June is here
As a premium seller I'm looking to get into June's cycle this coming week and I must admit that I'm a bit nervous about certain levels. For the second week…
As a premium seller I'm looking to get into June's cycle this coming week and I must admit that I'm a bit nervous about certain levels. For the second week…
I don't place trades based on Fibinacci levels but I look at them because I know others that I compete with in the market are looking at them and trading…
The expected bounce occurred on Friday with a better than expected non-farm payrolls report. In reality though, the futures closed on the lows after the cash close Friday. In addition,…
I've been trading long enough to know better than to step in front of a moving truck and right now the market has the momentum of a Mac. However, there…
Monday is more than the first day of the week--it is a pivotal day for the $SPX. The area in question is more of a price range because when I…
As I mentioned last week, the potential for R2 of the February opex was a likely target and we did test that level and even closed above it. I'm expecting…
Super bowl XLV is in the books with Big Ben helping Aaron Rodgers get the Favre monkey off his back...thanks, Ben. If you've never been to a super bowl I…
Is the trend still our friend? Whatever. The short-term trend had a hiccup this past week and quite honestly it felt good. As we enter February, a questionable month for…
Something noteworthy is going on and occurs more often than most may know. I'm referring to pivot points acting as support/resistance. Most traders are familiar with pivot points and they…
Sentiment has this market so complacent that it scares me. However, I still believe we take out 1250 and continue to grind higher into the end of the year. I…