by Dan Gibby | Oct 23, 2022 | Past Weekly Options Letters
12 for 12 closing GAINS (including breakeven) on last week’s short option/spread income trades, see VIDEO below. In the Green Room on Friday, we said that we were bullish if the SPY could close over Thursday’s Topping Tail. It did. DIA and QQQ did also. IWM didn’t...
by Dan Gibby | Oct 16, 2022 | Chart of the Week Past
The video below teaches how to trade Master Trader’s Bullish 1-2-3 Continuation (+123) Setups with an MTS Price Pattern, entry methodology, and management.Based on the market action last week, there are a plethora of these Setups. The video will scan through...
by Dan Gibby | Oct 16, 2022 | ETF Past Letters
Candidly, we were shocked by the amazing reversal of the bearish gap last Thursday — caused by the 40-year high negative CPI inflation data – as most markets closed with bullish Wide Range Bars (+WRB). The translation of the negative CPI was that more...
by Dan Gibby | Oct 16, 2022 | Master Trader Advisory Letter Past
Some of last week’s comments included, “The weekly bullish reversal bar, formed last week, turned into a Topping Tail and formed a weekly bearish continuation pattern. Let’s hope that Mr. Schizophrenic doesn’t get in the way of...
by Dan Gibby | Oct 16, 2022 | Past Weekly Options Letters
Candidly, we were shocked by the amazing reversal of the bearish gap last Thursday — caused by the 40-year high negative CPI inflation data – as most markets closed with bullish Wide Range Bars (+WRB). The translation of the negative CPI was that more rate hikes...