After today’s weak market activity and Alcoa’s after hour plunge (not to mention JOEZ), it’s clear we’re entering Tuesday with a possible awakening of the bears. However, when the market gives back, it often creates good buys and measurable entries for swings. So, with that, let’s look for new setups: PLEASE NOTE: I have not …
Market closed right at resistance. you can see with the spx that its hitting 3 levels of resistance. 1 price resistance at 1300. then 50 day moving average covering with the 20 day moving average. It tap tap tapped taht level all day today but usually such levels rarely break above on the first try. …
market weak. for now i’d sell into all bounces till it proves itself. any green is just an opportunity to sell swings. doesnt mean u cant make loads of money..we have been trading quite a bit but they key is to sell into all spikes there is ton of money to be made out there. …