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Laggards in the Bounce
If you still have your analysis pointing to more downside (I do) and you are looking for shorts, consider relative performance laggards. Those names are just a step behind everyone else rallying this in “bad news is good news” environment.
Lower Lows in Crude Oil
The production cuts in crude oil could not beat the hype and crude oil is trading lower because of it. Classic “buy the rumor and sell the news” scenario. Once we have a narrative on a market and can confirm it with the trend and technicals, we can start to look more broadly at other markets it will impact.
The Importance Of Daytrading Bias
We revisit the importance of the currency lineup and look at what other symbols can help determine the path index futures (and risk!) will follow each morning.
Rally In A Bear Market?
In this video, we discuss the SPX erratic action lately. We look at different levels to watch for and talk about what may happen with this rally.
Retracement Buy in Bonds
This setup involves the (free) Propulsion dot indicator, waiting on the price trigger for the underlying futures contract, and then pricing calls in the TLT ETF. Here’s how to put it all together.
Gold vs Gold Miners
With gold trading at the top of the distribution market trend resistance, I am ready to short this contract again, but after some more discussion, we decided to short this instead. Watch today’s video to see what we chose and why.
Entry points for TSLA and TLT Plus Next Move For NQ?
While the bigger moves to the upside are done, this is still something to watch out for.
Another Look at Clorox
People are still stocking up on cleaning products, and it doesn’t look like habits will change anytime soon. Let’s look at CLX, because I like this solid trading setup.
Is intraday volatility creeping back to normal?
As historical volatility exploded, we all saw the aftermath in Value at Risk issues with hedge funds, and I shelved my volatility-derived support and resistance levels. Knowing where these levels are gives us more confidence for entries and exits, and the current levels are telling us something about intraday action.
