Built by Traders, for Traders
Ross Givens
Stock Trader & Educator
Built by Traders, for Traders
Ross Givens
Stock Trader & Educator
With the big selloff last week, the major indexes remain under pressure. In particular, the Nasdaq 100 (NQ) dropped 5.8% last week. The market hit the top of the daily channel and pulled back, and we are now expecting more downside ahead. Read on to see how the market is setting up for the next …
The post Looking for Short Ideas in the NQ appeared first on Josh Daily Direction.
Today we’re looking at the big tech stocks that appear to be in trouble. These are represented by the Nasdaq 100 Index. So let’s look at the NQ 100 Index futures contracts… Looking at NQ Futures Contracts Here’s how the chart is shaping up and how we see the market… The NQ daily time frame …
The post Big Tech is in Trading Trouble appeared first on Josh Daily Direction.
One of my favorite market internals to watch is the put/call ratio. It measures the ratio of traders buying puts (bets the market will go lower) to those buying calls (bets the market will go higher). So the higher the ratio, the more bearish investors are and the more money they are betting on prices …
The post Watch This Indicator for the Market Bottom appeared first on Stock Surge Daily.
Despite their best efforts, the bulls have failed to pull the Nasdaq 100 Index (NQ) futures contract out of its down trend. For a while in mid-August, it looked like the series of lower lows and lower highs was coming to an end. But the bears took over again heading into September and pushed the …
The post Why We’re Expecting Another Lower High in NQ appeared first on Josh Daily Direction.
The venerable S&P 500 (ES) futures market is tumbling again today as the new month gets underway. So far, the bulls are nowhere to be found, and that potentially sets up the ES for more downside. However, with the market at a short term low, there may be better entry opportunities for short ideas ahead. …
The post Here’s Where We’ll Look to Strike in ES appeared first on Josh Daily Direction.
Forget the Magnificent 7 – these 3 stocks are poised for HUGE moves in the next leg of the AI boom. Wall Street veteran Ross Givens just revealed the details…
Move Out of the Way When You See This Bearish Chart Pattern
The markets kicked off the new week yesterday by erasing Friday’s losses. However, the bulls still have a lot of work to do to make up for last week’s bloodbath. In the meantime, I want to talk about a bearish chart pattern that could help you play further downside in the market. We covered the …
The post Move Out of the Way When You See This Bearish Chart Pattern appeared first on Stock Surge Daily.