Momentum Trading: Technical Analysis Tips

In this video, learn the right way to use technical analysis for momentum trading. We teach a developing trader, with a trade example he took, how to use technical analysis to determine the buyers are in control with a momentum trade.

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in this video learn the right way to use

technical analysis for momentum trading

hi i’m mike bellafury co-founder of sme

capital proprietary trading firm located

in midtown manhattan and i’m also the

author of the trading classic one good

trade and the playbook in this video we

teach a developing trader with a trade

example he took how to use technical

analysis to determine the buyers are in

control with the momentum trade let’s

get to work on sharing this enduring

technical analysis principle so you can

grow your trading account

[Music]

all right tori i want to provide a

little context as to who you are and

why you’re here

so my name is torie hudson and i am from

california i graduated from usc and

with a degree in history and shortly

thereafter i was trying to find what i

wanted to do

and stumbled across the stock market and

started watching videos and

found smb’s youtube channel and decided

that

this really interested me this piqued my

interest and i wanted to do this but i

didn’t know how to go about that

so i just kept on watching videos and

kind of traded on my personal account

and i had a really hard time for the

first year or two i had a really hard

time

until i reached out and i tried to do

the internship with smb

and i didn’t get that and that was two

years ago so i was put on a path into

smb by jeb by one of the traders that

works here jeff

through the sme training side so you are

coming to us through the sme training

side which is another part of estimate

capital

and you are an smb training in-house

student right now

and

presenting to us

a playbook trade from your work

presently

and

i’m curious

what’s what’s your ultimate goal

to work at smb okay

ultimate goal is not hey i want to go

back and trade my personal account

better your ultimate goal is hit when i

get hired by the firm and

this is one of the ways that you can do

it if you don’t come in the front door

if you’re not an intern

who then

gets offered a spot on the desk there is

sme training and you can take the same

training

and if you stand out

then and we like you and you like us and

you fit in and you do good work and you

show some good results there is a path

to interview and be hired

on the desk and

there are people out there even though

there’s not a lot of traders in the desk

right now because the covid

there are traders on the desk right now

who who did go through that path so that

does happen

and so

well i’m a little nervous for you though

because

you have to shine a little bit more

than maybe some of the others since

you’re trying to

impress the the firm

so let’s see what you did

so early on in my trading career

something i’ve noticed

is a lack of psychological preparation

and i’ve made it a

intention every morning when i wake up

to get my mind in the right spot

and by that me i mean as mark douglas

says trading in the zone

um you know trading is as much

psychological as it is technical or

fundamental if not more

so when i get up i make sure my mind is

ready to go

and in many ways for me i like to frame

it around a battle i make sure my mind

is ready to go to battle you know asking

questions like have i had a good night’s

sleep

is my mind in the right place do i have

any lingering emotions from previous

trades

those are all questions that i think

they’re important to ask

and there’s just those are just a few of

the questions that i asked myself

i also gather a quote book in the

morning just something to kind of

rejuvenate my spirit and get me in the

same get me in the right mode here are

some of the quotes i chose for this day

two of the ones i’ll point out is every

battle is won before it is fault or

before it is fought

and essentially that just means if you

failed a plane you plan to fail and

bella also chose one of your uh quotes

trading is a sport of survival

reinvention and perseverance even for

the successful trader i like that one

so i found that doing this for myself

and maybe it’s working out or or

whatever you have to do to kind of get

your mind in the right spot but these

quotes kind of help me

like hone in like a guiding missile on

what i need to be doing for that day if

you want to learn three more real world

setups that our traders use including

the simple setup that we teach all of

our new traders and the setup that

turned one of our traders into a seven

figure big money earner check out the

free webinar that we’re currently

running just go ahead and click the link

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won’t lose this video

you can also visit

tradingworkshop.com to register for this

free intensive workshop you’re going to

learn more in a couple of hours from

this trading workshop than from years of

online education now on july 21st the

big picture market fundamentals

were a little bit hazy so i just saw

that vix was down 12.3 percent from the

previous day

and there were surging covet cases

related to the

delta variant which was reigniting fear

and this was that was probably the

biggest one that i saw on that on for

the news for the day

as also treasury yields pacified

investors concerns that a rise in cases

would slow down economic recovery

with the 10-year treasury yield jumping

back to 1.2 percent after hitting a

5-month low of 1.1

there also saw a string of upbeat

earnings from some companies i think

google just had or just reported for the

previous few days yeah this is great and

what i really love what you do here

is you mark

how the vix was on this particular trade

that is something that’s super important

just before i came in here i got an

email from an independent trader who was

saying hey i’m struggling this year

my playbook from last year is not

working as well as it is this year

can you give me some

hands as to what i ought to be looking

at and one of the things that i shot

back to him is

well yeah your playbook is going to be

adjusted for this year

relative to last year

and i’d say one of the most important

variables for that is the vix

volatility

that it is lower now it’s shot up a

little bit here

from

even much lower levels and then is

subsiding a little bit but vix is much

lower this year than it was last year

and you can’t sit there and say i’m

going to trade the same way when vicks

is 15

as you do when vicks is 25.

that makes no sense those are two

different markets you know for a long

time we had vixx even at 12.

there are certain trades that work when

vicks is 12.

okay for years

vixx

had trouble peaking its head above 15

for years and then it did

and even when there was a difference

between vicks being 12

and getting above 15 there was a

different playbook certain trades

started working much better

and now

in this new era where volatility really

picked up you know we’re starting to

look at measures of vix above 15 fixed

above 20 vix above 25

but when you’re doing your playbook and

you’re archiving certain variables in

your playbooks you have to archive what

the vix was on that particular day and

you have to take note and potentially

think about different playbooks for

different vix levels so for a long time

i would

do presentations like this and i’d say

if vix was below 15 around 12 we

wouldn’t play marketplace stocks we

wouldn’t trade the overall market and

then i’d say if it got above 15 we’d

think

about actually making marketplace

looking at spy and volatility and big

caps that move with the market

and then if vix got above 20 then we

certainly probably would be

we certainly would be trading and

looking at making market place trading

the spys trading

volatility products and you know that

was

that was the guidance that we gave guys

for years and then we ran into the last

24 months where volatility is elevated

all right

but

you know my advice to that particular

trader mostly was

you you really need to pay a little bit

more attention to volatility momentum

trades are going to work better when

volatility is higher absolutely

certain fade trades are going to work

better when volatility is higher market

players are going to work better when

volatility is higher

breakout trades are not going to work as

well when volatility is 12.

