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Trading the Covid-19 Market
In this video, we look at the charts and talk about what caused the sell-off today, as well as some of the wild swings we have been having lately. We are in a hyper sensitive news driven market and moving in both directions. We discuss what levels are important here and what we might expect.
Update on Crude. 11/18/2020
If you missed the original setups zones, I have a 15 minute bullish pullback for you.
Hurry Up And Wait For…?
Sometimes when it is tempting to dive in, the best thing to do is wait for the next wave.
Daytrading Futures in the Clearing Range
When we are setting up positions — like the long positions in the NASDAQ and Russell today — during the clearing/opening range, it’s wise to think about alternative entries. Here’s how we did it today.
Is CHWY Ready to Go Again?
I love trading Chewy, and with the recent consolidation, I’m eyeing it for entry, again. Let’s go over my trade setup in the video.
Another Wild Week
Another wild week that begs the question: do any of these moves make sense? Well, guess what? It’s okay if they don’t right now. Having those feelings of “no edge” can be frustrating. I look at a more bullish and yet conservative outlook heading into the end of the year. Every dip keeps getting bought, but we all know it’s more complicated than that!
Stick with the long side
While volatility will remain higher in a distribution market trend, the market has—since last Tuesday—indicated a bullish Directional Bias, and today’s action was a perfect example of focusing on the long side of this market, both intraday and end-of-day.
Ready for a setup in ROKU?
ROKU had a great move off their last earnings report, but needed a few days to digest the report. There’s a signal that might give us a move for tomorrow, and another that might give us a trade into next month.
