SharePlanner Reversal Indicator: Resting At Extremes While The Selling Piles On
We were at extreme readings last week on the SharePlanner Reversal Indicator. This week…even more so. […]
SharePlanner Reversal Indicator: Short-Term Peak Possible
Overall the week has been a good one for the market, and it’s much needed, following its flirtation last week of a break of the 200-day moving average (SPX). Honestly, I thought this week’s rally would have fixed a somewhat problematic trend developing in the SharePlanner Reversal Indicator, but it [...]
Short Setups Just In Case We Reverse (Again) Tomorrow
Look, I want us to keep pushing higher. I am positioned for the market to go higher. But the bulls are stuck in this nasty sideways trading pattern that keeps seeing hard reversals in both directions. […]
Some Bearish Divergences Could Provide Some Shorting Opportunities
If you glance at the indices, you wouldn’t realize the market is actually fairing poorly today. Breadth is actually negative VIX is trading 3.5% higher The percentage of stocks trading above their 40-day moving average is declining. Technology is trading lower Small Caps are in the red […]
Bearish Watch List (Not That It Matters)
How much more depressing can these bearish watch lists become? […]
Short Watch-List of Short Setups
I’m trying to get creative with my titles here, because there is little one can do with short setups of any kind. Trying to put together a legitimate list of short setups to watch, is not an easy task either. In fact, the people I know that tend to short [...]
Swing Trading Strategy Report #24
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. [...]
Swing Trading Strategy Report #23
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. Indicators […]
Elevator Down Swing Trade Setups
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. [...]
