Trading Markets

Through a Trader’s Eye

Wednesday saw the $US dollar down and commodities up, which as Kevin Haggerty has said in previous commentaries, is a day trader’s goldmine. Here’s a look back at Wednesday’s price action, plus today’s market direction.

Market Reverses From Key Price and Time Zone

The SPX had an “air pocket” yesterday and broke a 10-day narrow trading range in the key price zone. Kevin Haggerty takes a look at the markets and why there is more decline to come.

Key Market Juncture For the Major Indexes

SPX closed on a slightly negative note to begin the week. Further, the Fed kicks-off its two-day monetary-policy meeting today. So what’s in store for the market? Kevin Haggerty weighs in.

The Daytrader’s Gold mine

The market remains extended in a vertical move right now, with obvious negative momentum divergences in the SPX, so a reversal from the key price and time zone still remains the highest probability.

This is a Key Price and Time Week

Key price and time symmetry takes precedence, plus a few red flags coming in this week. So, if you are one of the many that have missed this entire market, now is not the best of levels to give into your emotions.

Key Price and Time Symmetry in Play

It’s month end this Friday, so should traders expect any significant pullback? And what about any key time symmetry in play? Read Kevin Haggerty’s commentary on what’s next for the markets.

Talent Leads and the Herd Follows

The intermarket relationship for the $US dollar, SPX, crude oil, energy and materials stocks, continues to be the macro driver of the market. See Kevin Haggerty’s commentary on why the so-called “talents” are leading the herd to greener pastures.

Trading the Market Symmetry

In contrast to yesterday’s rally, stocks stumbled early Tuesday despite better-than-expected earnings from Goldman Sachs and Johnson & Johnson. See Kevin Haggerty’s report as he takes a look at the symmetry that exists in the market.

It is All About the Symmetry

In front of the long Holiday weekend, and the beginning of a new quarter, what should traders assume or expect from the markets? Keven Haggerty weighs in.