In the spirit of the not so uncommon brinksmanship often observed when trading equities the last line of defense apparently incurred sufficient buying interest. The chart of the day is none other than my intrepid Zero chart where a Mole reversa signal painted the very low tick of the day (thus far):
And I ask you – does it get much better than this? If you weren’t a Zero subscriber today then I’m probably spending your money on my favorite stripper tonight. Aaaah… simple pleasures…
The second most important chart for us rats today is the weekly panel which I pushed into your faces before the NYSE open today. Thus far the [...]
It’s been an extremely busy week for me as you can imagine and quite frankly I’ve hit my target quota and then some. I’ve fed you and my subs a lot of goodies in the past few days and I hope you managed to have your fill. So let’s wrap this week up and enjoy what is left of the longest day of this year:
The 100-day SMA is the most plausible support level right now – quite frankly in terms of context that’s pretty much all there is right now – and if the spoos slip below it things may get very ugly and that quickly. With a bit of luck we may actually paint a hammer by the end of the session – let’s see if buyers [...]
I am not feeling so great tonight and was about to skip today’s afternoon post. However once I started to poke around I saw so many nice setups that I simply couldn’t have you guys miss out on. So let’s do this telegram style – I’ll just post the charts with minimal commentary:
Spoos – riding the 25-hour higher. As long as it does we don’t over think this and follow along. Great entry this morning at 1611.25.
In case you’re not a Zero subscriber I just wanted you to see today’s Mole reversal signals. Of course they are not always this spot on but especially on gyrating sideways days they continue to [...]
I don’t have the energy to put up a video but wanted to share Tuesday’s and Wednesday’s Mole scalp signals on the E-Mini:
Heck, I’ve seen a lot worse. In the past sideways days like these were the bane of my existence but with those Mole signals they can be fun! 🙂
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Cheers,