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The S&P 500 (ES) futures market had a big win yesterday, gaining almost 2% to fend off the bears at the June lows. However, the daily time frame remains in a down channel, and we are still looking for selling ideas. If we see the current bounce continue towards the top of the channel, that’s …
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As traders, it’s important to remember that we cannot control the market. The market has a mind of its own, and it’s never going to do exactly what we expect it to. The only thing we can really do is go with the flow of what we’re seeing and react to it as best as …
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Despite their best efforts, the bulls have failed to pull the Nasdaq 100 Index (NQ) futures contract out of its down trend. For a while in mid-August, it looked like the series of lower lows and lower highs was coming to an end. But the bears took over again heading into September and pushed the …
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Regular readers know that the metaverse is basically a virtual reality (VR) world where everything happens totally online. Just strap on a VR headset, log in and you can begin interacting with the metaverse from the comfort of your own couch. Now, not everyone is a fan of this idea, but I’m extremely bullish on …
The post Is This Metaverse Leader Setting Up for a Big Stealth….
We’ve been knocking it out of the park over at my Alpha Stocks research service lately. Even with the bears running wild this year, we’ve been finding winning trades on both the long and short side. I’ve told you about our short trade in Pegasystems Inc. (PEGA) we closed back in May for a combined …
The post How We Played the Breakout in ProPhase Labs appeared first….
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Bulls Fight Back, But Bearish Trend Remains
The bulls are fighting back against the bears as the new week begins… After closing below the June lows last Friday, the Nasdaq 100 (NQ) futures market is bouncing back today by 1.6%. Stocks are up across the board, but it’s important to remember that this market is still firmly in a down trend. Therefore, …
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