May 24, 2019 | Opening Play
The Nazdaq and Russell traded below the previous swing low while the SPS and DOW did not confirm. Volume was climatic. This sets the tone for a continued trading range consolidatRead full article
May 23, 2019 | Opening Play
Very light volume day on Wednesday as would be expected with a narrow range. Even though the markets have had range expansion overnight, and many of the moves have already started off Read full article
May 21, 2019 | Opening Play
SP: 3 bar triangle BO mode, 120 minute forming equilibrium point YM: LOW TP reading – poised for range expansion US – Buy day scalp only, new 2 per ROC Momo Low Bunds &Read full article
SP – 2-per ROC Buy Day NAZ – 2-per ROC Buy Day US – test below Monday’s low $ = going higher EC – Sell Short GC SI bear flags after new moRead full article
May 20, 2019 | Opening Play
SP – test below Friday’s low. Has 3 bar breakout triangle. Low TP reading oN Russell index (increasing potential for trend) Low TP reading on Copper and Nat Gas, too Read full article
May 16, 2019 | Opening Play
Market volume was light on the morning rally but increased substantially in the afternoon. Fridays tend to have the smallest range of the week. The market met all upside objectives aRead full article
NYSE modest volume yesterday. Breadth oscillators working off oversold condition. Market is on a Vix Spike BUY (V reversal in the VIX). 50% chance the market makes it to thRead full article
May 10, 2019 | Opening Play
Friday tends to be the narrowest range of the week. Overnight action was subdued after the expected tariff increase. Friday morning: Dax has formed in inside range trading day soRead full article
May 09, 2019 | Opening Play
Indexes closed with 30/60 minute bear flags that were in the process of breaking. SOs got full retest down. 88 – 94 continues to upside volume node. Globex low of 2858 maRead full article
May 08, 2019 | Opening Play
SP tested major support level, top of prior trading range. New momentum lows on 2 per ROC in all indexes. This means damage done – should consolidate to intraday EMAs and tRead full article