Compound Trading Premarket Trading Plan & Watch List Thursday June 21, 2018. 

In this edition: OPEC, OIL, $YTEN, $DRI, $KR, $SRPT, $MU, $DRI, $KR, $CASI, $TRUP, $VERI, $LITE, $HRTX, $MBRX, $LMNR, $INFN, $GOOGL, $AGN, $FB, $EXP, $LPSN, $SENS, $BOX, $PCRX, GOLD, $GDX, $DXY, $SPY and more.

Welcome to the morning Wall Street trading day session at Compound Trading.

Notices:

Notes in red text below are newer comments recently important.

The rest of the weekly reports go out Thursday evening, a number of swing reports, VIX, DXY and Silver are left for this week.

Sept 14 – 16 Trade Coaching Event. Learn how to trade or take your trading to the next level with our lead trader at our newest trade coaching boot camp to be held in Cabarete Beach, Dominican Republic.

Our Question and Answer Page has been updated for those asking about our services and platform options (with a recent inquiry example) here

How to Swing Trade Like the Pros and Win Most Trades. #swingtrading #freedomtraders

May 29 Memo: Important Changes at Compound Trading – Pricing, Trader Services, Trader Procedure, Invoicing.#IA #AI #Algorithms #Coding

Machine Trading – New Coding Team Mandate: (1) Intelligent Assisted #IA Trading Platform (Code Algorithm Models), (2) Run 24 Hour Crypto Trading Desk, (3) Alert Trade Set-ups to Member Alert Feeds (for all models) and near future (4) Machine Learning. Official announcement to follow.

Main Link and password is emailed to trading room members on a per session basis for daytrading and webinar events (per memorandum May 29, 2018). Applicable members will begin to receive notice as sessions commence.

Premarket report is on a lead trader / trading team availability basis only (the premarket reports are not published every market day).

BE SURE to get in to each private Discord server specific to your subscription (bundle subscription) – many of the updates as we go forward will be posted in there. This includes the SWING TRADING platform also. IF YOU NEED A LINK / INVITE email us.

Real-time Alerts:

Real-time Oil, Swing Trading, Day Trading, Bitcoin are available to subscribers by following specific alert Twitter feeds.

Disclaimer / Disclosure:

Every subscriber must read this disclaimer.

Recent Blog / Video / Social Posts: 

#BitcoinTrading 101: A Beginner’s Guide to Getting Started $BTCUSD $XBTUSD $BTC https://compoundtrading.com/bitcointrading-101-beginners-guide-getting-started-btcusd-xbtusd-btc/ …

How to Use EPIC Oil Algorithm: $USOIL, $WTI, $CL_F, $USO, $UCO, $SCO, $UWT, $DWT, #OIL, #OOTT: http://youtu.be/hawVV31G9bg?a via @YouTube

How to Use ROSIE Gold Algorithm: #GOLD, $GLD, $XAUUSD, $GDX, $GDXJ, $NUGT, $DUST, $JNUG, $JDST

Recent Chart / Trade Set-Ups: 

See You Tube for other recent video posts. Listed from most recent.

Password: IC Protected: How to Trade Allergan (AGN) Stock Move (Exclusive) $AGN #swingtrading #daytrading #chart

FITBIT INC CLASS A (NYSE: FIT). How to Trade FitBit for 40% Gain (Member Exclusive) $FIT #swingtrading #daytrading #chart

Password: TRADEAAPL Protected: Trading Apple’s Stock Move (Member Exclusive) $AAPL #swingtrading

Password: SWINGDXY, Protected: Trading US Dollar Index (Part 2 – Member Exclusive) $DXY $UUP #USD #SwingTrading #Daytrading

Password: swing Protected: Trade Set-Ups w/ Video #EIA, Oil, $TSLA, $NFLX, $ESPR, $PG, $AAPL, $SPY, $CARA, $EGY, $GERN, $BPT more. #swingtrading

CRITICAL Oil Trade. Weekly Timing. EPIC Oil Algorithm Channel $USOIL $WTI $CL_F $USO #OilTrading #EIA

Feature Post with Charting: How to Trade the US Dollar Index Move (Part 1) $DXY $UUP #USD #trading #chart #algorithm https://compoundtrading.com/feature-post-with-charting-how-to-trade-the-us-dollar-index-move-part-1-dxy-uup-usd-trading-chart-algorithm/

Charts, Video and Summary of Swing Trade Set-ups May 21, 2018 $PSTG, $ITCI, $AAPL, $SPY, $NFLX, $PG, $BOXL, $TRXC more.

