1
Stock Market Trading with Bullish Uncertainty 9-11-19
SPY ETF 9.11.19 Our prayers go out to everyone we lost and their families on 9-11.The SPY ETF formed a swing high yesterday, typically a signal for a bearish reversal. A setup that would imply profit-taking from the recent bullish momentum. But, you can’t be a seller at all-time highs, unless you are trading on micro […]
CONTINUE READING
Wendys Shows Order Flow Buy | Stock Market Pauses Before Highs
WEN Wendys Co Stock Chart 9.10.19 Wendys (WEN) has set up a perfect order flow buy signal. A bullish gap in August followed by a momentum move that paused at significant resistance. Then exploded to new highs with the majority of the days closing above the open (showing institutional support.)After the stock exhausted itself we now […]
CONTINUE READING
1
Lululemon Explodes After Earnings – SPY ETF Breaks Out
SPY ETF Weekly Chart 9.6.18 SPY weekly chart breaking out of a 4 week consolidation and has new all-time highs in it’s sights. So do we go long?Yes, but for only one more day. The U.S. jobs report is coming out this morning so we need to see how the stock market reacts, but the […]
CONTINUE READING