Trade Ideas & Market Analysis (video)

Technical analysis on the US stock market, crude oil, natural gas & several trade ideas at this time with updates on the markets, sectors, commodities & stocks covered in yesterday's market wrap. playback speed can be increased in the settings to reduce video duration

2018-07-19T12:07:04+00:00Jul 19, 2018 12:07pm|Categories: Equity Market Analysis, Forex (Currencies), Gold & Commodities|Tags: , , , , , , , , , , , , , , |0 Comments

Market Wrap: Equities, Gold, Oil, Bitcoin & More

End of day analysis on the US stock market via SPY, QQQ, NQ & ES as well as some potential trade ideas & analysis on other sectors including crude oil, gold, GDX, Bitcoin & more. playback speed can be increasd in the settings to reduce video duration

2018-07-18T16:52:22+00:00Jul 18, 2018 4:52pm|Categories: Equity Market Analysis, Forex (Currencies), Gold & Commodities|Tags: , , , , , , , , , , , , , , , , |2 Comments

Market Wrap for July 17, 2018

Starting with the daily charts, as impressive as today's reversal & intraday swing in QQQ was, nothing has changed on the longer-term charts. QQQ continues to wedge higher with the negative divergences still in place on the momentum indicators. QQQ daily July 17th SPY made an unconvincing attempt at taking out the key 279.80 resistance level today but only managed to close slightly above, essentially another test of that level today with additional upside needed to clearly take it out. SPY daily July 17th Zooming down to the 60-minute charts, today's snap-back rally following yesterday's bearish rising [...]

2018-07-17T18:10:41+00:00Jul 17, 2018 6:10pm|Categories: Equity Market Analysis|Tags: , , , , , |2 Comments

QQQ & FAAMG Stocks Analysis (video)

Technical analysis of QQQ & the market-leading FAAMG stocks plus a few other top components of the Nasdaq 100 to provide the near-term outlook for the stock market. The video also with a quick overview of the NQ (Nasdaq 100) and ES (S&P 500) E-mini futures & concludes by highlighting the upcoming earnings dates for the top 10 components of the Nasdaq 100. playback speed can be increased in the settings to reduce video duration

2018-07-16T15:43:41+00:00Jul 16, 2018 3:43pm|Categories: Equity Market Analysis|Tags: , , , , , , , , , , , , , , |1 Comment

NQ, ES, SPY Backtesting Trendline Resistance

NQ (Nasdaq 100 futures), ES (S&P 500 futures) and SPY (S&P 500 tracking ETF) are backtesting the recently broken 60-minute uptrend lines from below with QQQ gapping back above its comparable uptrend line. click first chart to expand, then click on right to advance to the next expanded chart We have somewhat of a mixed bag as SPY is actually a hair above its trendline but we have a good idea as to whether or not these key large-cap indices will be rejected off these backtests or not very soon as trading normalizes after the first 30 minutes or [...]

2018-06-20T10:01:13+00:00Jun 20, 2018 10:01am|Categories: Equity Market Analysis|Tags: , , , , , |1 Comment

Nasdaq 100 Futures Close on Wedge Backtest

Not much new to report since the market update video published earlier today. The Nasdaq 100 Emini futures basically spend most of the regular trading session backtesting the 60-minute rising wedge pattern from below following the overnight & early morning session breakdown. NQ 60-min 2 June 18th Also worth noting is the fact that 4 of the 5 FAAMG stocks; AMZN, GOOGL, MSFT & FB, once again did most of the heavy lifting for the Nasdaq 100 with green closes ranging from +0.48% to +2.10% with AAPL closing slightly red at -0.05%. The effect of the top-heavy FAAMG stocks [...]

2018-06-18T16:44:53+00:00Jun 18, 2018 4:44pm|Categories: Equity Market Analysis|Tags: , , , , , |0 Comments