and so

you know and when volatility is is lower

arvold becomes even more important in

your stock

and so and i see this a lot

this is such an important factor that

you’re putting in there for your

playbook trades

adding the vix as a key variable to your

trade and keeping note of that and

keeping note of your stats

when volatility when vix is 15 or 20 or

for certain trades

and and noting that so

this is a really great addition to a

playbook which you’ve caught right here

okay so here’s the fundamental drivers

for for kosovo it’s their drug

saimufilam i’m sorry if i’m not

pronouncing that right um

some trials claim came out that it was

98 effective across a range of

biomarkers in the treatment of

alzheimer’s

but one of the things that i considered

a con on this is that it’s still in

phase two so what’s driving this price

movement is a lot of enthusiasm and with

that enthusiasm has it comes uncertainty

and so that’s why i think you’re seeing

a lot of the volatility

that has arisen in this in this stock

everything related to this stock has

essentially been

based on this alzheimer drug and so it’s

extremely volatile when i was trading it

that morning

this was the pre-market news that was

released

and it showed that hey they had

completed patient enrollment for two

separate studies in the coming months

and also attached to that was that 98

percent effective

and here i also put some stats about

alzheimer’s

and the biggest another big one on here

is the short floats almost 20 i think

that’s a really big point which you

glossed over alzheimer’s

affects roughly 50 million people

worldwide

what you’ve done here is you’ve asked

yourself

the next question all right so the first

question is hey is this news relevant

and you’re saying yes it is because of

the

efficacy of the study

and then the next question is all right

well they’ve got this great effective

study

well what’s the market

possibility

and what you’re saying here is well it’s

very large

this is a huge market

this is a huge market if somebody were

to actually get this right

it would be

it’d be a trillion dollar plus drug it’d

be a huge drug

huge it would change the company

and so

adding that in there right there is is

well done right there it’s it’s a it’s a

huge opportunity if they get this right

as opposed to look we’ll see other stuff

i’m not necessarily a doctor or anything

but

where the market possibilities are much

lower it’s an effective drug great it

will help some people but not a lot of

people have this particular disease and

it’s not going to really make a lot of

money and that’s not going to be seen as

possible by the market all right good so

you got a high short float as well

that’s 20

which is

when i kind of started looking at

taking a potential long when you have a

short float that high and as we’ll get

into the technicals in a little bit when

you have a short float that high

and you have something positive like

positive catalysts like that it

that’s how i was thinking about taking

it long and we’ll get into the

technicals also sometimes i take the

average analyst price target i know i’ve

seen some traders here say hey analyst

price target came out at 180 but i saw

so many different price ranges that i

just took the average i don’t know what

you think about that but

yeah i think let’s just skip that for

another video the i’ll say one thing

about that which is uh you wanna the

better question is

is there room for people to upgrade

their

price targets and are there people who

haven’t covered the stock who are going

to come in and start to cover it which

will bring a new catalyst to it so once

i analyze the some of the fundamentals i

started looking at a breakout

and these are the variables for the

optimal breakout

you obviously like elevator arvol

volume is the fuel of the fire per se so

i’ll get into why i chose five later but

this this was going to need a lot of

volume to break through some of the

levels that we’ll see

um low volume on pullbacks kind of goes

without saying you don’t want to see a

whole lot of sailing even on pullbacks

i wanted to see a strong move into the

breakout area

news catalyst that checks out critical

levels broken

and it was breaking in the pre-market it

was breaking 90.

