Homework and TradeSheet for Friday May 24th

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 consolidat
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Homework and TradeSheet for Thursday May 23rd

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
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Homework and TradeSheet for Wednesday May 22nd

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 &
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Homework and Tradesheet for Tuesday May 21st

May 21, 2019 | Opening Play

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  mo
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TradeSheet for Monday May 20

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
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Homework and Trade Sheet for Friday May 16th

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 a
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Homework and TradeSheet for Thursday May 16th

May 16, 2019 | Opening Play

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 th
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Homework and Trade Sheet Friday May 10th

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 so
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Homework and Trade Sheet for Thursday 5/9

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 ma
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Homework and Trade Sheet for Wednesday May 8

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 t
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