Timing Stock Market Successfully
  • Home
  • Members
  • Testimonials
  • Subscribe
  • Contact
  • Home
  • Members
  • Testimonials
  • Subscribe
  • Contact

Signals & Trading Plan for Tuesday 8/6/19

8/5/2019

2 Comments

 
Members click here for full article and latest updates.
(It is currently free to join our membership.)

Here is an excerpt from our trading plan.

The currency war 
Today was a hellish day for the bulls.  The headline at WSJ sums up the reason for the panic: “Trade War Becomes Currency War: That was the ugly message Monday in financial markets, which sold off world-wide after China devalued the yuan following Mr. Trump’s threat of 10% tariffs on $300 billion in Chinese goods.”

$VIX $VXN charts today showed that volatility has gone from “rising fear” to “real panic”.  $SPX $NDX $RUT all gapped down at open and sold off hard. Market internals suggest that even if we get a short-term bounce, stocks are still primed for more selling for a while.  

Let’s dig into the details.
...
The rest of this article covers:
Updates from market internals 
Support and resistance levels
How to approach your trades
Register here to read the rest of the article.  All free.
2 Comments
Ben
8/5/2019 11:50:42 pm

Thanks

Reply
Ann
8/6/2019 07:59:16 am

You are welcome, Ben.

Reply



Leave a Reply.

    Archives

    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    March 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019

    Categories

    All

    RSS Feed

Copyright (c) 2019-2022 LOOK Systems LLC
All rights reserved.