i also want to see market in favor and

sector in favor so here’s spy and this

is generally what i look at in terms of

the mar how the overall market’s doing

you can look at queues and whatnot but

this is what i was looking at for this

and the previous two days were pretty

interesting it came down at 420 and

balanced at 425 and then

the previous day it held that 425 and

came up back into the 430s

and close it closed pretty strong and

then futures held up as well

but with this delta variant and a few

other economic indicators

that were going to be released this week

i thought maybe it could usher in some

uncertainty

and i’m just trying to gather a big

picture i’m not actually saying hey

because it’s at 4 30 then self is not

going to break it or break out i just

wanted to

get as much information as i could and

then make an educated decision based on

that and here’s xlv which is the

healthcare sector

and the previous two days were kind of

like spy a little bit but this one

tapped all-time highs and retraced us a

little bit

at near that 130 mark so i thought hey

maybe

maybe another 130 test could be on

horizon and if xlv’s breaking out i mean

salva could break out so i just tried to

maybe connect the dots a little bit and

look

now here is the sava daily

as you can see

when their alzheimer’s drug news was

initially released um on february 1st

this had a pretty high short flow i

don’t remember exactly what it was but

it was i think in the at least 25 30

percent it was really high and as soon

as that news was released this thing

shot up 500 percent and i don’t remember

exactly what the news was that caused

that move down because there’s been so

much news released in this stock

but it made a pretty quick retracement

back and then it’s just been a little

bit consolidating tap 30 and then as

more news has been released about these

trials and the efficacy of that

it started to make some moves up and

what i’m gonna the point i’m gonna make

on this one is that

a week before

i made this trade as you can see

on july 5th and july 2 actually i think

was july 12th some news was released

some negative news was released

about the alzheimer’s drug and it made a

really sharp sharp downturn and then

another news was released and it came

back up so i thought

in terms of this big picture that

on the morning that it opened it was

opening around 95 and it made it it

gapped up a little bit over a 90 and so

i thought if this goes over 100 with

this news with this short float with

everything combined that it could make a

real move back up to maybe even all-time

highs but it just needed the volume and

so that’s kind of what my

my rationale was going into this into

this trade

and here is the multi-time frames i’ll

draw your attention to the hourly chart

60 day as you can see that 90 that 90

mark was key and when it was started to

move up

in pre-market above that 90

the only thing that it didn’t really do

a lot of pre-market volume and salvage

just doesn’t really do a lot of

pre-market volume even when it makes

strong moves so it’s not really

something i could have taken into

account

i would have liked to but

i just kind of had to go with what i was

given and i just really liked that it

was making a move above 90 and into that

95 area

and here are some of the intraday

fundamentals um average volume is

formulating shares which means it’s

liquid

uh arvol

this is this is the one that i was

looking at on other breakout days saying

hey what was arvol like when it broke

out on that what was harvard like when

it broke out on that and it looked like

it was around four to four and a half to

five which is really awesome for this i

thought that that that was key

atr is 7.6 which

the reason one of the reasons i look at

atr well multiple reasons but in this

case it’s just to manage risk and to

know hey if it drops down 7.6 it could

it could make a reversal or you just got

to kind of keep in mind atr when you’re

trading as it’s just a general range

that

just good to keep in the general range

of the stock

short flow we talked about institutional

ownership 80 which is pretty high

actually it’s really high

float market cap and beta

