Trading Block

Trading Strategy: Trading Notes: A respectable rally yesterday on very light volume. I expect the light volume to persist into the FOMC Statement tomorrow, where the volume should pick up dramatically at 2pm eastern. Until then, the movements seen today and into tomorrow, won't necessarily be considered anything with conviction. So, I'm staying 'as is' with

The CPI Report has jump started what is turning into another stock market crash. Stocks had their worst week in over 8 months and now looks to test the stock market lows. Will the stock market crash continue or will it find support and form a double bottom? In this video, I provide my analysis

Trading Strategy: Trading Notes: It's FOMC week, and that means you can expect some serious fireworks on Wednesday, starting at 2pm. What the ultimate direction is, nobody knows. Previous FOMC Statements + the presser that follows has resulted in some of the biggest rallies of the year. But at Jackson Hole last month, Powell struck a

Trading Strategy: Trading Notes: The prep work put in place, from holding PSQ and SDS, to adding QID and SH, has played out well, especially with the extreme pre-market weakness currently being seen. Fedex announcing their earnings being as putrid as they were, is shocking the entire market. When you consider commerce as a whole, they

Trading Strategy: Long: ProShares Short (SH) *See notes below* Ideal Entry: 15.86 Stop-loss Option: 15.38 Target: 17.16 Risk Rating: 3.6 SH: If my ideal entry is triggered in the first 30 minutes of the trading session, I will not enter the trade. Instead, I will enter a trade after the first 30 minutes on a break of the highs of

Trading Strategy: Trading Notes: Yesterday's massive reversal set a huge bearish tone going forward, and sets up the market for further downside in the days ahead. Today will be important for the market to get the follow through to the downside, to confirm the move. At this point, $SPY sits on its rising trend-line off the

Trading Strategy: Long: ProShares UltraShort QQQ (QID) *See notes below* Ideal Entry: 20.99 Stop-loss Option: 20.13 Target: 23.56 Risk Rating: 4.2 QID trade setup is based off of the QQQ chart.  QID: If my ideal entry is triggered in the first 30 minutes of the trading session, I will not enter the trade. Instead, I will enter a trade after

Trading Strategy: Trading Notes: No new trade setups heading into the open, but that doesn't rule out the possibility during the trading session. The bulls are looking to continue the rally for a fourth straight day across the indices. Volume is starting to re-surface post labor day, and SPY is now testing, in the pre-market, the

Trading Strategy: Trading Notes: Indices and all the sectors as well are attempting to push higher for a third consecutive day and looking to snap a three week losing streak with more than 2.8% in gains heading into the open. There's a very good chance that my QID trade is stopped out in the early

Trading Strategy: Long: ProShares UltraShort QQQ (QID) *See notes below* Ideal Entry: 22.40 Stop-loss Option: 21.63 Target: 26.10 Risk Rating: 3.9 QID trade setup is based off of the QQQ chart.  QID: If my ideal entry is triggered in the first 30 minutes of the trading session, I will not enter the trade. Instead, I will enter a trade after