Here's a detailed video on how to make use of market sentiment early on. If you are looking for value investor longs, you'd need sentiment to feed in further and drop the price of the SPX. For shorts, you'd need continued sentiment to support a downside case. More would need to follow post Fed Member Goolsbee regarding jobs/inflation.
Just a quick recap of what the market did and my thought process behind trades that I took.
We often hear about the dream of Bitcoin decoupling from the major markets and how that will look and when that will happen. I think it is a great topic to pay attention to and take note of. You want to try and use ANY and EVERY tool you can to be a better trader and or look for any opportunities to seek out a correlation missed by others and use it to your...
Any Elliott Wave people out there want to take a look at this expanded flat pattern, as we approach the 200-day moving average around 3000 on the S&P 500. Major bear market top resistance. What do you think is going to happen? Could be a dramatic overnight trading session and big important day tomorrow. To see if we stay in the bear market area, or cross over into...