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After keeping an eye on the 50-day simple moving average (SMA) last week, the market has started showing some pops to the upside. We need to be patient as we move forward and see what happens next. We could … Read more
In a market showing signs of volatility, you must have the willingness to not only be flexible, but a willingness to practice patience while waiting for ideal entries. This is a good environment to be “balanced,” with a few … Read more
Happy Friday, traders! Another week in the books, and a wild one it was. This week we saw something we haven’t seen in weeks — volatility. The daily chart of the Volatility Index (VIX) (below) is an important one … Read more
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