The S&P 500 hit its January high. A level a lot of traders are watching, wondering if this will be a double-top.
But the NASDAQ, which is leading this market higher, surged through it January highs. This is a bullish market, but looking parabolic. It could literally turn at any moment.
And I had some sweet breakouts […]
What a market to be holding longs. The market just keeps pushing higher every day. How long can it continue? The S&P 500 like it wants to touch January highs. It could form a bearish double top. If so, there will be plenty of time to get short the S&P on the way down. For […]
The market gapped down, then rallied, only to pull back into the close. I’m not a candlestick guy, but I know this means indecision, and with heavier volume, could lead to a change in market direction. We will see what tomorrow brings.
I had 3 triggers today, one of them moved quite well, MTH. This one […]
