Our View I was humbled twice yesterday. Once by the results of the Opening Print poll Bret sent out and once by the markets. In the nearly 30 years of writing the OP, I never thought I would get such great feedback — THANK YOU! — and I promise to work on everything we can […]
Our View The PitBull has been negative since the middle of November and told me he thinks the markets are going to get killed — and fast. He also said he thinks people are offside going into the January expiration. “You know how I do my charts every night and how many of the hot […]
Daily Recap Bonds can’t fall forever and neither can the Nasdaq. Along with big declines, come big short-covering rallies. Yesterday’s weakness was due to the 10-year note climbing to 1.866%, its highest level in two years, and closing at the highs. As of yesterday’s close, the Dow is down 2.7% year to date, while the […]
Daily Recap Bonds can’t fall forever and neither can the Nasdaq. Along with big declines, come big short-covering rallies. Yesterday’s weakness was due to the 10-year note climbing to 1.866%, its highest level in two years, and closing at the highs. As of yesterday’s close, the Dow is down 2.7% year to date, while the […]
Daily Recap Bonds can’t fall forever and neither can the Nasdaq. Along with big declines, come big short-covering rallies. Yesterday’s weakness was due to the 10-year note climbing to 1.866%, its highest level in two years, and closing at the highs. As of yesterday’s close, the Dow is down 2.7% year to date, while the […]
Market Review Topic: PTG 3 Day Cycle (a.k.a. Taylor Trading Technique) Author: David D Dube (a.k.a. PTGDavid) Polaris Trading Group Tuesday’s Session was Cycle Day 1 (CD1): Price recovered its prior session losses as trend day down (CD3), was replaced with trend day up (CD1). The market does not appear to have a consensus of […]
Market Review S&P 500 Futures Recap – Trade Date July 9, 2021 Economic Calendar Closing Prices In the TradeChat Room Market On Close : MOC buy returns in a big way. Check out all the Market Closing action in our daily post Questions? Please email me: Marlin@mrtopstep.com Get the skinny when we get it: Join […]
Market Review Taylor 3 Day Cycle Author: David D Dube (a.k.a. PTGDavid) PolarisTradingGroup.com Tuesday’s Session was Cycle Day 3 (CD3): Price consolidated throughout the session before pushing higher to All-Time Contract High. Price settled above its Value Area High (4132.25). Range was 38.50 handles on 1.04M contracts exchanged. …Transition from Cycle Day 3 to Cycle […]
Market Review NJ – Discovery Trading Group Last week for the OP, I wrote “If the [ESZ20] 3440s are cleared, then the 3470s should be tested. After the 3470s, the 3576.50 all-time high is the target although it would be a stretch for the bulls to reach this week.” This is exactly how the ESZ20 […]
Danny’s View: Worst Price Action Since the Credit Crisis