Trading Block

Trading Strategy: Trading Notes: Major selling on Friday, sets up for a potential test of the January lows once again - that also creates a potential head and shoulders pattern of monster proportions. Getting bullish here is taking on a lot of risk and the assumption of bullish status quo changes in terms of inflation and

Trading Strategy:   Trading Notes: Yesterday's CPI report sent the market tumbling, and once again unable to sustain a major push higher. The choppiness seen so far here in February, is some of the strangest and incoherent price action you'll ever see, especially considering the Wednesday/Thursday price action of the last two weeks. Watch the 200-day

Trading Strategy: Long: ProShares UltraShort QQQ (QID) *See Notes Below* Ideal Entry: 18.40 Stop-loss Option: 17.65 Target: 21.60 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 a trade setup, I will not enter the trade. Instead, I will enter a trade after

Trading Strategy: Trading Notes: The bulls are kicking their buying into overdrive this morning, and looking like we are finally going to get a break of the declining trend-line off of the January highs. Whether it holds into the close remains a mystery. CPI report measuring inflation will be coming out in the pre-market tomorrow and

Trading Strategy: Long: ProShares UltraShort S&P 500 (SDS) *See Notes Below + Entry Price Changed* Ideal Entry: 39.66 Stop-loss Option: 37.82 Target: 44.80 Risk Rating: 3.9 SDS trade setup is based off of the SPY chart.  SDS: If my ideal entry is triggered in the first 30 minutes of a trade setup, I will not enter the trade. Instead, I

Trading Strategy: Long: ProShares UltraShort S&P 500 (SDS) *See Notes Below* Ideal Entry: 40.09 Stop-loss Option: 37.82 Target: 44.80 Risk Rating: 3.9 SDS trade setup is based off of the SPY chart.  SDS: If my ideal entry is triggered in the first 30 minutes of a trade setup, I will not enter the trade. Instead, I will enter a trade

Trading Strategy: Long: ProShares Short S&P (500) *See Notes Below* Ideal Entry: 14.46 Stop-loss Option: 14.05 Target: 15.30 Risk Rating: 3.6 SH trade setup is based off of the SPY chart.  SH: If my ideal entry is triggered in the first 30 minutes of a trade setup, I will not enter the trade. Instead, I will enter a trade after

Trading Strategy: Long: ProShares Ultrashort Russell 2000 (TWM) *Sent intraday Wednesday* Ideal Entry: 15.65 Stop-loss Option: 15.10 Target: 17.80 Risk Rating: 4.0 TWM trade setup is based off of the IWM chart.  Trading Activity: Setups Triggered: TWM Setups Waiting to Trigger: None Active Trades: TWM Trades/Setups Removed/Closed: None (NT=Never Triggered, 1/2=Half position, 1/3=Third position) Additional Strategies & Ideas: These are not official trades

Trading Strategy: Trading Notes: Following the earnings from $GOOGL and $AMD last night, stocks are gaping higher this morning and attempting to continue the rally for a fourth straight day. ADP Employment number came in well below expectations at -301l vs +207k expected, which sets up for a potential negative employment number come Friday. Often times, when there is

Trading Strategy: Trading Notes: It's the first of the month, and often times you get a decent rally on those days. Following back to back +3% rallies in the Nasdaq, chasing this market here is a high risk/low-reward endeavor. $SPX is down less than 6% on the year, and the question begs to be asked,