Master Trader Plan for Week 7-1-19

Last week the markets seemed to be taking an early leave ahead of the July 4th holiday this week. There were many indices and sectors that traded inside the prior week’s range — or what’s called an inside week. Even the ones that were not an inside week (i.e.,...

Master Trader Plan for Week 6-24-19

The long-awaited Fed announcement on Wednesday turned out to be a go-nowhere day, possibly because the markets moved up strongly on Tuesday based on “new positive China news.” Based on the technical price pattern prior to that move, it was signaling a move higher, but...