The bulls are sitting at extremes that haven’t been seen since March/April of 2016. As you can see in the chart below, this can persist for a while longer, but I’ll be surprised if we don’t start seeing some kind of bearish reversal on the indicator that leads to either 1) price consolidation over a
My Swing Trading Approach Still playing it somewhat cautious here. I will look to add 1-2 new positions today to the long side, as long as the momentum can hold up. Â Indicators
Not a lot to add here. The market still refuses to sell-off, so the long setups are the only way to go, for now. I even dabbled some yesterday to the short side with mix results. Right now, I just wait patiently for the market to give me the right opportunity to get short, and
My Swing Trading Approach I’m short on this market and will continue to be so as the day evolves. I’ll have one eye on the bulls and whether they can buy the dip. I’ll look to add additional short positions if the market can find more traction to the downside.  Indicators
My Swing Trading Approach Keeping a slightly bearish portfolio here as the bulls continue to show the inability to rally this market thorugh key resistance levels. Though I am ready to flip to the long side if necessary. Â Indicators
Forget the notion that the markets might be calm this week Or the idea that the markets might be engage in some friendly window dressing to close out the first half of the year. Because it has been anything but that. In fact, I would go on to say that it has been the most
Can the bears make something of this market… finally? I have been very quiet on the trading front today. I didn’t buy the dip, and so far it looks like that was the right play to make.
We knew this day was coming…The elevator down day. Yup, it always does – the market lulls everyone into a false sense of security, takes the steps higher a little bit at a time and the woosh! Sell the market off hard and fast and take everything down with it. Perhaps the bulls will get
My Stocks Watchlist for Short Setups Yes, a stocks watchlist for bearish trading setups might not be the best idea on the surface for trading in this market. But I always keep one. How can I can I not? The market can turn at any moment, and one day that moment will arrive. Now