Today we discuss the daily Gold (GC) futures chart and specifically dive into the current market trend. Remember, when looking for trends, we watch pivot highs and pivot lows, lower high lower low is a down trend, higher high higher low is an up trend. Recent Related...
Quadruple witching expiration happens 4 times a year, corresponding to the date on which stock index futures, stock index options, stock options & single stock futures expire simultaneously. This phenomenon creates additional price volatility with the result...
The S&P500 index moved above the March 4th high today, setting a new Year high price. If we can continue with the bullish price action, we could easily see a continuation move higher over the next couple of days. Recent Related Articles Trading with a Ferrari:...
Today we discuss how to use one of the Base Camp Trading indicators, specifically the MQ Momentum Trender Pro, to determine entries and exits within the context of a bias. We go over the S&P Emini (ES) futures market and how the indicator would have gotten...
Markets are slightly higher Tuesday afternoon, up about 0.4% following through yesterday’s bullish move. Today, we’re mostly in a sideways consolidation, since we’re waiting on the market reaction in Europe following Tuesday night’s schedule...
The market opened today, moving above the 200-Day exponential moving average. It had strong, consistently bullish strength. This created an environment for Bull Flag trades all day. Any attempt at pullback, resulted in a quick move higher. Recent Related Articles...