Category: Trading Articles

Market character changed and so must your strategy

When we last conversed, the set-up was clear - either the market would rotate to something besides technology stocks or the market would sell back down. Rotation didn't happen and the market finally took a fall last Friday. Looking back over the past 3 months, we can definitely see a change of character. No longer are the V-Shaped rallies littering the landscape but instead bidirectional moves have become the norm - straight up and straight down. This change of character appears important to take notice of for it says that it is no longer the case that any purchase will eventually be rewarded but that some will actually lose value. It says that to make money you are going to have to be much better at finding higher probability trade set-ups (long and short) and have reasonably good timing for entries and exits.

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  • Written by LA Little

Category: Trading Articles

AAPL- 122.03 short term target Update 4/28/15

Bulls need to hold 122.03- see the following 13day 15min chart.

Read more: AAPL- 122.03 short term target Update 4/28/15

  • Written by Gary Caumont

Category: Trading Articles

SVXY- 67.18, 67.78 short term targets Update 4/28/15

SVXY is bullish above 62.44- see the following 4wk 15min chart.

Read more: SVXY- 67.18, 67.78 short term targets Update 4/28/15

  • Written by Gary Caumont

Category: Trading Articles

$Compq- 4923.8 target hit Update 4/27/15

Bears have confirmed a 4923.8 line in the sand- see the following 4wk 30min chart.

Read more: $Compq- 4923.8 target hit Update 4/27/15

  • Written by Gary Caumont

Category: Trading Articles

Will the Bul Market Continue?

Last week the markets got serious about the topside and the potential set-up to support a break higher was fulfilled. That was pretty much in line with the bullish set-up that had presented itself. Now that the breakout has in fact actualized and moved north, the next question is twofold, "Will it continue?" and "How far can it go?"

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  • Written by LA Little