Technical Difficulties
To start with, I know many followed me on this trade, since it was pointed out a few times as low risk above the 200sma and very oversold. You should not have been stopped out with price holding the 200sma, as part of the trading plan. . CLF – May 23 – Low risk entry […]
Trust Issues
Let’s get right into the weekend report, and I will discuss all of the sectors and why I chose trust issues as a theme. . SPX– Last weekend I had been discussing the expected rally and the potential that it has to be strong since price is near the highs, but the signals that I […]
May 27th – 3 Day Weekend In The U.S.
Not much has changed from Thursdays report. Janet Yellen speaks today and she possibly could shake things up with some dovish or hawkish talk, so we’ll see how that goes. And then all then traders in the U.S. will have a 3 day weekend to think about it. . If you are heavily invested […]
