NQ gapped into resistance on the open. I was looking to short the dynamic daily pivot (dotted cyan line) at 1559.75 (colored circle). Unfortunately it didn’t make it that high. I got an second opportunity (yellow circle). Stochastics were overbought on both the 1 min and 30 second charts. Also… Read more“Take the money and run”
Weekend Thoughts
Although I trade futures, I do some stock scans here and there looking for trade opportunities on the daily time frame. I always keep track of the Monsters Of Tech (MOT) which drive the NQ. I use to call these stocks, the four Horsemen of Apocalypse (AAPL, MSFT, AMZN, GOOG)…. Read more“Weekend Thoughts”
Let’s do this!
After over a decade hiatus, it’s time to power up the blog again. After a huge down day in the markets on Thursday, the question is whether or not we would get a bounce on Friday. More often than not with such a large range day, there is a high… Read more“Let’s do this!”