I thought I would start but looking at a few more charts than usual to help indicate market direction. Make no mistake, the market looks awful, but I think a few charts are worth watching for indications on what the market could do this week.
The first is the NASDAQ, which I use as a market […]
The morning started with a gap down in the market, but the indexes fought back late in the day, and the NASDAQ managed to close higher. It was a very volitale day. Good for day trading, not so good for swing trading.
I’ve been mostly day trading this market, because I just don’t trust any moves […]
A nice move today in the NASDAQ on higher volume. It seems the market may be pricing in a raising of the debt ceiling at the end of the month.
My post from last night was a bit bearish, and when I start sounding bearish, it usually means one thing, a rally is usually around […]