Feature Post: 12 of Last 13 Oil Chart Time-Cycles Have Trend Reversal. $USOIL $WTI $CL_F $USO $UCO $UWT $DWT #OIL #OOTT

Password: SET Protected: Swing Trade Set-Ups (May 15/16 Member Edition) $WTI, #OIL, $BTC, Bitcoin, $AMBA, $AMD, $BLNK, $ITCI,, $SPY, $DIS, $LAC, $BOX, $AAOI more.

Password: AI Protected: How to Trade Pure Storage Earnings in Six Days (Member Edition) $PSTG

Password ITCI: Protected: Trade Set-Ups (May 14 /15 Member Edition) $BOX, $ITCI, $SPY, $EEM, $PFE, $BTC, Bitcoin, SILVER, $SLV, $ETH, Ethereum, $EOG, $EDIT, $EXP more.

Password: WOW Protected: How to Trade Box Earnings Move (Swing Trade Member Exclusive)

Protected: Trade Set-Ups (May 8 Member Edition) $AAPL, $DIS, $AMD, $ITCI, $AAOI, $SNAP, $FB, $TSLA, $EDIT, $ESPR, $LITE, $LPSN, $SPY.

May 7 – Trade Set-Ups, Consolidated Review $SPY, $AAPL, $TSLA, $SNAP, OIL, $DXY, $VIX, GOLD, $DIS, Silver more.

Trading Set-ups $FB, $AMBA, $SDTY, $TSLA, $GDX, $SLV, $BTC, $JD, $VIX, $LITE, $CELG, $FSLR more.

Do Not Ignore This Trade Set-Up | $AMBA Swing Trade | 40% ROE 3 Mos (Part 1 of 2)

Password: ELON Protected: How to Trade the Tesla Move | Price Targets | Buy Sell Triggers | Time Cycles $TSLA #swingtrading #daytrading

Password: LONG Protected: Overnight Oil Trade | Trading Plan in Detail | EPIC Oil Algorithm $USOIL $WTI $CL_F #OIL $USO #Alerts

Recent Educational Articles / Videos:

I get a lot of Q’s on How to Trade our models, this vid has 5 min explanation at 1:00 min-6:00 min. https://www.youtube.com/watch?v=QrXbE7lojAg&t=3s … – Fib Trendlines, Trading structure/quads, Price targets, Main support resistance (buy sell triggers), Time cycles, Moving averages, Trading trims/adds.

Trading Plan (Buy, Hold, Sell) Watch Lists. Morning Momentum / Gap / News / PR / IPO / SEC Filings / Earnings Stocks on Watch: 

30 Stocks Moving In Thursday’s Pre-Market Session https://benzinga.com/z/11913631 $CASI $SBOT $DRI $MESO $KR $MU $AEZS $NVIV $VERI $AOBC $TRUP $GEVO $CLPS

Market Observation:

As of 8:48 AM: US Dollar $DXY trading 95.12, Oil FX $USOIL ($WTI) trading 64.97, Gold $GLD trading 1265.51, Silver $SLV trading 16.4, $SPY 274.68, Bitcoin $BTC.X $BTCUSD $XBTUSD 6322.50 and $VIX trading 13.3.

Momentum Stocks to Watch: 

On The Fly: Pre-market Movers $MU $DRI $KR $CASI $TRUP $VERI $LITE $HRTX $MBRX $LMNR $INFN http://dlvr.it/QY2sCj

Kroger shares soar 8.7% after earnings beat expectations and tweaks guidance $KR

Olive Garden parent Darden Restaurants’ shares jump 8.3% after earnings beat $DRI

News: 

The odds of OPEC reaching a deal on oil production have increased https://bloom.bg/2MbvQGy

$YTEN Yield10 Researchers Publish Research in Plant Cell Reports Describing the Development of its Camelina Platform as a Model Crop for Novel Yield Trait Discovery

$CASI CASI Pharmaceuticals strategic partnering and contract manufacturing agreement with Yiling Wanzhou International Pharmaceuticals for Entecavir and Cilostazol.

Heron Therapeutics shares surge 33% after positive FDA response to pain treatment

$HMNY Helios and Matheson Analytics Inc. Enters Into Agreement to Issue $164 Million in Convertible Notes

Recent SEC Filings: 

Recent IPO’s:

IPO Outlook For The Week: Pharma, Pharma And More Pharma https://benzinga.com/z/11882630 $EIDX $APTX $AVRO $ECOR $EPRT $IIIV $MGTA $XERS $DDOC

Earnings: 

#earnings for the week

$MU $ORCL $FDX $KR $RHT $SGH $BB $WGO $DRI $KMX $AOBC $LZB $BKS $MEI $SECO $ATU $PDCO $BNED $CMC $SOL $SCS $AMS

Trade Set-up Alerts, Charts & Reports. Recent / Current Holds, Open and Closed Trades:

Please refer to the date on the top of each chart (they are often carried forward).

