Daily stock market analysis, trade alerts, and trading education from Ross Givens and the Traders Agency team.
Nothing major on the economic front today. However, the minutes of the Fed’s latest monetary policy meeting will be released in a couple hours…
Nothing major on the economic front today. However, the minutes of the Fed’s latest monetary policy meeting will be released in a couple hours…
Today, I am going to explain how to recognize market trading patterns. Being able to spot specific market patterns is crucial to knowing when to buy and/or sell a particular market. But how do we go about figuring out what the market is doing? Well, we rely on our time frame charts to give us … The post Finding Trading Patterns in Nasdaq 100 Futures appeared first on Josh Daily Direction.
Today, I want to follow up on the weekly idea I posted on my TradingView page on Oct. 27. At the time, the Nasdaq 100 (NQ) futures market had just bumped up against resistance at its short term down trend line. This was a known level of U-turn, so we were expecting the market to reverse … The post Nasdaq 100 Futures Hit the First Target appeared first on Josh Daily Direction.
The Federal Reserve just made its latest interest-rate announcement this afternoon. As expected, the central bank raised the target federal funds rate range by 75 basis points (0.75%) to 3.75%-4%. Markets moved upon the announcement, and there will likely be further gyrations as the press conference with Chair Jerome Powell gets going. Investors and traders … The post Two Ways to Play RTY Futures appeared first on Josh Daily Direction.
I share my top trade setups whenever I have a big, new idea for the market. And to invite a global audience, I provide the core chart and discussion on my TradingView page. As regular readers know, I’ve been watching the crude oil (CL) futures market over the past few days and weeks. It has been … The post This Week’s Idea: CL Daily Long Idea appeared first on Josh Daily Direction.
Two weeks ago, I shared a potential bullish setup for the crude oil (CL) futures market on my TradingView page. At the time, CL was near a low price and hitting its long term up trend line. But we wanted to see if support was going to hold before looking for long ideas. Well, it … The post Crude Oil Ready to Make a Bullish Move appeared first on Josh Daily Direction.
I share my top trade setups whenever I have a big, new idea for the market. And to invite a global audience, I provide the core chart and discussion on my TradingView page. This week, I’ve been watching the Nasdaq 100 (NQ) futures market, which has had a strong bullish push lately. However, now that some … The post This Week’s Idea: NQ Hitting Daily Downtrend Line appeared first on Josh Daily Direction.
The S&P 500 (ES) has rallied lately, but it is now hitting a key level of resistance that we need to be aware of. The bulls have been testing that level during the past few trading sessions and are slightly above it right now. However, this is a known level of U-turn, and we are … The post ES Futures Ready for a Reversal? appeared first on Josh Daily Direction.
On Tuesday afternoon, Alphabet (GOOGL) and Microsoft (MSFT) reported their latest earnings figures. While the market was looking forward to these reports and bidding stocks higher over the past few days, the numbers weren’t as strong as analysts had hoped for. As a result, both stocks are down by over 5% today and weighing on … The post RTY Leads as Large Cap Stocks Drop appeared first on Josh Daily Direction.
Markets are up for the third day in a row and showing another big rally this afternoon. The tech-heavy Nasdaq 100 (NQ) futures market is up 1.8% today alone and up almost 12% from the recent low. Investors are looking ahead to important earnings reports from mega-cap technology companies like Microsoft (MSFT), Meta Platforms (META), … The post Is a Nasdaq 100 U-Turn Ahead? appeared first on Josh Daily Direction.
Digital currency futures rallied this past Friday, following the gains in the major US stocks indexes. But while the stock and futures markets shut down for the weekend, the traditional digital currency markets kept gaining. BTC gained fractionally on Saturday and then rallied another 2.9% on Sunday. That led to a higher open for BTC … The post BTC Bounces, But This Bear Market Isn’t Over appeared first on Josh Daily Direction.
50,000+ traders get our daily brief before the market opens.
You're subscribed!
Check your inbox.
Free. No spam. Unsubscribe anytime.