Feb 10 – Weekend Report
In the recent bull run higher for the General Markets, I advised almost daily using a trailing stop to lock in gains just in case we saw a deeper drop. A deeper drop to an ICL could cost you weeks of gains, a stop would lock in your gains. The goose that laid the golden […]
Feb 8th – T.G.I.F.
SPX – The SPX dropped 100 points. My report pertaining to ‘thin ice’ has played out, the volatility remains . In the past, we have seen ICLs drop down close to the 200sma, and occasionally break right through it. QQQ – In yesterdays report I used this chart to warn those ‘loading […]
Feb 8th – Playing It Safe?
When the Ice begins to get too thin to support you, you would proceed with caution and maybe even take the safer route. When the markets experience a serious 2 day slam down, it isn’t always the best time to just jump ‘ all in’ with leverage. That is a trade that may or may […]