EAGLE BUILDING MATERIALS (EXP) Trading 111.05 trending toward 117.75 Nov 2, 2018 price target. $EXP #swingtrading

Eagle, chart

May 20 – EAGLE BUILDING MATERIALS (EXP) Trading 111.05 trending toward 117.75 Nov 2, 2018 price target. $EXP #swingtrading

ALPHABET (GOOGL) Swing trade setup has been going well. 1213.50 July 3 price target in play. $GOOGL #swingtrading

$GOOGL, chart

ALPHABET (GOOGL) Swing trade setup has been going well. 1213.50 July 3 price target in play. $GOOGL #swingtrading

LIVEPERSON (LPSN) Our $LPSN swing continues 24 intra – over 23.80 targets 24.60, 25.05, 25.90 main resistance. #swingtrading

LPSN, chart

LIVEPERSON (LPSN) Our $LPSN swing continues 24 intra – over 23.80 targets 24.60, 25.05, 25.90 main resistance. #swingtrading

ALLERGAN (AGN) swing trade continues – trading 176.55, over 174.76 targets 180.28, then 184.62 main resistance Aug 13. $AGN #swingtrading

$AGN, cart

ALLERGAN (AGN) swing trade continues – trading 176.55, over 174.76 targets 180.28, then 184.62 main resistance Aug 13. $AGN #swingtrading

PACIRA (PCRX) swing trade continues trading 39.40 – over 39.65 tragets 40.50 then 41.80 main resistance. $PCRX #swingtrading

$PCRX, chart

PACIRA (PCRX) swing trade continues trading 39.40 – over 39.65 tragets 40.50 then 41.80 main resistance. $PCRX #swingtrading

FACEBOOK (FB) swing trade on schedule and target trading 201.15 – over 201.80 bullish targets 202.41 206.58 main 209.97 June 21 or July 6 $FB #swingtrading

$FB, chart

FACEBOOK (FB) swing trade on schedule and target trading 201.15 – over 201.80 bullish targets 202.41 206.58 main 209.97 June 21 or July 6 $FB #swingtrading

150s to 201s Boom $FB We’re in from the 150 s on that great wash-out snap back swing trade set-up trading 201.74 #swingtrading #snapbacktrade #learntotradefear

$FB, swing trade

150s to 201s Boom $FB We’re in from the 150 s on that great wash-out snap back swing trade set-up trading 201.74 #swingtrading #snapbacktrade #learntotradefear

INTRA CELLULAR (ITCI) Trading at key support (mid quad Fib) watch for directional swing trade to next target $ITCI #swingtrading

$ITCI, chart

INTRA CELLULAR (ITCI) Trading at key support (mid quad Fib) watch for directional swing trade to next target $ITCI #swingtrading

3rd target hit. Trade thesis complete for #EIA. Next levels to follow. Oil Algorithm (EPIC). June 20 1148 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

Oil, trading, targets, algorithm

3rd target hit. Trade thesis complete for #EIA. Next levels to follow. Oil Algorithm (EPIC). June 20 1148 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

1st & 2nd price target areas on trade alert hit early. most trimmed 65.90s. Oil Algorithm (EPIC). June 18 201 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

Oil, trading, Algorithm, alerts, price target

1st & 2nd price target areas on trade alert hit early. most trimmed 65.90s. Oil Algorithm (EPIC). June 18 201 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

SENSEONICS (SENS) swing trade is targeting most bullish apex of quad, trim in to resistance add above. $SENS #swingtrading

$SENS, swing, trade

SENSEONICS (SENS) swing trade is targeting most bullish apex of quad, trim in to resistance add above. $SENS #swingtrading

BOX INC (BOX) Resistance trim in to 28.32 and add above to 30.00 area res. $BOX #Swingtrading

$BOX, Swing trade

BOX INC (BOX) Resistance trim in to 28.32 and add above to 30.00 area res. $BOX #Swingtrading

SP500 (SPY) Chart with trendlines to watch – MACD to likely turn down today. June 18 649 AM $SPY $ES_F $SPXL $SPXS #SPY #Chart

SPY, daily, chart, MACD, trend lines

SP500 (SPY) Chart with trendlines to watch – MACD to likely turn down today. June 18 649 AM $SPY $ES_F $SPXL $SPXS #SPY #Chart

$GDX remains range bound but a tad divergent to bear side. $NUGT $DUST $JDST $JNUG

$GDX, range bound, trade

$GDX remains range bound but a tad divergent to bear side. $NUGT $DUST $JDST $JNUG

Gold failed 200 MA upside resistance test. #GOLD #CHART $GC_F $XAUUSD $GLD

Gold, resistance, test, daily, chart

Gold failed 200 MA upside resistance test. #GOLD #CHART $GC_F $XAUUSD $GLD

Oil Chart (Weekly). Oil trendlines on weekly time-frame. June 18 146 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL

