In this week’s video we walk through our Market Timing Service’s first closed swing trade of 2013. By using simple multiple time frame analysis, a single indicator for the entry, and Fibonacci target for the exit, we were able to bank a 50% gain in less than 5 trading days. Swing trading doesn’t have to…
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In this week’s video, we take a look at the SPY and what we’re looking for in the next few days. We had a nice 5% move between Monday and Wednesday due to the Fiscal Cliff deal to avoid tax hikes on most Americans. Right now the market is still in a bit of euphoria…
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In this week’s video we take a look at how the S&P500 SPY is sitting in a 50 – 61.8% Fibonacci Zone which is often a key reversal area. In our Nov 16th post, we talked about the key intraday reversal that took place and sent the market rallying through the Thanksgiving Holiday. What we…
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The market started its usual gap and fade this morning but right before the lunch hour, there was a press conference out of Washington that gave hope to progress between the Republicans and Democrats on solving the Fiscal Cliff. Leaders from both parties showed optimism and said that their meeting today was constructive and that…
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In this week’s free video update, we take a look at two potential bounce plays for Monday. First, the market is oversold here as we head into November OPEX week and following this week is Thanksgiving week. The combined market conditions with a shortened holiday week next week, gives us a chance for that face…
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