T2108 bullish divergences still in full effect I don’t tend to post the T2108 chart all that often, but I have lately because it does a much better job of forecasting and determining market direction following a major market sell-off.Â
My Swing Trading Approach I am still playing this market cautiously. I will consider adding another long position to the portfolio, but won’t do it on anything less than ideal trading conditions. Right now the headline risk is notable, and prevents any significant long exposure in this market. Indicators
Thursday’s stock picks Take a look at three trading ideas to prep you for the next trading session. Get all of my trades that I make real-time by jumping in the Splash Zone and making some profits for yourself! Long Adobe Systems (ADBE)
Some good and bad in the market right now. Despite some willingness by the market to try and rally in recent days, there is still a lot of pressure weighing on the sectors across the board. The headline risk is at extreme levels, and that is keeping me from being too aggressive on the long
My Swing Trading Approach Going to take a cautious approach with this market today, with the pre-market futs as weak as they are. Raise stops where I can, and even consider a short position if the market warrants it. Indicators
Wednesday’s stock picks Take a look at three trading ideas to prep you for the next trading session. Get all of my trades that I make real-time by jumping in the Splash Zone and making some profits for yourself! Long Intuit (INTU)
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.Â
My Swing Trading Approach I am still taking a cautious approach with this market while it is stuck in consolidation. I added one new position yesterday, and may add another today, but will not be overly aggressive with my trading, until we can get some kind of breakout. Indicators
Tuesday’s stock picks Take a look at three trading ideas to prep you for the next trading session. Get all of my trades that I make real-time by jumping in the Splash Zone and making some profits for yourself! Long Micron Technology (MU)
Typically you see the market hit extremes in either direction before seeing any kind of reversal on the charts. Well, not so here, as the bears managed to reverse course of what was shaping up to be a possible reversal to the upside, only to get smashed to pieces over the past month with additional