$TICK Launching Pad
You don’t need any trading expert these days to tell you that the bull run is in full force. Many a long trade that looks weak is often ‘saved’ when the surge of relentless buyers step in. We continue to use the $TICK chart to provide great trade entries and to keep us patient waiting for price to come to us. […]
Read More →WLT- Walter Energy
May 8 2013 Doing some afternoon scanning, looking for things that may have some good risk reward, I came across WLT. Noticing that the coal sector in general may have a turn coming here soon. Today’s action in WLT has proven that the exhaustion volume on May 2 was real and the bulls are ready to rumble. You’ll notice on the chart […]
Read More →SPX
Friday April 12, 2013 This week has been one for the history books as the market headed to new all time highs for the SPX, DJI. One week later after a train wreck unemployment report, we have gone from ES 1533 to 1593 in 5 days. The expectations were for a 160- 200k number, it came in at 88k. The […]
Read More →Markets Continued to Move Higher
Weekly Review March 15, 2013 Markets continued to move higher except for Fridays quadruple witching which gave us a sharp correction at the open. ES market auctioned down to the 49 level which was this weeks POC and then bounced back to the opening print. Since the beginning of the year we have been higher into new all time highs for the YM. The SPX is within 3 point of […]
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