Morning folks. Looks like we are getting set for another gap down today with the SPY down about .4% premarket. slv, gld, uso all down across the board. As you can tell by the action the last few days this is classic bear market or correction action. You get signs everyday of a bounce coming …
Morning folks futures indicating slightly lower open. This is no surprise as the market tends to just keep gapping down when you have broken key support levels. We dont have any major data points or catalysts this morning so expect traders to move this market back and forth.. my guess is we it will be …
Morning folks futures up flat so far..Not much going on so far this morning. Traders are in wait and see mode. Nasty day yesterday I was pretty much completely wrong about the market. I figured any morning dip would get bought. Um no….we had a consistent trend day wehre market made new lows pretty much …
Mornin folks. Futures are slightly lower as traders are digesting some new data that just came out. We’ve had a nice run in the markets the last week or so including a confirmed break of the resistance levels we were looking at yesterday. Im fully back in trader mode keeping numerous overnight positions along with …
Morning folks. Market gapping up nicely today with the spy up .8% premarket. Gap ups are very tricky and tend to take a lot of the edge out of first hour of trading. If your fav setups gap up over alert price just let them go or wait and see if they retest the breakout …