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Indices To Fall into a Triangle Trading Range
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With the rounded lows and the pace picking up on the upside on the daily charts, the odds are now greater that the indices will fall into a triangle trading range on the daily and weekly time frames as opposed to hugging the lows for a continuation breakdown.
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The Odds Czar: Index Futures Biases for May 30
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Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for May 30.
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Odom & Frey Weekly Futures and Options Views
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Weekly market commentary on futures, options and currencies from Matt Odom and Derek Frey for the week of May 29.
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Interview with Stock and Futures Trader Toni Hansen
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Tim Bourquin interviews Toni Hansen, who talks about her methods for spotting trading opportunities, how she trades gap-ups and gap-downs, where she sets her stops, and the timeframes she uses on her charts to set her entry points.
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Avoiding Questionable Trades
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Dr. Adrian Manz writes that when a setup falls outside your normal criteria, the best thing you can do is move on.
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Market Experiences Lighter Volume Correcting Off Low
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Toni Hansen writes that typically the day before a three-day weekend begins with decent patterns in the morning, but volume tends to dry up as the day progresses.
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Learn Money Management for Successful Trading
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Price Headley writes that he sees too many traders putting on positions that are far too large. This tends to lead to emotional selling decisions, as the swings in a large position's value create greater internal reactions with any trader.
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Is the Bull Market over in Gold?
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Gold got clobbered yesterday, down $36 for June contracts. It was one of the largest one-day drops in many years. The metal has lost about $100 from its high.
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The Odds Czar: Index Futures Biases for May 26
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Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for May 26.
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Market Still Tempts Lows, But Selling Pressure Continues to Slow
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Toni Hansen is seeing a lot of support scanning through individual stocks, so we have a decent shot of experiencing more upside on Thursday.
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