The following video provides early-session technical analysis & swing trade ideas on the major stock indices, US Dollar, Euro, Copper, Lumber, & more. Silver or Gold level access initially required.
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Swing Trade Ideas for 12-21-20
2020-12-21T10:48:45-05:00Dec 21, 2020 10:48am|Categories: Equity Market Analysis, Forex (Currencies), Gold & Commodities, Subscriber-only Content, Unofficial Trade Ideas|Tags: $copper, $EUR/USD, $EURO, $GOLD, $LUMBER, $NDX, $SPX, $USD, /DX, /ES, /HG, /LB, /NQ, CPER, CUT, GLD, QQQ, SPY, WOOD|16 Comments
Could you please chart SEED and highlight higher targets as it broke above $10.81
I’ve added the next two resistance levels/potential targets to this SEED daily chart. Congrats on the trade so far as it sounds like you’re in it! Best of luck going forward.
Bitcon and GBTC still running…. does not seem to slow down
Running … ? Running where? Doesn’t look like a good day today …
RIOT as a proxy seems better than the real thing
I completely forgot about RIOT. It used to be on my radar, and it fell off. But I looked, and its far from the days when we were trading in the dollar range. How great would that have been?
@ROTC would be great to get some analysis of BTC
SPY backtesting the trendline from below, offering an objective short entry or add-on with stops somewhat above.
Seems like we have regained on QQQ and also the spy as of right now and above the trend line
@rsotc I know it is a holiday week but doesnt NG look to be testing trendline and ready to breakout?
https://www.tradingview.com/x/hnGl1Puh/
Looks like massive negative divergences on PPO & RSI (hourly chart)?
Today’s S&P chart looks like the classic and mysterious Stimulus effect! Amazing what damage a $900,000,000 magic money wand can do to technicals. Keep those stops tighter then tight!
.. and massive fade of that fake breakout on /DX. RIP anyone who bought into idea of dollar recovery today.
@rsotc How do you trade when major news is pending? I stayed away from buying TZA and SCO because I was concerned that the stimulus package could juice the markets. I missed great moves today because of my apprehension. Do you just play the charts and trade news as it comes, or stay out of the market until big news hits.
@rstoc USD having a good rebound. Is target for first reaction still 91?