In tonight’s video newsletter, we review a trade on the Euro that we had in class today and do some analysis on the rest of the markets we are watching.
In tonight’s video newsletter, we review a trade on the Euro that we had in class today and do some analysis on the rest of the markets we are watching.
Let’s do some Fibonacci Analysis on the S&P, Dow, and Nasdaq.
FIBONACCI ANALYSIS FOR TUESDAY
Here’s a trade we took in the Euro good for over 100 pips.
Lot’s of big moves happened off of Friday’s employment data, including a stop out on AAPL and a move that could lead to new highs in the stock indices. The important thing however, is that we continue to trade our plan and follow what the charts are telling us. Let’s take a look.
In tonight’s free Video Newsletter, we take a look at the S&P 500 and its current move up off the employment data. No matter what anyone else says, the charts don’t lie. Let’s look at where we’re likely to go next…
The S&P 500 and the Dow Jones are both moving similarly, however, while the S&P 500 has closed and moved higher, the Dow is still having trouble moving higher. Tomorrow’s Employment numbers will be important. Also, be sure to check out our Free Fibonacci Webinar tomorrow at lunchtime!
The market continues to chop around as we head into Employment numbers tomorrow. Everyone is waiting to see what these number are and we believe tomorrows close will dictate the next few weeks in the markets. Let’s take a look at what the possible scenarios are…
We’ve gotten a bunch of emails of our thoughts on RIMM, makers of the Blackberry Smartphone. Let’s take a look…
Stocks moved slightly higher for most of the day until about mid afternoon where stocks came to a halt and fell into the close. We continue to trade in this range which is not surprising if you’ve seen some older videos. Let’s take a look at what we see happening next…