Oil, weekly, trendlines, chart

Oil Chart (Weekly). Oil trendlines on weekly time-frame. June 18 146 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL

Oil Chart (Daily). K.I.S.S. chart MACD still turned down price under 100 MA. June 18 143 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #OOTT

Daily, chart, MACD

Oil Chart (Daily). K.I.S.S. chart MACD still turned down price under 100 MA. June 18 143 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #OOTT

Oil Algorithm Simple Weekly Gen 1 Model. Trade failing 20 MA and Fibonacci support test. June 18 132 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

Oil, algorithm, weekly, model, support

Oil Algorithm Simple Weekly Gen 1 Model. Trade failing 20 MA and Fibonacci support test. June 18 132 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

US Dollar Index (DXY) Shorts MAY get some reprieve soon, but this move is structured – get out of its way until it isn’t. $DXY #algorithm

US Dollar, Algorithm, $DXY

US Dollar Index (DXY) Shorts MAY get some reprieve soon, but this move is structured – get out of its way until it isn’t. $DXY #algorithm

VOLATILITY S&P INDEX (VIX) Time cycle concludes approx July 16, 2018 on large weekly structure. Moves probable in to and out of that timing. $VIX #volatility

$VIX, time cycles, chart

VOLATILITY S&P INDEX (VIX) Time cycle concludes approx July 16, 2018 on large weekly structure. Moves probable in to and out of that timing. $VIX #volatility

Market Outlook, Market News and Social Bits From Around the Internet:

Five Things You Need to Know to Start Your Day
Get caught up on what’s moving markets.

https://www.bloomberg.com/amp/news/articles/2018-06-21/five-things-you-need-to-know-to-start-your-day?__twitter_impression=true

If you are new to our trading service you should review recent blog posts, the Compound Trading YouTube Channel and at minimum our algorithm Twitter feeds because they do tell a story in terms of the market and how the inflections of the market determine our day to day trading. You will notice the algorithmic modelling has been undeniably accurate with many time-frames (intra-day, weeks and months out) so I myself have learned to respect the math (they have taken me from a 60% hit rate to 80%+ all publicly posted live trade alerts).

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks, but I do avoid much of the day trading risk (preferring to daytrade only what is structurally set-up also on the swing trade side and to my advantage in the algorithmic model charting). I often avoid the first 30 minutes (gap and go) and trade momentum stocks or structured (per explanation in previous sentence) stocks later in day after a wash-out looking for a snap-back trade that can possibly also become a strong swing or longer term trade that I can leg in to. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter and Stocktwits if I have time).

Some of my Favorite Intra-day Trading Set-Ups:

(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm Charting Model Set-Ups.

The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.

Morning Stock Watch-Lists for my Favorite Set-Ups:

(1) Pre-Market Gainers Watch-List: $SBOT $CASI $YTEN $HRTX $DRI $PDCO $VYGR $KR $SUPV $HX $YPF $ARGT $LIFE $CTRV $LITE $MU $SFTBY $UGAZ $RYTM $WDC

(2) Pre-market Decliners Watch-List :

(3) Other Watch-List:

(4) Regular Algo Charting Watch-List: Gold $GC_F $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV $SI_F ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWT, $DWT, $USO, $UCO, $CL_F, $UWT, $DWT), Natural Gas $NG_F ($UGAZ, $DGAZ), S & P 500 $SPY $ES_F ($SPXL, $SPXS), US Dollar Index $DXY ($UUP), Volatility $VIX ($TVIX, $UVXY), $BTCUSD Bitcoin.

(5) Recent Upgrades: $CHTR $VZ $TEX $MTW $CX $GLW $LITE $KOF $RIO $DEO $TS $BHF $PYPL $AMC $DK $BDX $SOL

$MU Stifel maintained Micron Technology (MU) coverage with Buy and target $108 Past Target Price: $106

$SRPT Sarepta price target raised to $202 from $120 at Baird

Verizon, Charter Communications stocks gains after Goldman Sachs upgrades to buy

(6) Recent Downgrades: 

$SIRI $DISH $NE $CHGG $ELLI $NUVA $ATU $CBIO $AMCX $TV $PH $KMT $SYNT $INFN $ARRS $MC $VEON $FTI $NE $CHGG $SRC $NKE $SYNA $ALKS

Stay tuned in Stock Chat Room for more pre-market stocks on watch.

Study:

For new readers, a review of our unlocked posts on our blog would help you get in to the story we are following with the securities listed in this newsletter.

Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping and swing trading (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).

http://finviz.com/

https://finance.yahoo.com/screener/predefined/ec5bebb9-b7b2-4474-9e5c-3e258b61cbe6

http://www.highshortinterest.com/

http://www.gurufocus.com/short-stocks.php

http://www.3xetf.com/all/

http://www.etf.com/channels/gold-etfs

GL!

Curtis

Algorithm Twitter feeds can be found here: $BTC (@CryptotheAlgo) $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). Our Swing Trading Twitter feed is found here: https://twitter.com/swingtrading_ct. Our lead trader Twitter feed is here @curtmelonopoly

Article Topics: Premarket, Watchlist, Stocks, Trading, Plan, OPEC, OIL, $YTEN, $DRI, $KR, $SRPT, $MU, $DRI, $KR, $CASI, $TRUP, $VERI, $LITE, $HRTX, $MBRX, $LMNR, $INFN


Compound Trading Trading Plan and Watch List Tuesday May 22, 2018. 

In this edition: $NFLX, $AAPL, $SPY, OIL, $SNES $CHEK $PLAB $ENT, $KSS, $AAP, $AZO, $GM, $F, $FCAU, $MU and more.

Welcome to the morning Wall Street trading day session at Compound Trading!

Notices:

Quick Update: Reporting, Live Rooms, New Team Members, Pricing, Discounts, Trade Coaching, New Book https://compoundtrading.com/quick-update-reporting-live-rooms-new-team-members-pricing-discounts-trade-coaching-new-book/

What’s New at Compound Trading April / May 2018. https://compoundtrading.com/whats-new-at-compound-trading-april-may-2018/

Price Increase: Platform wide price increase May 15, 2018. Does not affect existing members. Official announcement to follow.

Machine Trading: May 15, 2018 the new teams start. Mandate: (1) Intelligent Assisted #IA Trading Platform (Code Algorithm Models), (2) Run 24 Hour Crypto Trading Desk, (3) Alert Trade Set-ups to Member Alert Feeds (for all models) and near future (4) Machine Learning. Official announcement to follow.

Notes in red text below are new comments entered specifically today (or recently important).

Live Trading Room Link:

http://compoundtrading1.clickmeeting.com/livetrading

Real-time Alerts for Oil, Gold, Swing Trading, Day Trading, Bitcoin are available by following specific alert Twitter feeds.

Disclaimer / disclosure: Every subscriber must read this disclaimer.

Reporting and Next Gen Algorithms:

BE SURE to get in to each private Discord server specific to your subscription as many of the updates as we go forward will be posted in there. This includes the SWING TRADING platform also.

IF YOU NEED A LINK / INVITE email or DM us!

Connect with us on Discord.

Recent Blog / Video / Social Posts: 

#BitcoinTrading 101: A Beginner’s Guide to Getting Started $BTCUSD $XBTUSD $BTC https://compoundtrading.com/bitcointrading-101-beginners-guide-getting-started-btcusd-xbtusd-btc/ …

How to Use EPIC Oil Algorithm: $USOIL, $WTI, $CL_F, $USO, $UCO, $SCO, $UWT, $DWT, #OIL, #OOTT: http://youtu.be/hawVV31G9bg?a via @YouTube

How to Use ROSIE Gold Algorithm: #GOLD, $GLD, $XAUUSD, $GDX, $GDXJ, $NUGT, $DUST, $JNUG, $JDST

Recent Chart / Trade Set-Ups: 

See You Tube for other recent video posts. 

Feature Post with Charting: How to Trade the US Dollar Index Move (Part 1) $DXY $UUP #USD #trading #chart #algorithm https://compoundtrading.com/feature-post-with-charting-how-to-trade-the-us-dollar-index-move-part-1-dxy-uup-usd-trading-chart-algorithm/

Charts, Video and Summary of Swing Trade Set-ups May 21, 2018 $PSTG, $ITCI, $AAPL, $SPY, $NFLX, $PG, $BOXL, $TRXC more.

Feature Post: 12 of Last 13 Oil Chart Time-Cycles Have Trend Reversal. $USOIL $WTI $CL_F $USO $UCO $UWT $DWT #OIL #OOTT

Password: SET Protected: Swing Trade Set-Ups (May 15/16 Member Edition) $WTI, #OIL, $BTC, Bitcoin, $AMBA, $AMD, $BLNK, $ITCI,, $SPY, $DIS, $LAC, $BOX, $AAOI more.

Password: AI Protected: How to Trade Pure Storage Earnings in Six Days (Member Edition) $PSTG

Password ITCI: Protected: Trade Set-Ups (May 14 /15 Member Edition) $BOX, $ITCI, $SPY, $EEM, $PFE, $BTC, Bitcoin, SILVER, $SLV, $ETH, Ethereum, $EOG, $EDIT, $EXP more.