so here is my battle plan going to sava

i generally like to look at gappers that

have gone up five five percent or gap

down five percent for a gap and go

strategy i wanted it to open

with a strong move on high orville

the pre-market volume like we talked

about was

one only 1.5 of its average daily volume

which is pretty low but um that’s just

not a variable that i could have really

taken into account because it doesn’t do

a lot of pre-market volume

i thought the catalyst should see shorts

covering but the most important factor

will be if volume is high enough to

carry saba through the overhead

resistance

one of my worries with this

actually with a lot of stocks especially

volatile ones is if it reaches a

critical level and you take the break

out you just get rug pulled down i mean

multiple points and so that was

that was one of my worries but i thought

if i keep tight stops

the probabilities that they could have

kept going was higher than a potential

rug pull so

i just kept in mind that hey it’s going

to be volatile at some of these critical

points

and just to

size accordingly and if i’d also if i

don’t know if it doesn’t work i’ll know

rather quickly and exit the position

these are my entry rules holding above

v-wep

obviously i wanted to hold above v-wap

it we’ll get into the trend candles that

i use it’s like a variation of high

kenashi

if you’ve ever heard of those or seen

those

tape shows buyers in control i wanted a

strong move though i mean this is the

big one i wanted a strong move i wanted

like a door ramp through it i didn’t

want something less chopping and

grinding into it i just wanted a just a

bulldozer straight through 100

high volume candles and this is kind of

what i was willing to risk if it was low

conviction 10 percent of my daily stop

medium conviction 20 and high conviction

um upwards of 40. probably 30. i like

how you’re making that distinction there

before the trade and

deciding to allocate different risks

based on your conviction level i like

how

you thought through that

these are just a few questions that i

asked myself and some sayings that i

repeat to myself

the only one answered no to this was do

i feel 100 confident with this trade i’m

going to take and so that’s kind of how

i judge my conviction and how much i’m

willing to risk

and the picture on the right is

something i say to myself some mornings

because i think when you repeat

something it helps improve memory and so

i just repeat this aloud to myself

yeah i don’t know if you want to feel

100 confident in the trade well it’s

good ever that’s true

i think you want to be having a

conversation with yourself

before

in the middle

before the trade and and while you’re in

the trade

about

hey here are the reasons why it’s a good

trade here are the reasons why this

trade may not work

i i think for i mean yesterday we had a

big bounce trade in baba and it worked

out and it was looking good

but you want to have a dialogue about

why it may not work out

so i

you know i i and you know

you don’t i think if you

[Music]

feel a hundred percent confident in the

trade you may

not be as open-minded as you need to be

that’s true uh you may not be asking

yourself the questions you need to be

asking yourself about how this trade may

not work

you may not be taking in the information

that

gets you to make a trade decision you

know maybe there’s information coming in

to the trade where you need to take some

off

if you’re just 100 confident you just

sit with it

and that’s not good i mean you should be

confident

that this is a good risk reward trade

that’s how you want to be thinking this

is worth me putting risk on

i should be in this trade it’s worth it

my win rate is

okay

my risk reward is is good

i should i should t if i take this trade

100 times i’m going to do well

but there’s just a lot not in your

control and you’ll accept that

so this is uh something i also do

just visualizing the potential openings

what i want to see versus kind of what i

don’t want to see and obviously number

one is exactly what i wanted to see

i wanted to see it open and possibly a

v-blap retracement entry i didn’t want

to see

[Music]

