Trade Setups

I provide short setups – because it is in my nature to always have a list of them handy regardless of the market conditions. Now that we have broken out of that two year range that the market has been in since 2014, I don’t see a reason to be net-short on this market.

The bulls have it – barring an end of day sell-off, that takes price back below 2034 or worse, 2030, the bulls will have closed as new all-time highs (as long as it is above 2030, it is above all-time closing highs).  To be shorting this market at this level, I don’t see why you

Please take the title with a grain of salt. At this point, the bears have blown so many unbelievable opportunities that it is too numerous to count. Short Setups are plenty out there, people. The market looked like it might try to make a big run today, but instead, it has sold off all its

Home Depot (HD) has a lot going for it today as it is break through multiple levels of resistance both from a short-term and longer-term time frame.  First you have a double bottom that has formed and confirmed over the past month. Next you have a key support/resistance level at $130 that has been

The Bears keep knocking at the lows of the day but the bulls won’t let them come through. Still, a fairly bearish day on the stock market, and it will be interesting to see how that translates into tomorrow. Is the selling done, or just a quick brexit-break from the ho-hum way of buying everything

The S&P has made a historic rally over the previous three trading days. It is no surprise that it is churning sideways a bit today. Bounces like what we saw this week are so far fetch, that they hardly ever occur. In fact for us to be down 4% on the month and rally back

Another one of those days where the market gaps up (and in some cases down) and does absolutely nothing thereafter. Granted we still have two hours left before the market closes, so anything is possible, but nonetheless, this price action is boring me to tears today. Over the past three trading sessions, the market is

Facebook (FB) has been downright ugly of late, but this past quarter it has, no doubt, been the market darling.  You have the highs that were reached of +$121 lat month, and once June rolled around, all this thing could do was drop in price. But now it gets really interesting because between $107-$108

It has been a long time since I have seen such a paltry collection of long setups. I guess when the Dow drops over 1,000 points in less than two days, then I can understand why that would be the case.  But here is what you have here. You have two massive gap downs on

SharePlanner Reversal Indicator starting to show some ugliness on the weekly chart.  By the way, before I forget, if you want to get the Daily SPRI delivered to your inbox each morning, sign up for my free market newsletter that I send out each morning before the market open. I guarantee you, for the free