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Opening Play for Tuesday 11/18

Nov 17, 2014 | Opening Play

Good Morning Traders! A fellow colleague pointed out that the SP 500 has had 5 days in a row with a change of plus or minus less than 0.1%……5 closes in a row between 22038
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Opening Play for Monday 11/17

Nov 14, 2014 | Opening Play

  Good Morning Traders! Though Friday’s market was relatively dull for the SPs, Currencies, Metals and bonds  had a bear trap in the early AM that led to some of the larger
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Opening Play for Friday 11/13

Nov 13, 2014 | Opening Play

Good Morning Traders! SPs just missed closing beelo the daily 5 SMA, despite having a high to low day.  The SPs have been consolidating sideways now for 6 days after a large standard
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Opening Play for Thursday 11/13

Nov 12, 2014 | Opening Play

Good Morning Traders! An opening gap down found support at the key 2028 level.  All indexes took turns in leading to the uspide with the small caps outperforming in the afternoon sess
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Opening Play for Wednesday 11/12

Nov 11, 2014 | Opening Play

Good Morning Traders! Veteran’s Day was a light volume day with narrow ranges in stock indexes and bonds.  Sugar and Beans made up for the lack of action though. EC, CD GC and B
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Opening Play for Tuesday 11/11

Nov 10, 2014 | Opening Play

Good Morning Traders! The main play on Monday was the Russel 120 minute bull flag.  The market was able to close above the previous 120 minute swing high, and how all eyes will be wat
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Opening Play for Monday 11/10

Nov 07, 2014 | Opening Play

  Good Morning Traders! Friday’s trading saw good reactions up  off 2-period ROC Buy Divergences in markets like GC, EC, and even the Yen.  After buy divergences in the 2-
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Opening Play for Thursday 11/6

Nov 05, 2014 | Opening Play

Good Morning traders! ECB, BOE ….will set early tone for the day.   Going into ECB,  bonds, tens, Dax, russell…three bar triangle consolidations have formed….Market
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Opening Play for Wednesday 11/5

Nov 04, 2014 | Opening Play

  Good Morning Traders! Stock indexes are on Buy Day after two days of consolidation.  Price tested and held the daily  5 SMA.  The Dow was so strong it did not retrace at all.
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Opening Play for Tuesday 11/4

Nov 03, 2014 | Opening Play

Good Morning traders! Monday morning was spent consolidating Friday’s big move.  The SPs tested the Electronic high that was still left hanging from Friday’s pit session.
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