it open lower than vr it open lower and

then maybe do a v-robot retracement and

kind of grind back up or start to look

heavy v-wap i wanted it to just

open strong maybe pull back the v-wap

and just and show that buyers were in

control and do an immediate bounce from

b web

i just wanted to see real strength

both on the charts and on the date yeah

i would add one more pattern for you to

think about which is

a value buying

support

so value buying comma support

uh or an area where it’s just not

trading below

i think if you really like the idea you

really like the setup i want to add that

pattern there as well like they’re

trying to push it below a certain level

and they can’t

and time is going by and you’re seeing

that accumulation around a certain area

i think that’s that’s worth it i think

that’s particularly true

in stocks that have a high short float

and those can be those can be pretty

good winners because you’re

and i don’t think the stock necessarily

has to be

super strong intraday for it to be

holding up certain areas that you can

trade off of so this is opening bell

xlv kind of sold off a little bit i mean

pretty sharply but it was at all time

highs so i wasn’t too concerned

and volume was was okay it was it’s not

like it was real heavy uh spy on the

other hand it opened pretty strong um i

was comfortable with that

and so i took that into account if spy

had opened real weak i probably would

have been a little bit more apprehensive

about it i put more weight on the market

as opposed to the sector

but obviously i know some people that

put more weight on the sector as opposed

to the market too so

i was comfortable taking the trade

considering that the market was was in

my favor a little bit more

so here’s the trade uh

i first off i’ll point out i use trend

candles so that’s why the candles are

all green they weren’t actually all

green on that day if you were to regular

candlesticks but

just kind of helps me visualize things a

little bit better and then i have color

changing moving averages too so

um but anyways

also pivot points as well those are the

red lines but

this opened very strong and so when i

was when it opened i was thinking okay

we got 100 we got 100 on deck and so

i’ll see what happens at that

but

as soon as it hit 100 there’s a few

things that were going on here it was at

one atr which means i thought it could

reverse here it was also at 100 and so

it’s kind of a little bit of battle in

my mind thinking okay this is a critical

level it’s that one atr

and so i’ll just see how it reacts and

so if it didn’t

if it didn’t have as clean a break of

100 and the bid stepped up and large

aspirants and offers lifted and all

these other things happened i probably

wouldn’t have taken it but this thing

was so strong didn’t even pull back to v

web it didn’t even hesitated a hundred

it just blew right past it and from what

i was saying earlier in

some of the pre-market uh anal or when i

was analyzing at some pre-market

that’s exactly what i wanted to see

maybe maybe a little bit of a pullback

but this was already at i mean i think

it’s a five arvol or four and a half rv

which was absolutely perfect so blew

right past the hundred and i entered

and

uh my my initial profit target was

around one probably at least

108 110 i don’t remember exactly where

our profit target on that was but

usually it’s around maybe the next pivot

point or the the overhead resistance

but i started to take profit when i

thought hey this is this is due for a

pullback it’s pretty extended from view

app it’s at the pivot point um and so i

scaled out a little bit there and

i was kind of awesome honestly i was

thinking maybe if it maybe if we see a b

by retracement could possibly even add

to it but we didn’t and so i thought

this is due for a reversal i didn’t

anticipate it going past the 100

110 and going all the way to 120 but i

held and eventually ended up selling at

once the trend candle started to

started to or once the sentiment started

to change and you see that big

cell sale candle right there

after the rejection from the 120

resistance and the pivot point

um so i scaled out most there

when you entered what was your stop

95 it was low a day

it was also another pivot point right

down there but it was essentially low of

day

i mean i got pretty good rr out of it i

mean it’s one but

yeah i’m not sold on the 100 technical

level

go back to your daily chart so you can

see it it held 100 and then i mean it’s

got a little bit of resistance right

around that 100 area it’s not

necessarily a line in the sand but it’s

just that area right there

yeah i mean it broke down from that

100 area didn’t it

i don’t know if that’s really even 100

where it really breaks down from

look anyway it looks like it could be a

little bit lower than that

but it does start to break that uptrend

near it looks like around

ish and start to go down and has a

pretty big down move

so that area

is going to be resistance

i don’t know that it’s exactly a hundred

i think that’s something to think about

i also do think when it gets back above

90 the momentum is back to the upside

yeah you know when i look at that chart

when i look at that daily chart

the momentum comes out of it around 98

and and trades down and then if it

reclaims 90

the short-term and medium-term momentum

are back to the upside

so i don’t know that i love your 100

level uh from technical analysis

uh and i do think when you think about

the stock i mean this is a momentum

stock overall

momentum stocks trade differently when

they’re in their growth stage than other

