Home Blog Page 43

Opening Play for Friday Jan 31st

Outside Inside range day patterns are one of the better breakout formations.   The SP cash closed above the 5 SMA after a downside momentum...

Opening Play for Thursday 1/30

Below is a 60,000 tick chart.  "A picture is worth a thousand words."  The market can stage an oversold reaction  up after a large...

Dogpile in or out? Opening Play Wed 1/29

  After 3 days high to low and oversold conditions, the indexes consolidated back to the hourly EMA.   A breakout coil has formed going...

Commentary and Tradesheet for Tues 1/28

Almost a near perfect Z day or consolidation day following Fridays trend move down. The market can have another consolidation day as the 120...

“Careful of Over-Exposure” -Opening Play ..Monday 1/27

It has been a long time since the market had a true  classic trend day down.  A donwside breakout from a 3 week trading...

Yippee! Friday! Opening Play for 1/24

   Wide Range Days across the board as an abundance of economic data both overnight andat home goosed the markets in all directions.  Below is...

Opening Play for Thursday 1/23/13, breakout setups abound…

Good Morning Traders!  Wednesday's trading was a dull range day in many markets excepting Crude, Nat Gas and Cows. The SPs closed with an...

Opening Play for Wednesday 1/22/14

Both the Russell and the DAX made new highs in the early AM session.  Profit taking kicked in and drove the SPs back to...

Opening Play for Tuesday 1/21/14

Good Morning Traders!      Monday's holiday session was quiet in all markets.  The DAX formed a bull flag, and in the evening, US futures rallied with...
>