Wednesday June 21
So far, The SPX has put in a swing high every 4 days or so, 🙂 and here we see another one. Since we are getting late in the intermediate cycle, and since we are on day 22 of the daily cycle, I am watching each swing high as a possible top. A break […]
June 20 – Market Snapshot
On the weekend, I used this chart to point out that the NASDAQ did find support on the 10 weekly MA. This is often an area that holds as support, so would the markets move higher from here? The markets did move higher, and I would use recent lows as a stop.
A Few Trade Ideas For Monday
I posted the following 2 charts in the weekend report as a reminder of a few trade ideas that we are currently watching. I have a few more that I wanted to add before the market opens… NAK – we have been accumulating this on and around the 200sma for months. Friday mornings report […]
