Built by Traders, for Traders
Ross Givens
Stock Trader & Educator
Built by Traders, for Traders
Ross Givens
Stock Trader & Educator
Good morning, Traders! I’m pretty happy with the Nasdaq futures market (NQ) right now! We’ve broken above resistance, both the long-term and short-term directions are up, and the market is headed for the 14895.5 price point. That means we could see a +1967 tick movement from this current push! Now, as you’ll see in the charts below, …
The post This market is headed in the right direction appeared….
Good morning, Traders! The E-Mini Russell 2000 (RTY) looks to be setting up for a retracement (temporary price drop) in the short term, so I’m recommending that we wait and see which direction the market will go before we get back in. While the long-term direction is still bullish for the RTY, the one-hour timeframe …
The post We’re taking a step back appeared first on
Good morning, Traders! So far, so good for Nasdaq futures (NQ). Both the long-term and short-term directions are up as the market continues to move toward the 14895.5 price point in the current rally! That means there’s plenty of opportunities to trade the NQ and make money! As you’ll see in our timeframe analysis, the market rebounded …
The post A market that’s making all the right moves appeared….
The stock price’s reaction when it comes into touch with the resistance level, the basic moving average, is the most significant feature of a Bearish U-Turn set-up. During intra-day trade, the preferred reaction occurs as the stock climbs to the resistance limit, then reverses and goes down a certain percentage of the day’s high-to-low scale.
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