by Dan Gibby | May 22, 2022 | Master Trader Advisory Letter Past
Last week’s comments included, “Based on last week’s end-of-week reversal, the markets can move slightly higher within the downtrend. Recently, there hasn’t been any follow-through to the initial strength, but there may be a move a bit...
by Dan Gibby | May 15, 2022 | Master Trader Advisory Letter Past
Last week’s comments included: “Every rally has been met with an overwhelming amount of selling that looks like prices will collapse lower, but they have not. The large open interest bearish bets are still slightly below current prices. If prices...
by Dan Gibby | May 8, 2022 | Master Trader Advisory Letter Past
Last week’s comments included: “The internal sentiment is at a bullish extreme that signaled a market turn over the last few years; however, the sentiment gauge levels of a bull market adjust lower in a bear market — more in the video below. Breadth...
by Dan Gibby | May 1, 2022 | Master Trader Advisory Letter Past
Last week’s comments included, “The day-to-day breadth that I’ll show you in the video below was so bad that the markets would often stabilize or rise. However, when it’s that bad when starting a move lower, it also says that more...
by Dan Gibby | Apr 24, 2022 | Master Trader Advisory Letter Past
Last week’s comments included, “It’s a matter of time when the market goes lower, not if it’s going lower. Of course, like all patterns we trade, there must be a confirmation of breaking either a prior bar’s low or a prior bar’s...
by Dan Gibby | Apr 16, 2022 | Master Trader Advisory Letter Past
Last week’s comments included, “The 440 level in the ETF SPY and the 4400 level in the S&P 500 cash index are critical support levels. Below those, prices have the potential to fall freely lower into the Void below. A close above Thursday’s high gives...
