Chartered Market Technician, a trader in Equities, Forex, Futures, and Options. @Pinnacle_inst, FXStreet Best Educator. Start your trade journey with me👇🏻
Philadelphia, PA
Joined June 2014
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The bears are growling loudly. We should get a small bounce from today's lows to offer new selling opportunities at the 240-minute supply levels above. My target is the weekly demand.
Do you remember when you joined X? I do! #MyXAnniversary I think I deserve a gift @elonmusk
The markets keep choppin', and man, it’s been rough.
My rent’s overdue, and my gas tank is dry,
If I don't get a breakout, I swear I might cry.
Oh Lord, won’t you give me one good trend day a month?
The ES is looking like it may move sideways today. The consumer confidence number at 10:00 am may nudge it into an intraday trend to trade.
The market dropped on the uptick in unemployment. It is currently retracing the reaction, but it looks like it will finish the week with an inside day. The bullish trend is still intact although the intraday trend on the 60-minute chart is bearish.
The indexes may be overbought, but it can become more overbought in a strong bullish trend. The bulls are pushing higher. There may be a small pullback before new highs are made again.
