Markets had a strong week and reminded us once again why we do not sell short at perceived level of resistance. The video looks at key levels of support and resistance in $SPY $QQQ $IWM $XLF $SMH $GLD and previously mentioned stocks.
The markets continue to trend lower as important longer term (200 day) moving averages are being tested and not holding so far. The video discusses key level to watch in $SPY $QQQ $AAPL $XLF $SMH
Stocks don’t always do ‘what they are supposed to do” in fact many times, they will surprise us and do the exact opposite of what we expected, that is what risk management and stops are for. Mental flexibility is one of the key attributes shared by successful traders, it keeps our opinions from getting in … Read More
The video below takes a look at key levels and trends in $SPY $QQQ $IWM $XLF $SMH $UUP $TLT $GLD $SLV $AAPL
Markets continue to maintain above their rising 5 day moving averages and as long as they do so, the intermediate term trend remains “innocent until proven guilty.” The video below takes a look at trends and key levels of support and resistance for $SPY $QQQ $IWM $XLF $SMH $GLD $SLV
It was another volatile week for the markets, the video below looks at some of the key levels and trends in $SPY $QQQ $IWM $XLF $SMH $GLD $TLT and some individual stocks.
The market has experienced a large rally this year and now a little bit of selling seems to be bringing out a lot of nervous calls that the market is topping. Perhaps that is true and we have seen highs for a while, but markets dont usually switch direction all at once, it is more … Read More
Count me as one of the many people who were surprised by the magnitude of the upside movement this week. As the saying goes “it is okay to be wrong, but can be deadly to stay wrong” or something like that… The video below takes a look at the confusing trends of $SPY $QQQ $IWM … Read More
The market has become more voaltile as world tensions rise and the price of oil is now over $100/bbl. This video reviews the key levels of support and resistance and a few scenarios for the next couple of days.
The SPY reclaimed the year to day vwap as the longer term uptrend persists. This video discusses key levels to watch and a couple of good looking stocks.