FRIDAY – JUNE 8th
Let’s discuss a little bit of Everything on this Friday before trading…
I’ve been a full time trader for well over a decade and began trading in the late 1990s while working in management and sales at a well-known aerospace company. As my style evolved, so did my success, and it allowed me to leave corporate America to pursue my passion and trade full time.
Let’s discuss a little bit of Everything on this Friday before trading…
SPX – At the end of May we completed out Break out and Back test, so this was expected to make a run for the January highs. SPX – And we have been running higher, so with this kind of set up, you can just buy & hold. Let me show you a couple of […]
SPX – Again, Nothing has technically changed in this set up for the SPX
Since the weekend report, there really isn’t a lot of change here, so let’s do a quick review…
SPX WEEKLY – We now have our break out & back test complete. Fridays push higher in the markets gave us this reversal off of the 10 weekly MA, and technically that is a buy.
SPX TUESDAY – Break outs often ‘back test’ the break out, so I mentioned that this drop Tuesday was possibly just a back test. General Markets would be a BUY with a tight stop at this point. ( UPRO, TQQQ, ETC). SPX YESTERDAY – SPX broke back above the 10sma and that was likely […]
After my long weekend report, I was planning on just a quick cover of the markets and then discussing various Miners. That plan changed a bit when the market action also changed a little bit. I received a few emails discussing concern over Italy leaving the Eurozone, and problems with Greece, the Euro, etc., and […]
We have really been focusing on whats going on in the Precious Metals Sector lately, so with that in mind, I am releasing this weekends Premium Weekend Report to the public, enjoy! . SPX – We discussed the break out from the down trend / triangle as bullish 2 weeks ago, but we really need […]
SPX – We discussed the break out from the down trend / triangle as bullish 2 weeks ago, but we really need some upside to increase the big picture bullishness. An ICL in Feb formed and I’d like to see new highs within this intermediate cycle. This is currently a bullish set up, as discussed […]
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