Linda Bradford Raschke is a world renowned trader with a top-notch track record spanning almost four decades. "Trading one day at a time..." Learn more about Linda
Jun 19, 2019 | Opening Play
Large opening gaps from overnight session in MANY markets means: Watch PDH (previous days high) to see how much retrace back into the pit session gap FIRST and then monitor for conti...Read full article
SP: Z day , then FOMC 2915.75 previous 20-day high, 2936.50 PDH US – Turtle soup potential, daily sell div on 3/10 forming Bunds – daily sell div forming AD: Close back...Read full article
Jun 18, 2019 | Opening Play
Low TP reading in SP, NAZ, Dow and DAX – Breakout mode. 3 bar BO in GC, SI, CL and Bunds. New momentum lows in BP and AD 2 per ROC poised to flip up in Rus, SI, GC, TY 2 per RO...Read full article
Jun 17, 2019 | Opening Play
Consolidation mode -market will need increase in volume to break out of range. US – 155’01 key pivot Bunds – mini Turtle Soup sell, forming daily sell div… GC/S...Read full article
Jun 13, 2019 | Market Commentary, Opening Play
The market continued to consolidate the recent markup as another light volume day unfolded. (The lightest volume day of the year for the NYSE.) An increase in volume will be needed...Read full article
Jun 12, 2019 | Opening Play
SP – 3 bar overlap/NR7, 3 bar triangle in NAZ, RUS and DOW…. = breakout mode. Market can spaz in one direction and then come out the other or gap and trend. If Gap in...Read full article
Jun 11, 2019 | Market Commentary, Opening Play
Volume increase as the indexes traded outside down the previous days range. They had 6 closes above the 5 SMA – not quite enough to start an extended run. A trade and possible ...Read full article
Jun 10, 2019 | Market Commentary
SP – 120 minute grail Buy underneath NQ – new mo mo high on 2 ROC, consolidation day US – 153’03 main downside pivot – test below Bunds – three bar ...Read full article
Jun 09, 2019 | Market Commentary, Opening Play
Friday’s rally: lightest volume day of the week. Good chance upside included some short squeeze. There is an unfilled pit session gap in play for this week below 54.75. The t...Read full article
Jun 07, 2019 | Opening Play
SPs – Short test above Previous Days high for a scalp Russell – Buy Day on 2-period ROC Bonds – can still get close above 5 SMA – trading range Bunds – ...Read full article