Daily stock market analysis, trade alerts, and trading education from Ross Givens and the Traders Agency team.
Today, the market may be setting up sell trades as the jobs data is suggesting good news is potentially bad news. This is particularly the case for the tech-laden Nasdaq 100 Index futures contract (NQ). So, let’s look at the NQ and stay up to date on how things are transpiring and setting up. We … The post Nasdaq 100 in the Sell Zone? appeared first on Josh Daily Direction.
Every trader is eyeing the big benchmark stock index for guidance on the direction of the overall market. After all, the companies that make up the S&P 500 index futures market (ES) include many of the world’s leading businesses. The index has made a bullish move lately, but there are some key levels we need … The post Where is the S&P 500 Heading Next? appeared first on Josh Daily Direction.
Recently, the market for BTC has been garnering new and renewed attention. And that has many looking at the potential trading opportunities… While we’re still out of the market for BTC, it could be setting up for a potentially big drop ahead. So, let’s look at the BTC futures contract market (BTC) and stay up … The post BTC Ready or Not for a Trade? appeared first on Josh Daily Direction.
The stock market continues to fluctuate on a day by day basis… This includes the smaller cap stocks of the Russell 2000 Index (RTY) futures market, which is the subject of my latest TradingView idea. The market is currently at an area of strong resistance, which could push the RTY lower again. But the bulls … The post Small Cap Woes Unless Bulls Take Control appeared first on Josh Daily Direction.
It’s been a while since we last looked at the technology-heavy Nasdaq 100 Index (NQ) futures market. The long term market direction remains to the upside, but the shorter term time frames are pointing lower. There is currently a short term up trend line on the daily time frame, which if broken could lead to … The post What’s Tech Been Up To Lately? appeared first on Josh Daily Direction.
A lot of developments are underway in the US crude oil futures (CL) market right now… After breaking below its up trend line in early July, the market is now moving higher again. The CL was up over 4% on Friday and is prepared to test the underside of that up trend line. So, today, … The post Checking in On Crude Oil appeared first on Josh Daily Direction.
The market for the leading S&P 500 Index futures contract (ES) has given up a lot of ground over the past year to date. While the index is bouncing this week, there could be more downside in store from here for the S&P. The market is moving from a low price towards a future high … The post What’s Up for the Leading US Stock Market Index? appeared first on Josh Daily Direction.
The futures market for the world’s leading digital currency BTC has given up a lot of ground over the past year or so. And unfortunately for BTC believers, there could be more downside in store from here. While the monthly time frame is in a long term bullish trend, the market is currently moving from … The post What’s Next for the Biggest Digital Coin? appeared first on Josh Daily Direction.
The Nasdaq 100 (NQ) futures market monthly time frame is in an up trend, with the market making higher highs and higher lows. The market is currently at a low price and hitting a known level of support. However, we still need to see if this support level is going to hold through the end … The post Why We’re Playing the Waiting Game in NQ appeared first on Josh Daily Direction.
The crude oil (CL) futures market is currently setting up for a potential downside move. After hitting resistance at the top of its hourly down channel, the market had a bearish reaction and started moving lower again. It has also made a counter trend line break bearish, which gives us the confirmation we have been … The post Where is Crude Oil Headed This Week? 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 global comments, I provide the core chart and discussion on my TradingView page right here. This week, the Russell 2000 futures market (RTY) is positioning for a potential drop back into the sell zone, which could … The post This Week’s Idea for Russell 2000 Futures appeared first on Josh Daily Direction.
The S&P 500 Index is the big index that all of the major fund managers use to track their performance. The index is made up of large-cap stocks, and it is traded in the futures market under the ticker symbol ES. As regular readers know, we track this market week in and week out, and … The post This Market is On Fire… Here’s Your Special Invitation 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.