TTMTrades

TTMTrades

Intraday Charts have flattened out and are currently consolidating for a possible bounce. Keep in mind the overall set up is still bearish, with the 2 hour chart and Daily chart with a downtrend set up. May be a good opportune to reposition yourself on the ride down.

16:11

TTMTrades

The VIX (Fear Gauge) is picking up momentum to the upside and that is never good for the S & P 500. Intraday charts are almost done consolidating and have even begun breaking down. Seriously, we lose $380, then $374 is next, we lose $374 then its a free fall and fast down to $360. Trade Safe!

14:07

TTMTrades

House passed $1.9 trillion stimulus bill, but is that really enough to get the market moving to the upside? This is just my personal analysis, let me know what you think.

TTMTrades Updated 

Market has established an intra-day double bottom with solid volume a both troughs. Overall 2 hour chart trend is still a slow bleeding down trend, but look to see a potential bounce in the short term. As stated in my last video/post, $377 is still on the table.

TTMTrades

VIX Is rallying, TECH Sector Is Selling Off Intraday and Bond Yields are going up. Before we yell Market Sell Off, lets see how we do with $382 to $37 first. Video link below!

10:47

TTMTrades

Good Evening Fellow traders, looking at my chart set up I show you how we could possibly be moving lower to $382 or even $377 pending if the bears really show up. If $377 is lost that could put the chart in a set up to possibly drop further to $360 BUT only if we lose $377. One trade at a time, don't get excited yet and start yelling market sell off!

11:46

TTMTrades

Here I show how on my past 3 trades taking puts based on my signal, SPY has shown the same shakeout period before the pullback.

TTMTrades

30 Minute Chart (Left) PMO has begun to fade and crossover its averages showing a temporary top is in for the moment while they SPY adjusts and consolidates at this level. 2 Hour Chart (Right) PMO is still in tact so the trend is still upwards, would look for a pullback within the 2 hour charts bands currently established as the BB Width is falling below its...

09:13

TTMTrades

Join me as we look at the intraday charts on the S & P 500 and the VIX. Looks like there could be a short term pull back on the horizon to close out the week. Tune In and let me know what you think....

TTMTrades

Daily chart has been on a slight downtrend which on the higher time frame (Weekly Chart) shows a slight consolidation cycle into the higher time frame. Price action has reverted back to its mean on the Daily which is the 150 SMA, which reflects the higher time frame middle BB. Weekly chart still in tact as far as an uptrend, daily chart has broken out of its...

09:45

TTMTrades

AAL shares are being accumulated by large institutions and they are doing it quietly before it breaks out. Very smart play seeing that vaccines are coming into play and sometime in the near future the government will be able to get it under control. Once this happens, then you will see travel pick up dramatically and Airline stocks take off as retail traders...

06:13

TTMTrades

Intraday charts are set up very bullish to reflect the daily chart move. Once we get to $400 we can go back to talking about a correction, but that is not happening anytime soon.

TTMTrades

BA and many of the Airline stocks have based out and found a bottom. Many large institutions are accumulating shares on the low before the break out with higher highs and higher lows being established on the weekly chart. I would look for an entry around $195 to $200. Hard overhead resistance around $290 to $295.

TTMTrades

Market is consolidating with a breakout on the horizon, and I can tell you its not to the upside. Correction in play %10 minimum.

TTMTrades

A strong U.S. dollar could be bad for large-cap multinationals because it makes American goods more expensive overseas. If the U.S. dollar continues to appreciate, then it could also have a negative long-term impact because those overseas consumers will begin to turn away from American brands. On the other end of the spectrum, domestic companies will not be...

TTMTrades

2 Hour chart has broken down completely and is currently trying to hold the double bottom established which will coordinate to the Daily Chart bottom 1 STD DEV BB and the Weekly Top 1 STD DEV BB. Long Story Short, We lose $369 on strong volume We lose the Daily uptrend and $345 to $350 is very realistic. I would not be long unless you are playing very short...

TTMTrades

Yesterday was a double bottom in the 30 minute chart for a $380 attempt, today we have a double bottom in the 2 hour chart for another $380 attempt. If we break through then we attempt old resistance at $385.

20:00

TTMTrades

Today we review the S & P 500 through the futures market and where could we possibly go from here utilizing multiple time frame analysis, Double Bollinger Band Strat, and a few others. Leave a comment and let me know what you think. Do we break $380 for a rally or do we fail $370 to start a deeper pullback? AMEX:SPY CME_MINI:ES1!