Are the Bulls making a comeback in the S&P? 🐂💪 Get ready for an exclusive analysis! In my latest video, I delve into why the Bears have been dominating the market lately, but there's a glimmer of hope for the Bulls in the S&P. Sadly, the Nasdaq and Russell 2000 haven't joined the party just yet. 📈🚀 Let's talk confirmation and the essential indicators I rely on:...
Crude Oil is the market to watch right now as everyone has turned complacent with inflation slowing. If CL starts to rally that can change the inflation story very quickly and potentially get a lot of trader off guard. Fundamentally CL has a lot of reasons to rally according to many of the Macro Traders I follow. Technically CL also has a bullish look as it has...
The market has finally shown some signs of weakness after Friday's close. In this video I explain why I will be selling rallies next week in CME_MINI:ES1! looking for further price action to the downside. I show you my process for determining support and resistance levels using Bollinger Bands and how to use my free (open source) indicator on TradingView, Beacon.
Market Environments are constantly changing. One day a bull market is in play and the next day we could be starting a bear market. With inflation looking as though it's going to continue to come down, is the Gold Bull Market over? I think it is (for now). Who knows what the future brings, but with what I see in the data and what I see on the charts, Gold's next...
Big picture charts always supersede short term charts. Many day traders think that just because they are short term traders they don't need to look at the big picture charts, but in order to be a better executor of your short term strategy you need to understand the context of the current market environment. Should I be smaller and quicker to cover my trades?...
When the Indices are working together we get clean moves. When there is divergence in the technicals between the E-mIni S&P 500 and the E-mini Nasdaq 100 we get a very choppy environment and it usually frustrates a lot of traders. March is setting up for a bumpy ride as there is no clear path for the Indexes right now. In this video I explain why the S&P and...
For traders it's not about what the Fed does or is going to do, it's about how the market reacts to what the Fed does. Today the FOMC raised rates by .25 basis points and the markets took off. As of right now the bulls are in control, but for how much longer? In today's video I go over how I will determine a market top and ways to tell if this rally still has...
I have been trading the E-mini S&P 500 since 1998 so I have traded through several Bear Markets and there is a theme to them and how they end. In this video I go over the bear markets in the Dot Com Bubble and the Global Financial Crisis and compare them to this recent Bear Market. I share how I use a weekly chart with a 52 week moving average and an RSI to...
As we enter a huge week of data for markets it's important to know the key levels of support and resistance for the E-mini S&P 500 Futures ES1! In this video I explain how to use an RSI, Auto Anchored VWAP's, 10 Day Moving Average, Bollinger Bands and my Beacon Indicator to determine key areas in the market. I use this strategy for day trading and swing trading...
Environment is everything. If you are a short term trader or swing trader I believe it's always important to have a bias of direction. The bears recently took the bulls punch with a decent rally off the lows and the bears fought back with vengeance. This is not my opinion, this is what my strategy tells me. In this video I go over why I'm so bearish the E-mini...
When it comes to day trading the most important part of any strategy is understanding what type of market environment we are in. Are the bulls or bears currently in control of the E-mini S&P 500 ES1!, E-mini Nasdaq NQ1!, E-mini Russell 2000 RTY1! and Interest Rates? In this video I share my thoughts on who is in control and where I think the next critical areas...
Market Environment is key to any strategy. If we're in a bear market and the environment shifts to a sideways market (like I think we're seeing temporarily happening right now in the E-mini S&P 500 ES1!, then you have to adjust how you execute your strategy. If we're in a bull market and the market environment shifts to short term bearish or sideways like I...
Interest Rate Futures are the market leaders this year. Our technical indicators have less of an impact when the Bond & Treasury Markets are on the move and as Traders we have to be aware of when that is and how it impacts the price action in the E-mini S&P 500, E-mini Nasdaq 100 and Russell 2000 Futures. In this video I go over a simple, but effective way I use...
We're in a phase of the markets where the E-mini S&P 500, E-mini Nasdaq 100 & E-mini Russell 2000 Futures are all moving together without divergences. This is a good look for Index traders because when the Indexes are working together we get cleaner moves. In this video I go over the key technical areas I am seeing in these Indexes and how I now have a line in...
After that steep selloff we had in Bitcoin down to around 25k I anchored a VWAP to that day to see if we could hold above it to gauge the strength of the market coming off that low. I also kept up a simple 10 day moving average to gauge the trend of the market. The entire rally off the low we held below the 10 day moving average and as of today we failed to hold...
In this video I go over several reasons why yesterday's low signaled to me that it is a good low to now look for longs. I use a measuring tool for rotations, Bollinger Bands (20 Period 3 Standard Deviation), 10 day Moving Average, and the Year To Date Auto Anchored VWAP. I connect my TradeStation account to Trading to Trade Futures. Past performance is not...
Simplicity is King when it comes to day trading futures. One of the keys for me when I am day trading futures is to find one side of the market to trade on and stick with it throughout the day. I think too many people get caught up trading both sides of the market and get themselves over trading. In today's video I show you a simple strategy using a 3 minute...
I see a lot of talk on whether the S&P is in a bull or bear market and IMHO, neither the bulls or the bears have control right now. I think this is a 2-way tape frustrating a lot of bulls and bears. In this video I share my simple process for assessing how we are in a 2-way market, not a bull or bear market and how I am using Anchored VWAP's to keep me out of...