Tonight we have another important setup learning lesson, and once again we failed the key 11700 area I've been sharing with you for some time now. So now what? Look for a another big move as we close in on the end of the consolidation!
This video series is geared towards Investors, Swing Traders, and ultimately Day Traders who want to be armed with key observations for the upcoming major market move that will be happening shortly! Remember: You will consistently hear me reference previous videos during my nightly presentation. That's because each new video builds upon the last as we demonstrate real world trading and investment analysis. Take the time to review all of our videos to expand your market awareness! You're welcome to subscribe to our videos to keep up to date on the latest market analysis and techniques. Thousands of your fellow traders have done just that. If you want to be armed with the same education as them, subscribe. Don't worry, we in no way shape or form, spam our subscribers. You become like family to us!
Important disclaimer and reminder for all Traders and Investors! These videos are for educational purposes only. Equities, Futures, Options, and Currency Trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Absolutely do not trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell equities, futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this channel. The past performance of any trading system or methodology is not necessarily indicative of future results. Absolutely consult your Registered Financial Advisor and your Risk Trading Plan before ever
inthemoneystocks
InTheMoneyStocks.com looks at the bounce in the markets following the two day pullback. They look at key support and resistance points on the indexes and analyze the possibility of a future rally or sell-off. Enjoy and come join the Intra Day Stock Chat and Swing Trade Alerts!
thermal1
stocktock
StockTock.com discusses today's action and the phenomenal day trade that we called out in our intraday commentary. We discuss the mechanics of options expiration and look ahead to a possible commodity bounce beginning next week. The ascending trendline on the S&P worked as support again today, but is unlikely to work as well in the future. There will be no video tomorrow because I am going to be out of town, but I will try to get something posted over the weekend.