Stock
Pre-Election Volatility in the S&P 500
With the election tomorrow night, we’re starting to see some of the “funkiness” that we would expect from pre-election night volatility in the S&P 500.
Specifically today, we had the market internals suggest to us to expect more buying pressure as the day progressed. We also saw a steady rise in the Cumulative TICK indicator, suggesting more buying than selling pressure.
However, when you contrast that with what price action actually did, we’ll see a much different story. Instead of price go
Read MorePullback Levels on S&P and Nasdaq
With today’s selling pressure, supported by high volume, we’ll take a look at potential pullback zones in the S&P 500 (SPY) and Nasdaq (QQQ).
Using Fibonacci, we see in the Nasdaq that we’ve hit the 1.618 extension, and are now pulling back. With the S&P, we have open gaps below us, which look like they are likely to be filled.
In case you’re interested, you can also replicate the same process that we use in tonight’s video on the DOW and Russell as well, for pullback zones.
After discuss
Read MoreHourly and Daily Volatility Levels – SPY, QQQ, DIA, IWM
As volatility traders, the 2020 election has led to an increase in not only volatility, but also trade opportunities in many of the major markets.
In today’s video, we’ll contrast our Hourly Volatility Box levels with the Daily Volatility Box levels in the 4 major indices. We’ll take a look at ES vs. SPY, NQ vs. QQQ, DIA vs. YM, and IWM vs. RTY.
We’ll also highlight the “Likely Trending Down” heads up that we received with the Cumulative TICK Pro indicator, and how to trade using market inte
Read MoreStimulus Volatility – Futures and Stock Trades
We had stimulus volatility act as a catalyst, leading to some nice trade setups in both futures and stocks.
In today’s video, we’ll cover trades in the 4 major index market futures, along with some stock setups in Pinterest (PINS), FarFetch (FTCH), Baidu (BIDU) and DOW Inc. (DOW).
The first half of the video will focus on the indices trades, where similar to this week, we had 3 winners and 1 loser. We had some nice gains in the /ES, /YM and /RTY futures, while the /NQ was a loser.
With sto
Read MoreDay Trading NLS Stock Volatility (and 5 Other Stocks)
We had NLS stock hit our Volatility Box Live Scanner today, which gave us a beautiful opportunity to trade the volatility and catch the reversal move in NLS. This same setup existed for 5 other stocks as well, which we’ll discuss in today’s video.
The Live Scanner is a machine that we’ve built, which constantly keeps giving you trade ideas as they set up. The scanner usually refreshes every 15 or so seconds with any new trades that are setting up.
For today’s performance recap, there are two
Read More4 Stock Volatility Trades and Results (TD, GOOS, FSLR, BSX)
In this video, we’ll review the Stock Volatility Box’s performance for today, diving deeper into 4 specific trade setups.
Today, we had 23 trades that hit our Live Scanner in the first four hours (from 6-10am PT). The Live Scanner is a machine that we’ve built, which plots stock entries as they setup, with specific entry, target and stop prices.
Specifically, we’ll dive deeper into the charts of TD, GOOS, FSLR and BSX.
1. TD – Aggressive Long Trade Entry (Winner)
2. GOOS – Aggressive Long Tr
TLT Fibonacci Trade Idea (50% Retracement Pullback)
With a rather peculiar year, we’ve seen markets like TLT have a greater than average percentage gain, so far into 2020.
In today’s video, we’ll discuss a trade idea setting up in TLT, as a result of the recent gap lower. Price action is currently hovering around the 50% retracement mark, using the swing high to swing low in TLT.
Additionally, if we use a previous swing high to swing low Fibonacci retracement, we’re able to create a cluster zone. So far, price action has respected this zone,
Read More2 Ways to Identify Trending Markets
We have two easy ways to discover likely trending markets, using data-driven tools that we’ve created. In today’s video, we’ll discuss both of those methods and break them down with some examples.
Our first method of identify trending markets is built inside of the Volatility Box. We’ve used data here to identify specific price action clues in the first few hours of the market being open, to determine whether the market is likely to trend.
Today, we had Copper give us the indication that we sh
Read MoreStimulus Update Volatility – Futures & Stock Trade Setups
In today’s video we’re going to talk about the volatility we saw in the markets, as a result of Trump’s tweets, stating that stimulus negotiations were going to be pushed till post-election.
This was something the market did not expect, and we saw that reflected in the price action. Across the board, the S&P 500, Nasdaq, DOW, Russell, 30-YR Bond, Energies, you name it — almost all major markets saw a volatile reaction to this news.
This ended up becoming our catalyst for both futures and stoc
Read MoreS&P 500 (/ES) – Buy the Dip Futures Setup
We had several “Buy the Dip” setup opportunities in our futures markets, towards the final few hours of the close.
Our first setup which we’ll discuss in today’s video was in the /ES (S&P 500) futures. We had an opportunity to buy the dip, and go long the /ES futures markets. This trade was good for 10.25 points in the /ES futures, which resulted in a gain of $512.50/contract.
Our second setup was in the RTY futures (Russell 2K), which was similar, but fell short of our target by 0.4 ticks. Ul
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