Is the S&P headed for a 10% correction?What is the next support level in the major averages?Weighted AD indicator continues to shine FANGMAN+T is what to watch next week, NFLX repeat? Weighted S&P A/D Line Indicator This script plots both an unweighted and a weighted A/D line using the 11 S&P sectors and their respective weights. […]
Why do weekly options present such asymmetric opportunities Leveraging the power of time by being “net short” Broken Wing, Unbalanced, Ratio Spread with actual trade examples The best deal on Wall Street… Weighted S&P A/D Line Indicator This script plots both an unweighted and a weighted A/D line using the 11 S&P sectors and their […]
SPX ran into two important areas this week but sellers didn’t materialize Russell 2000, aka the “risk on” index can move about 40 points higher Market Profile/VIX follow up Trade ideas: ULTA, SNAP, EA, GS, MA, SQ
This week Fed Chairman Powell signaled a Fed that may just be on hold for 2019 All major averages are at key levels of make or break, with edge to the bulls What is the VIX telling us right now GOOGL the last FAANG to report and so far so good
We either the downtrend or we fail The heavy earnings week is going to make that happen The most important level you need to know for next week’s trade The most bullish stock in the market right now
All key levels broken to the upside on relief of Chinese tariffs What now, is it back to being a bull market? Sectors show that there is still a little to go on upside to SPX 2700 Market profile: pay attention to overnight distributions
Market seems to want to tag 2600 level but has been shy of it for three sessions now. Implications for next week? Structure and internals continue to be lackluster Perfect storm of resistance and the eye is just ahead Focus list: NFLX, INTC, INTU, GOOGL
Follow up from last week’s video, structure, internals Does this market have to rally before it can break? Fibonacci fans and retracements all point to same area where market will turn back down Context is king, keep December monthly bar in mind.