In this week’s video, I cover the Head and Shoulders pattern that has triggered on the S&P500 SPX but not the Russel 2000 IWM yet. There are slight differences in the neckline which will affect the expected price moves. The main market mover this week was the continued rally in the US Dollar /DX UUP.…
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Here at the Stock Option Assassin we believe that Time Management and Productivity are important skills to a well rounded trader. If you’re like me you probably watch a ton of online video every week. Between option training, stock market commentary, and webinar recordings it’s easy to spend hours of precious time consuming video content.…
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April’s jobs report was released this morning and was below expectations. This sent the market into a falling tailspin across the board. The Dollar UUP and Bonds TLT were up on the day as well as slight gains in Gold GLD and Silver SLV. One of the extreme moves of the day was in oil…
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In this week’s video, I point out how the dollar has broken support and may fall even further which in turn might have the market retest the recent high’s. The MTS members and I have been playing both sides of the market this past week and detailed trade setups for what we traded and what…
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Big Bearish Dollar Bet and Option Swing Trade Setups
By The Assassin | Market Commentary
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Facebook FB was all the hype today but essentially ended around $38 where it started trading at. Moving on. In this week’s video, I recap the Head and Shoulders pattern that ended up triggering on the IWM Russell 2000 and how we played it with our members. We’ll also take a look at last week’s…
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