Expecting a reversal to begin today. 4.24.24 Premarket outlook and Technical Analysis for day trading the SPY.

I am looking for a reversal to start today that will take us into overnight Thursday and premarket Friday. Target area for reversal is 5113-up to 5176. watching the daily chart for reversal signs. Today’s stock that will push the market: Tesla, Meta and Intel Tesla pop has happened but may it comes to a

Expecting a reversal to begin today. 4.24.24 Premarket outlook and Technical Analysis for day trading the SPY. Read More »

Signs to pay attention to. 4.23.24 Premarket outlook and Technical Analysis for day trading the SPY. 

Good morning trading world, I was recently asked what it means when /vxk24 goes above the /vxm24. What I am talking about is backwardation. Backwardation is a great sign to let you know when trouble in the market is here and now or later down the line. Lets look at a few ways. This is something

Signs to pay attention to. 4.23.24 Premarket outlook and Technical Analysis for day trading the SPY.  Read More »

To flush or not to flush this week, maybe next week. 4.22.24 Premarket outlook and Technical Analysis for day trading the SPY. 

Good morning trading world, there is a lot of stuff coming into play. The biggest item is a flush. A flush is a bout of all-out sell side activity or the type of angry market we haven’t seen in a long time. Flush just kind of lets me know that most of the big wigs

To flush or not to flush this week, maybe next week. 4.22.24 Premarket outlook and Technical Analysis for day trading the SPY.  Read More »

Treading the edge of big selling , get prepared. 4.19.24 Premarket outlook and Technical Analysis for day trading the SPY. 

Good morning trading world, we walked right to the edge of the cliff and hung our foot over and laughed at volatility. I am still telling you that we still have not seen real angry sell side activity in the market yet but its close we may wake up to it on Monday, you never

Treading the edge of big selling , get prepared. 4.19.24 Premarket outlook and Technical Analysis for day trading the SPY.  Read More »

Risky heights leading into a quick flush coming in the market. 1/29/24 Premarket outlook and Technical Analysis for day trading the SPY. 

Goodmorning trading world, we have been on pretty much a steady ride to the upside only broken up by consolidation before another push to the upside. With the upcoming FOMC announcement coming on Wednesday I am looking for a flush down to start before the actual announcement and pretty much come to an end with

Risky heights leading into a quick flush coming in the market. 1/29/24 Premarket outlook and Technical Analysis for day trading the SPY.  Read More »

Risky heights in the market.1/22/24 Premarket outlook and Technical Analysis for day trading the SPY.

Join Our Club its free: JMJ Investment Club Check out our new guide: The Ultimate Guide to Trading Range Days Hello trading world, it been a while but looking to get back to posting outlooks and more in 2024. I am actually open to suggestions on post if you want to drop a comment or message. I haven’t

Risky heights in the market.1/22/24 Premarket outlook and Technical Analysis for day trading the SPY. Read More »

I know everyone is going to be talking about and looking for an Xmas rally, but I think we should be looking for Santa’s pull back first. 12/4/23 Premarket outlook and Technical Analysis for day trading the SPY.

Join Our Club its free: JMJ Investment Club Check out our new guide: The Ultimate Guide to Trading Range Days Hello Traders, it’s been a while since I did a post, been on the Road a lot lately. We are getting close to wrapping up another year, and as always, the talk starts about the Xmas rally.

I know everyone is going to be talking about and looking for an Xmas rally, but I think we should be looking for Santa’s pull back first. 12/4/23 Premarket outlook and Technical Analysis for day trading the SPY. Read More »