Profitable Ideas Each Market Day
LAST UPDATE:09/15/14 04:37 PM ET
The Nasdaq-100 and Russell-2000 joined the SP-500 in corrective mode on Monday, confirming last week's bearish technical action. Even so, this is triple witching expiration week, favoring a volatile but bilateral tape. With this in mind, a bounce into Wednesday's Fed decision makes perfect sense.
NEW FEATURE (Version 1.2): Click Ticker For Large Charts.
Hover Over Ticker For Quick Charts.
Powered By: BigCharts.com
|Price moving against a strong trend rebounds sharply|
How Should You Trade The 7-Bells?
|High volume events print the future direction of price|
|Constricted price gives way to directional movement|
|Gap downs after strong rallies signal a trend change|
|Candles flag reversals in the next smaller time frame|
|Weak markets drop fast after rallying into resistance|
|Breakouts through a triple top signal major uptrends|
Morning Trader Archive Search
7-Bells are not stock picks! All site participants, please read: Important Advice on Trading Risk and Site Disclaimer
ON THE EDGE
Veteran trader Larry Pesavento points out a powerful tape reading tool called the "opening price principle". Through years of observation, he discov... More
TIPS & TECHNIQUES - Reward:Risk
Forgo marginal positions and wait for the best opportunities. Prepare to experience long periods of boredom between frantic surges of concentration. Expect to stand aside, wait and watch when the markets have nothing to offer.
Even if you are only a stock market trader, it's important to view money flow moving across major markets.... More
The stock market indices closed the day and week with a negative session across the board. The day started off on a down note. They rallied back to re... More
Hard Right Edge carries columns from 3rd party authors for the convenience of our readers. All site participants, please read: Important Advice on Trading Risk and Site Disclaimer