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Opening Play for Thursday 2/12

Good Morning Traders!  The market stopped to take a breather from the 5 day buying orgy.  The summation tick hit overbought levels not seen since...

Opening Play for Wednesday 2/12

Good Morning Traders!   The upward momentum continues as the SPs were in trend mode up after an upside breakout from NR7 day.   The market...

Hanging Loose…. Opening Play for Tuesday 2/11

Good Morning Traders!   An early morning dip providing a buying opportunity for a retest back up.  The 2-period ROC made new  momentum highs as...

Opening Play for Monday 2/10

The market's strong bounce off the bottom has made new momentum highs on the 2-period ROC. The SPs are expected to hold their gains after...

Opening Play for Friday 2/7

Good Morning Traders!    The market had an upside breakout from a  coil out of very oversold conditions.  The SPs were able to make...

Opening Play for Thursday 2/6

Good Morning Traders!  All indexes continued to fill out range on the 120 minute charts.   Volume was on the lighter side, breadth remained negative all...

Opening Play for Wednesday 2/5/14

Good Morning Traders! The market spent the day consolidating the prior trend day down out of a coiled chart formation.  Indexes were able to retrace...

Opening Play for Tuesday 2/4

A donwside breakout from the coil led to a steady rtend day down with heavy breadth.  Look for morning consoldiation - rally up to...

Opening Play for Monday 2/3/14

After testing the lower end of the 5 day trading range, the Sps were able to trade back into the middle of the range. ...
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