EWD Market Update for 11/24/2021
Short-term patterns will get tough to read with light holiday volume.
list of Member Webinars
Short-term patterns will get tough to read with light holiday volume.
Same scenarios from Thursday are in play.
One of my favorite day trading concepts involves the squeeze and specifically how we can use bigger picture squeezes with a combination of intraday squeezes to capitalize on bigger picture moves. I like to prep on larger timeframes to find the setups with more power and energy behind them to get a unique edge in the market.
One spot we’re looking to potentially take action on is TSLA. We have our open positions on AMZN, AAPL, and NFLX so we’ll review our open positions there as well.
Up is the path of least resistance. Could we see an explosive move Friday?
Here are the clues I’m looking for in the next move.
Hey Mastery team! Let’s review the market heading into the close on Friday, Nov 12th. Besides the few days of downside, the trend, structure, and momentum are all on the same track to the upside. In this video, we’ll walkthrough our open positions on AAPL and NFLX and the plan going forward.
Increasing confidence in ongoing uptrend is accompanied by decreasing confidence in the path there.
Are we getting close to a larger-degree move down?