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Daily Supports Tested – Decision Zone for Buyers- Feb 8, 2019

MARKET TEMPERAMENT –

Volatility signaled a move in the charts and confirmed in the early part of the day with failed resistance. The SPX spread expiring today 18 points wide around the 2700 strike leaving us 2718-2682 as traders faded price into daily support regions. Until we recover and hold 2726, bounces will be selling opportunities in the charts as we have a potential sea change afoot.

Our Metastock swing system confirms a short yesterday with the failure of 2717 (the first bounce into resistance). Crosscurrents are still evident so additions to short entries should be at bounce zones only.  

How about finally starting that trading journal?

You should – Here’s an easy way to keep track of your progress

PROTECTED DATA SITS BELOW –

IF YOU CAN SEE THIS LINE, YOU ARE LOGGED IN 

NEW LINK FOR TRADING DATA EXCEL SPREADSHEET –

Please download the dropbox for the newest data

MORNING Webinar link BEGINNING 9:15 AM CENTRAL for the week beginning Feb 4, 2019

WEBINAR LINK LIVE FEED OF THE CHARTS BEGINNING AT 10 CENTRAL- technical events will have the live feed resuming on Monday

YESTERDAY’S WEBINAR RECORDING LINK

STUDY SESSION FROM 1-30-19 – webinar recording

TODAY’S webinar recording

HOW TO TRADE THIS SPREADSHEET AND TRADE MECHANICS IN GENERAL- STUDY VIDEOS SERIES

TARGET SETUPS FOR 2-8-19
TARGET PERFORMANCE FOR 2-7-19

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