Trading

August is in the books, and did you know that the market was down for the first time since February. But Splash Zone traders were up yet again! Join the SharePlanner Splash Zone and start trading with me to see for yourself what a membership can do for your portfolio. Sign up for a Free 7-Day Trial

Technical Outlook: A relatively low volume, flat day of trading in S&P 500 (SPX) until the final 30 minutes where the majority of its gains were acquired.  SPX is now turning bullish again, although it is still stuck in a short-term trading range. New all-time highs are within arm’s reach, and to add short positions to the

August is in the books, and did you know that the market was down for the first time since February. But Splash Zone traders were up yet again! Join the SharePlanner Splash Zone and start trading with me to see for yourself what a membership can do for your portfolio. Sign up for a Free 7-Day Trial

Technical Outlook: Following a weaker than expected employment report, S&P 500 (SPX) managed to put together a small rally that lifted price back above the 5, 10 and 20-day moving averages. All three of which are just four points apart in total.  Following the highs being established early in the trading sessions, the market proceeded to give

August is in the books, and did you know that the market was down for the first time since February. But Splash Zone traders were up yet again! Join the SharePlanner Splash Zone and start trading with me to see for yourself what a membership can do for your portfolio. Sign up for a Free 7-Day Trial

Technical Outlook: Another sell-off yesterday, another ramp into the close. This time the bulls wiped out 15 points in losses on S&P 500 (SPX) to close the day flat.  As a trader, this is not the kind of market environment that you want where price simply reverts to the mean. You want trendlines and chart patterns.

August is in the books, and did you know that the market was down for the first time since February. But Splash Zone traders were up yet again! Join the SharePlanner Splash Zone and start trading with me to see for yourself what a membership can do for your portfolio. Sign up for a Free 7-Day Trial

Technical Outlook: The S&P 500 (SPX) actually attempted to make a legitimate sell-off yesterday, but then the afternoon happened and the ramp buyers emerged to lift market off of the lows and erase 60% of the day’s losses.  The buyers are exhausted at this point. When they rally it is just within a tight 1.5% consolidation area

August is in the books, and did you know that the market was down for the first time since February. But Splash Zone traders were up yet again! Join the SharePlanner Splash Zone and start trading with me to see for yourself what a membership can do for your portfolio. Sign up for a Free 7-Day Trial

Technical Outlook: Another extremely boring trading session on the S&P 500 (SPX) yesterday. Weakness prevailed the entire day until the last 1.5 hours of trading that saw the market rally off of the lows to minimize the day’s losses.  There is actually a developing head and shoulders pattern on SPX. With as flat as the market has