Pro Tips

The Late Show

Posted on 03/29/2017

Rule #1..never chase closing direction on a Wednesday. AMZN has been leading all day followed by GOOGL It looks to be a chase higher into the close with the Nasd 100 setting up for a close over my upside pivot. … Continue reading →

Midday Missive

Posted on 03/29/2017

Patterns of note. AMZN…is above it weekly ORH# @ 862.80 AAPL…is above it weekly ORH# @ 142.80 IBB…weekly ORH# @ 298.20

A.M. Look 3/29/17

Posted on 03/29/2017

Welcome to the Mid-Week Shuffle The U.S. Indices will be led by Nasd 100 and dictated by the price action into the 5420’s. So far the level has been rejected. Until I see a close over the level I’m not … Continue reading →

Daily Market Intelligence 3/29/17

Posted on 03/28/2017

Daily Market Intelligence 3-29-17

A.M. Look 3/28/17

Posted on 03/28/2017

TSLA is the big winner this A.M. gaping above its gap. By holding an intra-day break above 272.60 the pattern is very friendly. Closing below the gap would signal the end of the rally.   Look to the individual names … Continue reading →

Daily Market Intelligence 3/28/17

Posted on 03/27/2017

Daily Market Intelligence 3-28-17

Potential Bottoming Patterns

Posted on 03/27/2017

Below are a few of the better looking patterns.     SNAP…needs 2 closes over 24 for a run back to the highs .   NFLX… LVS… IBB..

Midday Missive

Posted on 03/27/2017

The Pit gap in the Spu’s is matching up with the gap in GOOGL @ 823.74. The Gap level won’t go away. It will take sustained price action higher on the day in GOOGL to go higher. Spu’s had a … Continue reading →

A.M. Look 3/27/17

Posted on 03/27/2017

Spu’s…have filled the gap last night in the all session. It now has to do it in the Pit U.S. Only session. Closing under the Gap is negative. 2329 is today’s 50 DMA with 2308 the top of the cloud … Continue reading →

Daily Market Intelligence 3/27/17

Posted on 03/26/2017

Daily Market Intelligence 3-27-17