Nov 14, 2018 – Triple Green

Premarket Insight

Another Fed day with Chair Powell speaking after the closing bell. Additionally, more earnings reports get the spotlight today, such as Macy’s (M) and Cisco (CSCO). So far Nasdaq futures are retracing the selloff that continued through the Asian market hours. Along with Fed news, Economic Outlook has CPI and Crude Oil inventories scheduled for today.

 

Premarket volume check showing moderate strength with CLZ18 well above the 100k of volume mark. CL, GC, and 6E pretty much trading sideways. CL starting to break bullish while Euro Fx slightly trading bearish, showing support in a key zone of 1.12915 and 1.12815.

 

Stay calm, plan the trade, and trade the plan.

 

COB Recap

Finally took some trades. Total profit $100 all in TST.

 

 

 

For real-time insights follow me on Twitter! @Mv3Trader

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”

 

Nov 13, 2018 – Flat Streak

Premarket Insight

So far Nasdaq futures holding strong over yesterday’s low after taking a very brief dip below in the Asian market hours. As of this writing, the bulls are slowly marching higher, so I wouldn’t be surprised to see the low revisited at some point today. Nothing significant scheduled for Economic Outlook today, however earnings reports could make things interesting. Home Depot (HD) in the spotlight today, accompanied by some weed stocks, such as Tilray (TLRY) and Cronos Group (CRON).

 

Premarket volume check showing relatively strong activity with NQZ18, CLZ18, GCZ18, and 6EZ18 all above the 100k mark. After the selloff continuation yesterday, CL so far taking some rest leading up to the bell. GC also trading mostly sideways after a brief European session dip, while 6E begins to climb higher in the premarket.

 

Stay calm, plan the trade, and trade the plan.

 

COB Recap

Another day of no trades in this choppy morning session. (sigh)

 

 

For real-time insights follow me on Twitter! @Mv3Trader

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”

 

Nov 12, 2018 – No Sales

Premarket Insight

Things calm down a bit this week as we wind down earning season. However, there is still plenty activity to cause a stir in the markets. More Fed action with crude inventories on Wednesday and retail sales on Thursday. Stay tuned to the Economic Outlook for times. Also, headlines Alibaba may draw in significant attention from traders from their record day of sales.

 

Premarket volume check shows moderate strength with CLZ18 and 6EZ18 over 100k of volume before 07:00 EST. Crude oil gapped up over the weekend on Saudi news and seeing strong support at 60.56. As of this writing, NQ is retesting its open after retracing the bullish pop in Asian market hours. Looks to be trying to head lower. Key area to watch is Friday’s low of 6989. Euro Fx futures also seeing a bit of selloff while Gold futures trade slightly bearish to neutral.

 

Stay calm, plan the trade, and trade the plan.

 

COB Recap

No trades… again. ?

 

 

For real-time insights follow me on Twitter! @Mv3Trader

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”