Analysis

News for the week… Pending Home Sales to kick off this week’s news announcements should provide a great environment for intraday trading. What we will be watching for this week is a break and close outside of this past week’s consolidation. Here are some things to keep in mind in your trading. – More is better than less – Sooner is better than later – Always take a little bit less sooner When you have a profit, you CANNOT, let…

Expect more participation and an much easier environment for intraday trading beginning this week. So far this year we’ve gone nowhere. Now that we are out of the summer slowdown we are anticipating a trending market. If we break the neckline of the inverted head and shoulders then we would result to new highs, if we sell off at the neckline we will look for new lows on the year. One thing to take note of is the VIX trading…