S&P500 Confirms Memorial Holiday Breakout

S&P500 Confirms Memorial Holiday Breakout

02 June, 2017 Last week on May 24th the ES broke out of a trading range.  But, since it was the week before Memorial Day weekend we took it with a grain of salt.  Sure enough we had a pullback that retested the breakout level. Now, because of that re-test and with the...
S&P500/ES Hourly Trade Setup

S&P500/ES Hourly Trade Setup

05 December, 2016 Early last week we published a post about the easiest trade you might be able to make all year.  Basically, it advocated buying pullbacks on the hourly charts and holding on as long as you can. Well, overnight the ES chart completed a pattern...
Coffee – Long Trade Idea

Coffee – Long Trade Idea

30 November, 2016 Coffee futures have been in an uptrend for most of 2016.  Now it has pulled back to an area where price spent a lot of time earlier this year (and even last year).  This presents a potential swing trade opportunity. Obviously no one can...
The Simplest Trade You Could Make All Year

The Simplest Trade You Could Make All Year

28 November, 2016 Sometimes its best to just keep things simple. We mentioned last week that US Equities generally have a bullish bias during the Thanksgiving holiday week and that if a breakout were to occur, there was a good chance it would be during that time...
US Equities In A Holiday Week

US Equities In A Holiday Week

21 November, 2016 US Equities are at an interesting point.  The DOW has pushed to new highs as has the small caps index (Russell 2000).  But the S&P 500, the broader measure of the US Stock market and the Nasdaq, the market leader for many months, have...