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MSFT Bounces From Support
Microsoft bounced from a measured support cluster today, but it needs to continue through resistance if it is going to gain traction.
Tick, Tick, Boom, part 2
Let’s take a look at what matters… the indexes and VIX, we will combine those signals with the bigger signal from last week’s video.
Well that was fun and we’re still not yet to February expiration.
Well Thursday and Friday were tough admittedly, this might bring in an opportunity to buy any weakness on Monday for an opportunity to rally into February monthly expirations. In this video I cover the different scenarios that we could see play out and what has been the most volatile beginning of the year in a long time.
A Little Love for Gold Bugs
With the uncertainty in equities, and the Fed emergency meeting due up Monday, gold is finally starting to find its place in the sun. Today was a big day for the precious metals, and there’s a few ideas I’d like to update on this trade idea.
Where are the NASDAQ heading to next?
With downtrends intact, rate hikes imminent, and retracements triggering short entries, the NASDAQ and Russell have begun their descent. Now the question is where are the targets and how can this directional bias help daytraders find high probability entries? I explain what tools I use as well as the way in which I will handle targets in this volatile environment.
Are we back in Buy the Dip mode?
In this video, we look at the big rip higher we have had after the last couple weeks big sell-off. Is this going to continue and what do we need to watch to give us clues?
Preparing for the Inflation Data Tomorrow
Tomorrow morning we will see what I believe to be the most important CPI report of recent record. In tonight’s video I want to lay out a plan for the market’s response to that report and precisely how I would like to trade it.
How and Where to Short the Rip
On up days like today we can look at downtrends that are correcting/bouncing, aka “the rip” that we want to short. However this is not valid in all indices, sectors, and stocks… we need to start with STRUCTURE. In this update I show you what (free) tools I use as well as how to know where and when to short the rip in the downtrends of this current environment.
The 3 Best Charts
Of the charts I’ve reviewed this week, there’s 3 that stood out for some of their technical qualities and I want to keep a close eye on them for 3 different kinds of trade opportunities.
