Tag: trading setups
Understanding Market Structure For Better Trading Results
We can all agree that the markets are in constant ebb and flow, never moving in a straight line, always undulating. So how then,...
S&P 500 Near-Term Trading Outlook: Interest Rate Watch!
S&P 500 Trading Outlook (2-3 Days):Â Bearish
Pullbacks are likely limited to the next 2-3 days before the rally continues.
I expect yesterday's decline might lead to...
Lowe’s Stock Tanks on Earnings, Possible Short-Term Bottom
Lowe’s Companies (LOW) fell 8% on Wednesday morning after a mixed earnings report.
While the company beat on revenue and same store sales, it missed...
Stock Market Futures Trading Outlook For February 28
Broad Stock Market Outlook for February 28, 2018
Watching support becomes critical when price expands as it did rapidly in days past. And even more important...
S&P 500 Futures Update: Bulls/Bears Set To Clash At Resistance
Broad Stock Market Outlook for February 27, 2018
Market Momentum pointed the way yesterday as the S&P 500 tested and retested resistance to push into pivot...
US Steel (X) Rallies On Trump Tariffs, But Stock Faces Near-Term...
US Steel (X) gapped higher on Monday morning, up around $1.20 to $44.72 which is a 2.5% increase but up as high as 4%...
S&P 500 Futures Update: Signals Pointing North Today
Broad Stock Market Outlook for February 26, 2018
S&P 500 futures sit above important price support of 2705. The market is also support by the fact...
Stock Market Futures Trading Outlook: A Big Break Is Coming
Stock Market Futures Outlook for February 23, 2018
Diminishing directional moves continue as the current price range compresses on the S&P 500. Traders should expect a...
Pandora (P) Earnings Reversal: Stock Pops Then Drops Sharply
Shares of Pandora Internet Radio (P) initially popped 11% to $5.42 yesterday when the company reported an increase in subscription revenue of 63% as...
Riding The Downward Trend In US Treasuries
Our Elliott wave forecast for treasury bonds continues to hold up well. In June 2017 we described the minor rally during the first part...