by Dan Gibby | Jul 16, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "The advancing stocks minus declining stocks push to a negative extreme on Thursday's market decline that historically signals lower prices coming.Based on these facts and Friday's price action, it suggests a further...
by Dan Gibby | Jul 9, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "Historically, markets tend to be bullish around the end of the month and at the beginning of a new month, especially around a holiday.While all the broader market indices reversed the previous week's bearish reversals, the...
by Dan Gibby | Jul 2, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "The majority of S&P sectors moved lower last week. Ideally, the stronger sectors will pull back more toward their larger price support levels.Most sectors negated their respective bullish reversal day to varying...
by Dan Gibby | Jun 25, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "The strongest sectors are up against price resistance, and those strong stocks that have pulled the markets higher are extended by any measure.Multiple indices have formed bullish Wide Range Bars (+WRB) on the daily and...
by Dan Gibby | Jun 18, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "There is a significant Open Interest at the 4300 strikes, which is why the S&P 500 has been stuck there.Prices could rally if prices could stay above 4300 for an hour or so early in the week. Conversely, the closer...
by Dan Gibby | Jun 11, 2023 | Master Trader Advisory Letter Past
Some of last week's comments included, "The expansion in breadth and move-up in the S&P 500, Russell 2000, Transports, and other sectors suggest those markets can move higher.With both internal gauges moving to the initial bearish extreme, however, we still...
