LBRMarket Commentary

Homework and TradeSheet for Thursday July 27th

Jun 26, 2019 | Opening Play

SP:   Buy day (do not buy afternoon weakness) NQ: 7692 = close back above 5 SMA, 7582 = daily EMA YM:  Buy Day (seasonal long window starts on Friday). do not buy afternoon weakness...
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Homework and TradeSheet for Wednesday June 26th

Jun 26, 2019 | Market Commentary, Opening Play

SP, NQ  – Pinball Buy Dow: Pinball Buy, seasonal long starts on Friday US – Sell Short day GC – needs one more day consolidation SI – Buy day – buy test ...
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Homework and TradeSheet for Tuesday June 25th

Jun 24, 2019 | Opening Play

SP, NAZ, YM:  3 bar triangle breakout mode Rus – test below Mondays low (had range expansion out of three bar) US – exit longs EC – needs 2 days consolidation (price...
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Homework and TradeSheet for Monday June 24th

Jun 24, 2019 | Market Commentary

SP: Buy flush below 5 SMA (2944-45).   Downside bias the first part of the week after triples. NQ: forming three bar. 5 SMA = 7729 Rus: Pinball Buy, watch test of PDL US: Buy day ...
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Homework and TradeSheet for Friday June 21st

Jun 20, 2019 | Opening Play

Triple witching (actually quadruple)….. Thursday brought the best volume in two weeks.  Friday should bring even higher volume with expiration. Fridays also tend to have the sma...
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Homework and TradeSheet for Thursday June 20th

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...
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Homework and TradeSheet for Wednesday June 19th

Jun 19, 2019 | Opening Play

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...
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Homework and TradeSheet for Tuesday June 18th

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...
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Homework and TradeSheet for Monday June 17th

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...
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Homework and TradeSheet for Friday June 14th

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...
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