ShadowTrader Video Weekly 06.28.20 | Why I’m Not Bearish Yet

All major averages wildly divergent Friday’s action swung around a lot but value unchanged and no POC migration for 2 days Some FANG’s didn’t respond to earnings and that’s important. Still loving GLD/SLV and a few other ideas

It’s not bullish and it’s not really bearish either, it’s just boring Full T/A workup on majors How has FANGMAN reacted to earnings so far? Trade of the Week: GLD continues to shine and is about to break a record

Last week’s “something big” wasn’t much of anything at all How to stay nimble in the market and change your mind quickly Trade of the Week: UVXY bailout The breakout levels for next week: where to get long and where to get […]

Five day balance area in S&P – Balance leads to excess NDX close to upper end of channel resistance Russell still threatening to break up trend but hasn’t yet. Nothing like market profile to see areas of balance and value