You're In! Welcome to the Simpler Family.
Check out our Blog for more FREE Trading Tips & Strategies.
Great Week, Prep for Next.
Great week this week. The bulls held the line and traded straight for our upper target @ 3912 SPX. In tonight’s video I want to make a similar plan for next week.
3 Stock Picks
In tonight’s free video I’m looking at 3 stocks picks and their most critical levels for next week.
0 Day SPX Trades
Now that SPX is offering expirations nearly every day, trading the 0 day series has been a hot topic. There are a few ways of going about it, but today’s example gives us a chance to discuss these trades using one of my favorite butterfly strategies.
Light at the end of bottom
The bottoming process in the indices is coming into focus as the indices are transitioning to neutral markets, but we have seen this before. Why is THIS time different? In this update I go through, chart by chart, what we need to watch to confirm the process.
Mid Week, Pre NFP Update
We’re half-way home but with plenty to prepare for. As a reminder we will get the jobs/unemployment (NFP) numbers Friday morning, but here is what I see leading up to that.
Things To Watch For
In this video, we look at today’s FOMC minutes and the market’s reaction. We also discuss the upcoming events that will be important to watch and trade around. Lately, we have been having lots of small rips higher, but as we are in a down trending market, most of the time it is best to fade these moves.
Daytrading vs Swing vs Position Trading
In this market, the basics are worth revisiting and in this update, we discuss how each is important and which timeframe is relevant.
Can Bulls Own July?
Bulls need a hot start next week, by Wednesday, to trigger the patterns. Any failure to do so will result in lower prices. Let’s review the setup and a handful of picks.
NASDAQ-100 is Bearish Under the Voodoo Fireline
Holding below the most important of the Voodoo Lines levels will keep pressure to the downside for the Naz. Let’s look at some possible spots for resistance.
