by Dan Gibby | Nov 19, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "Unless prices move below Friday's low, assume prices will move higher.Sentiment is still closer to a bullish level, and breadth is neutral." Continue...
by Dan Gibby | Nov 12, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "After the extreme one-week advance, the broader markets are at price resistance and will need a rest.I would not be surprised to see the S&P 500 move to or slightly above the 4400 level on Monday to set a short-term...
by Dan Gibby | Nov 5, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "The broader markets must move to levels where buyers will be confident in the intermediate term.Price patterns will emerge in the daily charts at that time, confirming institutional confidence." Continue...
by Dan Gibby | Oct 29, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "Unlike the previous week, the only reasonable argument is prices will move lower.In all time frames, the trend is up for interest rates and bearish for Stocks.The Volatility Index, that stayed under 20 for the last nine...
by Dan Gibby | Oct 22, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "There are reasonable arguments to make for moving higher and lower.Either argument can hinge on what occurs in the Middle East over the weekend and interest rates.However, if interest rates rise and the S&P 500 is below...
by Dan Gibby | Oct 15, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "Friday's reversal suggests prices should move higher.Resistance areas are not far overhead, so the upside will be limited before sellers reemerge.The S&P 500 has an unfilled gap in the area of 4400, which is between the...
