POT has been a pretty good trading stock recently. After putting a double bottom in place on June 8 it traded up about 10% before establishing a fairly wide trading range between 98 and 101.60. Today it close below 98. I will look for more downside tomorrow using 98 as my initial short price in the morning. I’m looking for … Read More
First Ticks – Wrong Ticks
A look at a basic market tendency which forms one of the building blocks of price action.
Embracing the Value of Keeping Charts by Hand
Keeping price charts by hand can shorten your learning curve.
Free Trading Seminar In NYC
Trading Setups That Are Working In Today’s Market Please join us on May 15th at our training room in NYC for an interactive seminar on which trading setups are working best in today’s market. The partners of SMB will discuss in detail the setups that have been offering the greatest risk/reward for the past two months in US equity markets. … Read More
Uncovering Intraday Relative Strength: A Clue to Market Sentiment and Direction
A look at how short-term relative strength can give insight into the power of the bulls vs the bears and future market direction.
