You're In! Welcome to the Simpler Family.
Check out our Blog for more FREE Trading Tips & Strategies.
SPX 4100: Bounce, Break or Pin?
Though the weekly charts remain bearish, we’ve seen the indices close above key levels for the first time since late March. Is this enough to warrant a bit more upside? Let’s take a look.
Short NFP Week
Short week this week w/ the Memorial Day Holiday to start us off, but we do have news enough to make a difference still ahead. Let’s take a look at that.
The Over Under in AAPL
AAPL has seen a quiet week so far, but if this level holds we may see another leg higher and that’s something I’d like to be a part of.
Late sell prints, RAF Pro sell signal and VooDoo Fireline OH MY!!
There are several sell signals in XOM & here is a breakdown on why I am targeting $90.
Pressure Points: VIX, Bonds, and XLK
These three symbols can tell traders a lot about where markets are likely to head next and what levels we need to respect. May is over, and the end-of-month rally seems to have stalled.
NQ Voodoo Fireline Signals Short-Term All Clear
Wednesday night the NQ futures established support above the Voodoo Fireline. Pushing away from this level gave a short-term all clear for bulls to step in. But it’s still too early to declare a long-term bottom in place.
To Trap Or Not To Trap? Part II
The trap is sprung and it looks correct. What’s that mean? Let’s review.
Hot Air Rising
In today’s video I extend my argument for the market continuing to trade higher next week. Yep, it’s that straightforward when you look at the Voodoo Lines.
Three Thoughts
Heading into Friday I’ve got three ideas for you to consider. First is the major over/under level for the S&P, then a day trading idea in TGT, and finally a monthly play for AMD.
What does today’s rally mean?
Whenever we have strong countertrend moves the question of “what does this mean” is inevitable. The answer? It all comes down to the context of the trend and if it is still intact. In this update, I share how and what to do to continue to monitor the structure of the trend.
