Market prepares for next Big Move

The Blue chip market, the S&P500 has been consolidating into a pennant patter over the last 2 days according to the hourly chart. It is now poised to break bullishly higher or bearishly lower early next week. Recent Related Articles Trading Options Gives You...

Trading the Morning Breakout

When the daily charts give you a bullish signal at the close, it pays to be prepared for a bullish morning breakout trade higher. Today, the SPX ran higher $30+ from the opening bell for the first 3 hours of trading. A prepared trader made nice profits all morning....