Today Adam shows how smart scan and trade triangles can find amazing trades in any market. Pay really close attention to how much information the trade triangles gives you. Just to provide a contrast, I put together a list of indicators and did a full techincal breakdown of this stock below. Take a look at [...]
Today the bulls gave us the perfect opportunity to add to our short position on the SPY. If you haven’t been following this trade, here’s the link to the previous update (The original pick was made on Twitter)
Thank you Marketclub. Check out what the Trade Triangles found for us today: Chart Full Sized Image Resistance / Stops Resistance 1 – $74Resistance 2 – $70Resistance 3 (Target) – $66.50 Stop – $76.27 This trade came up on Marketclub Weekly Trade Triangle Scan. If you’re looking for a simple yet effective way to find [...]
Recap Last Thursday on Twitter, I recommended getting short the SPY. The SPY opened at 79.77, and today, closed at 74.65. That’s a 6.3% gain in 3 days, not too shabby. Although the negativity in the markets is deafening, we are due for a bit of a relief rally somewhere. I wouldn’t be surprised to [...]
Please click on the picture above to play the video The following are references used in the video Japan’s Lost Decade From Doug Casey “Anatomy of Japan’s “Lost Decade” “The similarities between the U.S. now and Japan then derive from the big run-up in debt prior to the onset of economic crisis. Likewise, the reactions [...]
