TRENDING
I see three smiling piggies today:
Actually mine are prettier – wanna bet? [amprotect=nonmember] Charts and commentary below for anyone donning a secret decoder ring. If you are interested in becoming a Gold member then don’t waste time and sign up here. And if you are a Zero subscriber it includes access to all Gold posts, so you actually get double the bang for your buck. [/amprotect] [amprotect=1,13,9,12,5]
Let’s start with the daily spoos. We are most definitely closing above 1190 and the 25-day SMA today. Bullish and now establishing support which may get retested.
Next in line the weekly SPX – which is also most [...]
I really enjoyed Fearless’ first segment on trend trading over the weekend and did not want to plaster all over it. However I promised you a little surprise and without further ado I give you (drum rolls)….
Tataaaaa!! That’s right – ZeroFX is back with a vengeance. I have changed the tick charts to a 1-hr and 5-min combo just like on the regular Zero. The ZeroFX Lite on the right panel has a VWAP which has proven to be extremely useful on the ZeroES (i.e. the regular Zero) when correlated with the signal line.
There are three horizontal lanes if you will – the first one is the EUR/USD, the second the GBP/USD (a.k.a. [...]
Today’s early morning bear trap once again confirms what I have been suggesting for the past few days: Stay nimble and expect the stop bots to go after your lunch money (or worse). Fortunately the Zero continues to safe our collective asses and for that I am very grateful.
This morning everyone was focused on the verbal assurance of one man who’s holding an increasingly irate tiger by the tail and who most likely will not be treated kindly by future historians. More than happy to be but a stainless steel rat with comparatively humble ambitions (after all what is market domination compared with blowing up the world’s combined economies?) I use days [...]
Some movement on the commodity front – if you’re a night owl or located overseas that is…
Before we get to the setups let’s take a quick look at a symbol I threw out about two weeksCago:
That’s right – coffee futures are still boiling hot – it’s been one big short squeeze. We caught the entry near 243 and took partial profits at 260. I indicated that we may push higher and to keep a few lottery tickets around for a push toward the 300 mark. The odds were low but a close above that coveted 100-day SMA brought in a lot more mojo. Seems like we are going all the way with that one.
Okay, now for a few [...]
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