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Traders Agency > Archives for May 6, 2022
The 200-day moving average… Its significance cannot be overstated. This is the “line in the sand” that establishes whether stocks are trending higher or lower. I’ve talked about this several times in past editions of Stock Surge Daily. I’ve told you that I don’t buy stocks that are trading below this level – not under …
Back in Monday’s issue, I told you that I was looking ahead to see where the next big opportunities may arise. That day, I had just published my latest Weekly Idea via TradingView on the S&P 500 (ES) futures market. You can see the original idea and how the action has played out since then …
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Zooming Out for a Better View of the Market
This week has certainly been a scary one for most bullish investors. Markets rallied into the Federal Reserve meeting on Wednesday, only to fall back to their recent lows earlier today. Just when it looked like things were looking up again for stocks, Mr. Market’s attitude turned sour. But today, I want to take a …
The post Zooming Out for a Better View of the Market….