The capital flow ended a few minutes early today with the failure Of the Spoos and many correlated names like MSFT failing just shy of their breakdown gaps from yesterday. This is not price positive the Indices. Below is a … Continue reading
Mid-Week Shuffle. Time frame trading. Yes it is the right day of the week for a tradable low and a bounce. Yesterday’s high @ the qtrly pivot @ 2839.50 is big. Until you see two closes over that level be … Continue reading
Context As is typical with market corrections, they seemingly come out of nowhere catching most investors off-guard. This most recent correction which began early October was no exception. However, clients of WhiteWave were forewarned with enough time … Continue reading
Daily Market Intelligence 5-24-19
Daily Market Intelligence 5-20-19
Daily Market Intelligence 5-17-19
U.S. Indices have completed this swing to the top of value. This matches up with names like Amazon and other big cap tech. It simply means were at levels across the board that will be tough to add risk until … Continue reading
Russell just ran its daily ORL sell stops. Nasd 100 held @ my 50% target level from yesterday matching the high of its pit gap from 5/1 …7445-7410 gap. Nasd 100/Bond 200 DMA & cloud support is @ 4977. Whether … Continue reading
Trading will be instrument specific/level specific. Asia was optimistic about a trade agreement as evidenced by the Shanghai Comp price action. Spoo’s are trading below its 50 DMA and Spoo/Bond below both major mvg averages. Spoo…2890 is clear resistance on … Continue reading
Daily Market Intelligence 5-10-19