Password: WOW Protected: How to Trade Box Earnings Move (Swing Trade Member Exclusive)

Protected: Trade Set-Ups (May 8 Member Edition) $AAPL, $DIS, $AMD, $ITCI, $AAOI, $SNAP, $FB, $TSLA, $EDIT, $ESPR, $LITE, $LPSN, $SPY.

May 7 – Trade Set-Ups, Consolidated Review $SPY, $AAPL, $TSLA, $SNAP, OIL, $DXY, $VIX, GOLD, $DIS, Silver more.

Trading Set-ups $FB, $AMBA, $SDTY, $TSLA, $GDX, $SLV, $BTC, $JD, $VIX, $LITE, $CELG, $FSLR more.

Do Not Ignore This Trade Set-Up | $AMBA Swing Trade | 40% ROE 3 Mos (Part 1 of 2)

Password: ELON Protected: How to Trade the Tesla Move | Price Targets | Buy Sell Triggers | Time Cycles $TSLA #swingtrading #daytrading

Password: LONG Protected: Overnight Oil Trade | Trading Plan in Detail | EPIC Oil Algorithm $USOIL $WTI $CL_F #OIL $USO #Alerts

Trade Set-ups $SPY, $NFLX, OIL, $WTI, $ESPR, $GOOGL, Bitcoin, $BTC, $FEYE, $AAPL and more.

Trading Set-Ups $SPY, Gold, $GC_F, $GDX, Bitcoin, $GOOGL, $EVLV, $HEAR, $CHEK, $MARA, $PRTA, $ZDGE

Trading Set-Ups $NETE, $TSG, $ETH Ethereum, $BTC Bitcoin, $TAN, $HEAR, $AMMJ, $SNAP, $VLRX

Trade Set-Ups OIL, $WTI, $SPY, $GOOGL, $FSLR, $AXP, $GREK, $CELG, $AAOI, $SDRL, $WFT

Great Trading Last Few Wks – Lets Keep Going! $RIG, #OIL, $SPY, $ETH, $BTC, $FB, $GOOGL, $BWA, $GDX more.

Recent Educational Articles / Videos:

I get a lot of Q’s on How to Trade our models, this vid has 5 min explanation at 1:00 min-6:00 min. https://www.youtube.com/watch?v=QrXbE7lojAg&t=3s … – Fib Trendlines, Trading structure/quads, Price targets, Main support resistance (buy sell triggers), Time cycles, Moving averages, Trading trims/adds.

Trading Plan (Buy, Hold, Sell) Watch Lists. Morning Momentum / Gap / News / PR / IPO / SEC Filings / Earnings Stocks on Watch: 

Stocks making the biggest moves premarket: KSS, AAP, AZO, GM, F, FCAU, MU & more

https://www.cnbc.com/2018/05/22/stocks-making-the-biggest-moves-premarket-kss-aap-azo-gm-f-fcau-mu-more.html

Micron spikes after $10 billion buyback plan caps bullish Q3 earnings forecast
https://www.thestreet.com/markets/micron-spikes-after-10-billion-buyback-plan-caps-bullish-q3-earnings-forecast-14596880

25 Stocks Moving In Tuesday’s Pre-Market Session https://benzinga.com/z/11755265 $CHEK $MU $CYRN $KSS $PACB $ACIA $LBY $DY $PSTG $AAP $SAIL

https://www.benzinga.com/news/18/05/11755265/25-stocks-moving-in-tuesdays-pre-market-session

Market Observation:

As of 8:35 AM: US Dollar $DXY trading 93.539, Oil FX $USOIL ($WTI) trading 72.58, Gold $GLD trading 1295.87, Silver $SLV trading 16.66, $SPY 273.85, Bitcoin $BTC.X $BTCUSD $XBTUSD 8182.00 and $VIX trading 13.0.

Momentum Stocks to Watch: $SGOC $SNES $CHEK $PLAB $ENT

News: 

$ALRN $CHEK $CNET $IMTE $PRPO $RDVT

#Crude rises as #Venezuela #sanctions stoke crude supply risk concern. Read more: http://www.worldoil.com/news/2018/5/22/crude-rises-as-venezuela-sanctions-stoke-crude-supply-risk-concern

China and U.S. reportedly agree the outline of a plan to settle ZTE’s ban on buying American technology https://bloom.bg/2KMDarh

$RTTR to Present Two Posters at Digestive Disease Week 2018 Highlighting Treatment Data of RP-G28 for Lactose Intolerance

Lowe’s shares climb nearly 2% after announcement that it is hiring the JC Penney CEO Marvin Ellison http://cnb.cx/2rZTePK

Recent SEC Filings: 

Recent IPO’s:

Earnings: 

