The Power of the Snap Pullback
Recently, I posted a tweet about a great example of a snap pullback (formerly known as the "Anti") on the 4H S&P futures. This sparked some interesting questions and discussions…
Join me in a new series of talks on the Art & Science of Trading
Over the next few months, I will be hosting a series of talks in which I will discuss each chapter of my first book, The Art and Science of Technical…
Markets Unlocked 4/3/23: Upside Potential
As we head into the second quarter of the year, markets are showing some resilience. Before we look at major indexes, however, I want to share a few recent blog…
Make the Market Be Your Teacher
“Learn from the market. Let the market be your teacher.” This sounds like the path to true trading wisdom (and it is), but there’s an obvious question: how do we…
When You Meet the Buddha on the Road…
“While you are walking on the road, if you happen to meet the Buddha, you must kill him.” So reads one of the more enigmatic teachings in Zen Buddhism (attributed…
Return to Day Trading—A New Series of Blog Posts
I’ve been doing some exciting and challenging work recently, and want to share some of it with you. A quick biographical sketch, for those of you who don’t know me:…
Markets Unlocked 3/27/23: Dueling timeframes and influences
One of the critical questions traders must answer is how to reconcile conflicting information. If we are seeing markets clearly, there are always factors and arguments to be made for…
Markets unlocked 3/21/23: Watch the Nasdaq
All eyes will be on the FOMC mid-week, and we expect that markets will react, perhaps with extreme volatility, to any comments. This environment should underscore the futility of trading…
Markets unlocked 3/13/23: What happens next?
One of the things that has surprised me over the years (in a good way!) is that macro shocks align with technical, more often than not, when technical patterns are…
Markets unlocked 3/6/23: Strength from the bottom
The last few weeks have seen stocks under moderate pressure. Though bullish patterns have degraded on daily charts, our read of market conditions has been that this has not been…
Markets unlocked 2/27/23: Monitoring weakness
Stocks were once again weak last week. While it's easy to extrapolate whatever the market is doing into infinity, it's important to put the move in context. This, in fact,…
A Big Blog Post: Music, Creativity, Trading, a New Book, and More
It’s been a while since I’ve written here. You’ve probably seen the weekly updates, under the Markets Unlocked tag—these have been useful, high-level summaries of market conditions and things we’re…
Markets unlocked 2/13/23
Last week saw several rounds of strong selling pressure in stock indexes, including a classic downtrend day on Thursday. (See chart below, just for the illustration of a textbook-perfect downtrend!)…
Markets unlocked 2/5/23: Big moves–good setups?
Last week saw some fireworks in stock indexes. Moved mostly by a handful of tech earnings and announcements with a solid dose of FOMC magic, US indexes chiseled out some…
Markets Unlocked 1/25/27: Short term upside?
As we head into the end of January, technical conditions in major stock indexes are showing a lot of strength. We see solid justification for short-term (< 2 week) swing…
Markets Unlocked: Contraction underway 1/23/22
The week ahead will feature some potentially market-moving datapoints. Watch, especially, GDP on Thursday and PCE on Friday. Current technical position The past week saw some of the strongest selling…