Traders Daily Direction
Your daily compass for market direction. Key levels, momentum shifts, and actionable setups before the bell rings.
651 posts published
Posts — Page 55
Are you ready to make money this week?
Good Evening, Traders! This week, I’m keeping an eye on the RTY, GC, and the 6S. With the RTY, the daily timeframe is still in an up channel and headed toward the top of the channel. The GC is currently above the counter trendline and working its way up to the Fibonacci extension of 1922.4. That’s … The post Are you ready to make money this week? appeared first on Josh Daily Direction.
Will you be ready for this market shift?
Good morning, Traders! The Nasdaq futures market continues to perform well (NQ). Both the short- and long-term trends are positive. However, we should prepare for a pullback in the near future. Such a pullback/sell-off can be brief, with a swift return to a bullish run. However, there’s the potential that a sell-off may evolve into a … The post Will you be ready for this market shift? appeared first on Josh Daily Direction.
Will the NQ drop or stay the course?
Good morning, Traders! Things continue to look up for the Nasdaq futures market (NQ). Both the short-term and long-term directions are up. But as the market gets closer to the top of the channel, we need to prepare for a retracement. A retracement is simply a temporary drop in market price after a rally. When the … The post Will the NQ drop or stay the course? appeared first on Josh Daily Direction.
It’s time to make some money with the RTY!
Good morning, Traders! I’m currently watching the Russell 2000 (RTY) as the market has bounced off support and is headed toward the top of the channel. This is a great opportunity to make some money before the next sell-off! As the market continues to rise toward resistance, we should keep an eye on the one-hour time frame to … The post It’s time to make some money with the RTY! appeared first on Josh Daily Direction.
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