#earnings for the week

$LOW $TGT $BBY $KSS $AZO $NTNX $TJX $SPLK $TOLL $QD PSTG $DPW $NTAP $HPE $MNRO $FL $AAP $MDT $TIF $INTU $LB $ADSK $MCK $IGT $URBN $CBRL $RL $TD $CTRP $VEEV $ROST $RY $NDSN $WUBA $LX $HRL $PLAB $GPS $EV $DY $DXC $GSM $TTC $RDCM

http://eps.sh/cal

Trade Set-up Alerts, Charts & Reports. Recent / Current Holds, Open and Closed Trades:

$ITCI Over 22.63 targets 23.77 and 24.62-66 main resistance on chart. #swingtrading

$ITCI Over 22.63 targets 23.77 and 24.62-66 main resistance on chart. #swingtrading

$PG Wash-out snap-back trade set-up 50 MA on daily resistance. On watch for continued trade.

$PG Wash-out snap-back trade set-up 50 MA on daily resistance. On watch for continued trade.

$NFLX Momentum today trading 331.17 intra resistance support 328.50 triggers in to 337.80 – .83

$NFLX Momentum today trading 331.17 intra resistance support 328.50 triggers in to 337.80 – .83

PSTG earnings play 24.20 targets 25.12 and support areas noted in bearish scenario

PSTG earnings play 24.20 targets 25.12 and support areas noted in bearish scenario

$SPY – 273.30 resistance, 273.60, 274.51, 276.04, 276.30, 278.43 – .50 May 30 main resistance price target.

$SPY – 273.30 resistance, 273.60, 274.51, 276.04, 276.30, 278.43 – .50 May 30 main resistance price target.

$AAPL – 188.62 main pivot buy sell trigger, trading 188.86 intra, 191.41 194.82 200.60 main resistance

$AAPL, swingtrading, chart

$AAPL – 188.62 main pivot buy sell trigger, trading 188.86 intra, 191.41 194.82 200.60 main resistance

US Dollar Index Daily Chart MACD flat, price above main pivot (red line) over 200 MA. $DXY $UUP

USD, Dollar, $DXY, Daily, Chart

US Dollar Index Daily Chart MACD flat, price above main pivot (red line) over 200 MA. $DXY $UUP

US Dollar Index Daily Chart MACD flat, price above main pivot (red line) over 200 MA. $DXY $UUP

Oil Monthly. Above important chart pivot nearing 100 MA. Use caution long in to 100 MA resistance. $USOIL $WTI $USO #OIL

Oil Monthly. Above important chart pivot nearing 100 MA. Use caution long in to 100 MA resistance. $USOIL $WTI $USO #OIL

Nice clean weekend trade. White arrow – alert. Green arrow – buy trigger. Red arrow – resistance per alert. Red circles – price targets. $BTC $XTUSD #Bitcoin #Cryptotrading

Nice clean weekend trade. White arrow – alert. Green arrow – buy trigger. Red arrow – resistance per alert. Red circles – price targets. $BTC $XTUSD #Bitcoin #Cryptotrading

Dating back to 2002, 12 of 13 major time cycles on weekly oil chart have seen trend reversal to some extent or another (detailed post on deck to blog) #OILChart

Dating back to 2002, 12 of 13 major time cycles on weekly oil chart have seen trend reversal to some extent or another (detailed post on deck to blog) #OILChart

$BOX testing upside buy sell trigger in 28.34 area. Trim in to and add above. #swingtrading

$BOX testing upside buy sell trigger in 28.34 area. Trim in to and add above. #swingtrading

$FB has now retraced to near mid quad support price target 181.72 for May 18. New price targets for June 4 time cycle on chart.

$FB has now retraced to near mid quad support price target 181.72 for May 18. New price targets for June 4 time cycle on chart.

Since the May 11 article we have successfully traded the wash-out snap-back swing trade in $FB. First part of the move here.

Since the May 11 article we have successfully traded the wash-out snap-back swing trade in $FB. First part of the move here.

$AMD triggering long side add over 12.80 targeting 13.47 13.60 with significant resistance 14.62 #swingtrading

$AMD triggering long side add over 12.80 targeting 13.47 13.60 with significant resistance 14.62 #swingtrading

Disney over 200 MA over 103.76 resistance trading 103.96 targets 105.28 next resistance #swingtrading $DIS

Disney over 200 MA over 103.76 resistance trading 103.96 targets 105.28 next resistance #swingtrading $DIS

Intra Cellular over 21.24 resistance trading 21.36 next target 22.28 and main price target resistance 23.80. #swingtrading

Intra Cellular over 21.24 resistance trading 21.36 next target 22.28 and main price target resistance 23.80. #swingtrading

