Another day, another major reversal!
The buyers had everything under control this morning until the rug got pulled out from underneath them this afternoon, sending everything back to the weekly lows…
Now we’re heading into Friday morning with bearish momentum, sideways ranges, and a handful of really exciting trades to look forward to tomorrow morning…
Continue readingWow, what a difference a day makes!
The bulls took control of our favorite markets today with some impressive runs higher, which means I’ll be looking for either deep pullbacks or sideways ranges to structure me entries on Thursday…
The key right now is identifying the best support levels to combine with our entry setups, here are the key levels I’m watching for tomorrow…
Continue readingMarkets are bearish going into Wednesday’s trading session, and since we finished today inside a range, I’ll be looking to either (a) short the bounces or (b) short the breakouts.
Either way, I have some great trades to watch on Wednesday…
Continue readingWe’re back in the action once again with a busy week of trading ahead of us…
Markets took a run lower today giving bears control of the short-term momentum, which means I’ll be looking for sell setups at three specific resistance areas waiting overhead. My only concern going into Tuesday is the strength of the pending pullback. Here’s what to look for…
Continue readingWe’re headed into OPEX Friday tomorrow, and with such strong runs today, I’ll be looking for either sideways ranges or deep pullbacks to trade tomorrow morning…
I’d love to get a deep pullback off today’s highs so I can look for ways to get long into the stops of the sellers, but I wouldn’t complain if the markets trade sideways either because the strategy is so simple. Here’s my plan no matter what we get…
Continue readingThe markets sold off this afternoon and finished the session right near their lows, which gives the bears control of momentum going into Thursday…
With bears in control, I’ll be looking for ways to “short the bounces” up around key resistance levels I’ve identified on the charts tonight…
The only variable I see for tomorrow are the ranges from earlier today. Ranges act like price-magnets, so I’ll be watching the strength of these bounces to tell me which specific entry setup to use. I’ll show you everything in tonight’s video…
Continue readingMarkets are bullish going into Wednesday’s trading session, and with strong runs higher to finish today’s session, I’d love to buy some deep pullbacks before we retest the highs tomorrow morning…
The only challenge I see is the potential for these markets to trade sideways overnight. If they do, I’ll start looking for ways to get long below those ranges using failure setups… let me show you where to find the best entries…
Continue readingWe’re back to our desks once again, this time for a busy third week of April…
We continue to see range-bound markets on the charts tonight, which is great because the strategy is so simple…
Ranges act like magnets, so I’ll be looking for opportunities to buy low, sell high, and focus on failures for the best entries tomorrow morning in our trade room…
The only challenge I see on Tuesday is dealing with momentum. I’d love to get short off these range highs, and buy off the lows, but I’ll need to stay patient for the proper entry triggers. Let me show you what I’m looking for…
Continue readingAre you ready to get long on Friday morning?
Not so fast – before you go chasing these markets higher, let’s take a closer look because it appears the “easier money” might be getting short to finish the week…
Why? Because when you combine this week’s ranges (magnets) with today’s bull breakouts, and some major resistance levels overhead, you have a recipe for short-selling success…
The only challenge is – the bulls have all the momentum. So I’ll need to be patient for only the best reversal setups tomorrow morning. Let me show you how to find them…
Continue readingWelcome back – charts are prepped and ready for Thursday…
We’ve been trading inside narrow ranges for most of the week, but I’m seeing lots of “rotational” clues this afternoon that suggest a breakout might be right around the corner…
Breakouts are tricky because most of them fail, no matter how convincing they look at first. The key is waiting for the proper “proof” in momentum…
When you get the proof, you take the breakout. But when you don’t, you look for the ‘fake-out breakout’ instead. It’s easier than it sounds, let me show you…
Continue reading