional clarity, and to also show how it does provide helpful trading signals. Let’s cover what that looked like today, and what it might mean for Friday.
Daily Triggers in Gold, Bonds, and S&P
Short from higher setups as the chop has traveled to the upper edge of the range. In this video I follow up on target expectations.
