Trend Lines
In today’s video, we discuss the extreme trendline support that is running into overhead resistance. What’s more, there is a trade for it: Short $DRI.
Read ArticleIn today’s video, we discuss the extreme trendline support that is running into overhead resistance. What’s more, there is a trade for it: Short $DRI.
Read ArticleIn today’s video, I discuss trend lines. There are horizontal trend lines as well as diagonal lines. There is a very steep trend line that may be the reason why Monday’s third gap-lower open was bought for the third day in a row. Will it help the S&P 500 enough to clear the 2600.00 hurdle? […]
Read ArticleIn today’s video, I discuss the overall market’s auctioning process that started on time but more importantly, what trade signals could come out of it. We are looking at several possible shorts and one long for Friday.
Read ArticleHere’s a sneak peek of one of the industry’s most reputable, hands-on trading programs with Dan O’Brien. Grab a free day pass to one of our live signal trading rooms today>>http://bit.ly/fb-free-pass
Read ArticleIn today’s video, I show where I believe there is overall market resistance. These are levels where resistance should overtake the recent rally. At that point, a normal auction trade should take over and the market will fall. This could start as early as Thursday.
Read ArticleIn today’s video, I discuss the market finally breaking through the old February resistance level. I also discuss the next few resistance levels and some new sectors that I’m considering to buy. Additionally, I talk about the long DLTR position and how high the trailing stop has ratcheted up.
Read ArticleThe volatility continues yesterday the Dow Jones was crushed nearly -700 points and today it is up nearly +900! If this isn’t a financial roller coaster ride then I don’t know what is. In today’s video, I discuss new chart levels, as well as what the Momentum Stocks trading room did with its long DLTR […]
Read ArticleIn today’s video, I discuss two extreme levels that could set the markets up for a balancing act. In other words, where the markets may find themselves auctioning back and forth before it has a reason to trend again. Although that’s the way it looks now, the volatility is still very high and the upside […]
Read ArticleIn today’s end-of-the-year video we further discuss the indices and some potential early moves in 2019. But most importantly, I discuss the recent developments of the DLTR signal.
Read ArticleWednesday was the exact opposite of Monday’s trade: it changed from a breath-taking decline to a breath-taking rally. The NASDAQ, for example, is up +350.00 points from its overnight low. The Dow is +700 from Monday’s close, with the S&P 500 +86.00 points. It’s a rally day indeed.
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