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    February 2017
    M T W T F S S
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    QQQ & SPY Testing Uptrend Line Support

    A break & 60-minute close below this trendline/price channel on SPY in conjunction with a break below the comparable uptrend line on the 15-minute QQQ chart will likely be the catalyst for a move down to the 232 support level & ultimately beyond while a break & 60-minute close below this trendline also in conjunction [...]

    Feb 16, 2017 1:48pm|Categories: Equity Market Analysis|Tags: , , , |0 Comments

    Elevated Risk for a Stock Market Correction (video)

    This video makes the case for an impenitent correction in the US stock market most likely starting next week or possibly sooner. I also share a few trading strategies on how to capitalize on a potential swift pullback in the market while minimizing & quantifying downside risk (loss potential).

    WEAT 3rd Price Target Hit for 10% Profit

    WEAT (Wheat ETP) has hit T3 (7.61) for a 9.8% profit. As T3 is the final target for the swing trade, swing traders might consider booking full profits while longer-term traders holding out for the 4th target might consider raising stops to protect profits at this point. T4 has been set at 8.44 which is [...]

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