stocks it’s super important for you to

understand when the momentum to the

upside is back on

it’s above 90 in this case

and so

the reason i bring that up

is because that gives you

an opportunity to think about entering

before 100. that that gives you an

opportunity for you to be thinking about

some setups for you you know maybe you

want to make an opening drive

trade right when it opens up you know

maybe there are levels you can get in if

you go to the intraday i i see better

executions

on entry for you

i see you know right away on the open as

a potential opportunity

see uh above that

it almost looks like it’s

i can’t read that is it what’s it’s

198.96

yeah i mean i definitely see an

opportunity above 98 to

start there i mean looks like it goes up

to 98 and

stalls and then gets above there

and holds there so

when you go back and you look at these

trades you really have to be careful

about your entries

your stop is pretty wide

i understand the uh atr is big in this

but you’ve got a five dollar stop and

something that

i’m not sure you really

couldn’t have been in earlier for the

same trade

which what’s your feedback there what

are your thoughts no that’s good i

i think in

in my stage of my training i’m a little

bit more hesitant to take the first 15

minutes

and it’s just because i want to see that

at least the trend is forming because

i’ve i feel like i’ve gotten caught in

so many trades where i take it and it

just rips right back down but doesn’t it

get above 100

oh yeah that’s where i took it or well i

think i took it right at 100 when it

broke yeah and what time is a day is

that

uh i think it’s around

9 50 new york central or time but

for eastern time

so you don’t want to take trades in the

first 15 minutes but you’re okay in the

first 20 minutes

yeah i just sometimes i wait for the 15

minute candle to close um it’s not an

exact science i think sometimes i just

feel it out a little bit but maybe maybe

i’m more

maybe i just need to keep stats on that

because maybe i’m more apprehensive in

the first 15 minutes to take breakouts

and maybe i need to work on that

so look if something’s really gonna run

for the day and you you have big players

that are interested in this stock a very

common pattern is the volume comes in

right away

and there’s price movement right away

because they can’t wait they’re scared

to wait the big players are scared to

wait they they want to buy this thing up

150 bucks or 125 bucks

and they want to buy a lot

and so they can’t really risk

waiting in certain particularly momentum

stock and so they’ll show you

their hand

they’re going to tip their hand early

on the open in the first

early okay

and

so so that’s a common

yeah so i don’t know if you needed to

get in at 100

and and the reason why i don’t like you

having to get in above 100

with a stop of five dollars is because

you’re going to judge how much you can

risk by giving it a five dollar stop

and for you to trade this with a little

bit more size

is going to require

potentially giving it a little bit of a

tighter stop okay um

that’s that’s a you know that’s a five

percent

stop that’s a five percent move in a

particular stock from 100 to 95. that’s

that’s a big stop

i i think about that but i like the way

you scaled out of it i think that was

pretty good yeah generally

i just think

to me this trade is to me this trade is

there’s a news catalyst

it’s above it’s above 90.

and i’ve and and the momentum is back to

the upside again and i’ve identified a

stock that can really go up

and i need to figure out how to get into

this thing okay and i don’t want to tell

you exactly how to do that because

there’s a lot of different ways to get

and it’ll make more sense what makes

sense to me may not make sense to you

like i would buy the opening print

that makes sense to me i would watch the

stock it’s not going down and i would

buy it

or i would have bought that in the

pre-market

i think you did a good point you brought

up a good point though is there wasn’t a

lot of volume in the pre-market so that

might have caused me to stop but

i would have bought this right away

and given it a run

that’s that’s how i look at certain

markets and that’s a very legitimate

play i don’t want you to think that is

the way to trade it it is it is the way

that makes sense to me that will work

okay

and i think you’re right i think i’ve

just

at this stage i’m just i’m apprehensive

and so sometimes i

stall too much and i miss the trade so

at this stage i think i’m just

apprehensive about some some entries and

you’re right no and there are other

people that will say i don’t want to

trade in the first half hour it’s i want

more information and those people design

systems

help them then

and so all right they’re gonna have to

wait for the first 30 minutes and

and they’ll

and they’ll do that there um

so think about that i don’t know that

you need to wait to 100

but if you want to sort of wait 30

minutes or something for the open for

the market

after the market opens okay

and we’ll sort of go from there do you

think i’m chasing this entry though yeah

yeah

i do i think i think this is about i

think that you buy this right away okay

i think you had a news i think you like

i said you have the news catalyst it’s

above 90. it’s go time

you don’t want to look at charts on your

daily charts

in such a linear fashion you want to

think about them

Mike Bellafiore Co-Founder, Managing Partner	Steve Spencer Co-Founder, Head Trader
Seth Freudberg Options Desk Manager	Jeff Holden Head of Recruiting
Justin Spero SMB Trader	Garrett Drinon SMB Trader
Ryan Hasson SMB Trader