S&P Daily Pre-Market Prep 11/10/16
Index futures have had a bit of a roller-coaster ride over the past few days during and since the election. So how do we adjust our approach to trading over the next few weeks?
Prior to the election,...
Index futures have had a bit of a roller-coaster ride over the past few days during and since the election. So how do we adjust our approach to trading over the next few weeks?
Prior to the election,...
Markets are likely to be crazy today after the Trump win.I'm not trading the S&P today but rather looking for some bargain stocks that get sold off too hard.
Kudos to Gary Norden calling the market as having "priced in a Clinton win". Markets dropped on the re-launch of the FBI investigation into her emails and has now gapped up on the "nothing to see...
Excitement at last. If we look left, we can see we are now at the top of the old range where we spent April to July. So that makes the area we are at (2084-2089.25) very interesting. A push down and...
Excuse my absence, I had the flu. Not that I missed much by the look of things. I had an article in my inbox today which very nicely sums up the pre-election "holding pattern" we are in right now.......
Volume tapering off and not much news today. Middle of the range too. So low expectations today.
A low volume day yesterday. We got to the 2134.75 level - which is around where last weeks lows are, so we could see some participation to the downside from here.
The market went sideways after the drop. I don't think think the long term picture gives us a setup unless we move to 2100 again. At that point we are at a make or break point again.
The past few weeks price action has been quite challenging to those that trade the US indices. It really highlights the need to stay on your toes and adapt as a trader. Thursday was a case in point.
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