VIDEO analysis on small-cap stocks, bearish but at fib support for a bounce as of today
VIDEO Showing where the markets should move next - DOWN
Opening Gap Signals Market Top For Swing Traders
Broad market setting up for another leg down after this week's short covering pop and overly bullish sentiment. See More Videos at www.TheTechnicalTraders.com
The chart here shows a simple trend and momentum shift in the stock market using the 4-hour chart and looking back several months. I do post videos each morning of all the major markets here
Chart paints the picture but see my previous post of this here and click the blue play button on the chart:
Expect morning overbought gap up to fade and fill Gap window. This happens all the time!!! easy morning day trade!
Directional Bias: Long Price Target: 2740-2750 Good Entry: 2600/2620 per scenario 1 / 2640-2650 per scenario 2 Risk/Reward: Max Risk of 20 points/Potential Reward of 100 points
The beginning of the 1st wave of the major 5th - to new all time high If the 5th wave has started; The first condition is to get a higher high above 1882.10. That will be 1880.6 on the cash SPX chart Enjoy my linked chat below aswell. I gather all my chart at: Face book WallstScalper Twitter: @WallStScalper Stocktwits WallStScalper Webpage coming...
Opened 500 SPXL @ 92.98 . SL 84.00 Possible Drop to 88, will average down then if we drop... Remember, this is not to day trade, big money, not quick money.
I am a bear at heart, but I perceive that a strong buying interest is afoot with the SPX500 tonight. Why the interest? Seems to imply that certain NFP knowledge is "out there" or strongly speculated.. Just my opinion, and not a recommendation to buy or sell. I am not trading indices at this time, I'm only long metals and miners... I feel that SPX500 rips up...
Notes on the chart. For a long time I thought a big correction was imminent, but I now think this market is ready to move up to the next level.
Hey guys, so the FED came out today and said that they would raise the interest rate by .25. If you have been following me, I mention in my previous post that no matter what the FED does, the market should head higher. The red lines on my graph was to illustrate my previous post and as you can see i said that it should continue up, however I was expecting a...
The Sentiment on 12/2 was 93% Bullish. As I noted: “In general it is never a good idea to Buy on High Sentiment.” We have seen that every extreme cluster of Low Dorsey Sentiment have been ideal time to Buy zones. However, it is little recognized that “High Sentiment and Low sentiment are materially different in that they represent different aspects of the...
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