Intra day chart model update for $BOX swing trade #swingtrading #daytrading

Intra day chart model update for $BOX swing trade #swingtrading #daytrading

$AMBA over 51.60 mid quad res over 200 MA trading 52.19 HOD targeting 54.25 54.75 58.66 #swingtrading

$AMBA over 51.60 mid quad res over 200 MA trading 52.19 HOD targeting 54.25 54.75 58.66 #swingtrading

$AAOI hit HOD 33.12 at resistance above targets 37.27 38.69 40.11 200 MA 49.56 July 4 unlikely #swingtrading

$AAOI hit HOD 33.12 at resistance above targets 37.27 38.69 40.11 200 MA 49.56 July 4 unlikely #swingtrading

$LAC Lithium trading 6.30 power bounce off mid quad 5.40 targeting 6.43 6.54 200 MA res, Jan 1 price targets 7.81 12.60

$LAC Lithium trading 6.30 power bounce off mid quad 5.40 targeting 6.43 6.54 200 MA res, Jan 1 price targets 7.81 12.60

$MXIM over 20 MA on weekly is a long to 61.38 area. Pivots noted on chart.

$MXIM over 20 MA on weekly is a long to 61.38 area. Pivots noted on chart.

Path of least resistance of US Dollar weekly chart 200 MA 94.80 area $DXY

Path of least resistance of US Dollar weekly chart 200 MA 94.80 area $DXY

CITI bought conistently at historical support noted previous. MACD trend up. Resistance above. Riding 200 MA. $C

CITI bought conistently at historical support noted previous. MACD trend up. Resistance above. Riding 200 MA. $C

Swing trade $EXP excellent swing trade over buy side 106.10 trim in to 112.28 resistance, next 177.70 major res.

Swing trade $EXP excellent swing trade over buy side 106.10 trim in to 112.28 resistance, next 177.70 major res.

$EDIT flying here hit 37.20 trim in to 37.60 add above – it’s a power move and thats mid quad resistance

$EDIT flying here hit 37.20 trim in to 37.60 add above – it’s a power move and thats mid quad resistance

$HTZ trading 17.89 premarket – trim in to 50 MA on hourly add above.

$HTZ trading 17.89 premarket – trim in to 50 MA on hourly add above.

Gold. Monthly. $XAUUSD $GC_F $GLD $NUGT $DUST $JDST $JNUG #Gold

Gold. Monthly. $XAUUSD $GC_F $GLD $NUGT $DUST $JDST $JNUG #Gold

Simple symmetrical time cycle on weekly, Volatility reversal leading in to July 23 ish probable. $VIX $UVXY $TVIX

Simple symmetrical time cycle on weekly, Volatility reversal leading in to July 23 ish probable. $VIX $UVXY $TVIX

$VIX under moving averages on Daily Chart and under lower bollinger. Long bias RR setting in.

$VIX under moving averages on Daily Chart and under lower bollinger. Long bias RR setting in.

Doesn’t really matter how you draw the lines – there’s a decision coming on Silver Weekly Chart. #Silver $SLV $USLV $DSLV

Doesn’t really matter how you draw the lines – there’s a decision coming on Silver Weekly Chart. #Silver $SLV $USLV $DSLV

Massive time cycle comes due late July on Gold Daily. Structure in place still. May 14 218 AM #Gold $GLD $GC_F $XAUUSD $NUGT $DUST

Massive time cycle comes due late July on Gold Daily. Structure in place still. May 14 218 AM #Gold $GLD $GC_F $XAUUSD $NUGT $DUST

With earnings on deck this week watch this one close. 118.00 upside 93.00 downside. Good range. $EXP

With earnings on deck this week watch this one close. 118.00 upside 93.00 downside. Good range. $EXP

$CALA targeting 3.00 range July 6. Trending down quad wall near perfect. Watch for bounce. #swingtrading

$CALA targeting 3.00 range July 6. Trending down quad wall near perfect. Watch for bounce. #swingtrading

Market Outlook, Market News and Social Bits From Around the Internet:

#5things
-China cuts car tariffs
-Korea, Nafta talks
-Italy PM, Brexit negotiations
-Markets quiet
-Zuckerberg in Brussels.
https://www.bloomberg.com/news/articles/2018-05-22/five-things-you-need-to-know-to-start-your-day

Economic Data Scheduled For Tuesday

If you are new to our trading service you should review recent blog posts, the Compound Trading YouTube Channel and at minimum our algorithm Twitter feeds because they do tell a story in terms of the market and how the inflections of the market determine our day to day trading. You will notice the algorithmic modelling has been undeniably accurate with many time-frames (intra-day, weeks and months out) so I myself have learned to respect their math (they have taken me from a 60% hit rate to 80%+ in my trading – all publicly posted live trades).

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks, but I do avoid much of the day trading risk (preferring to daytrade only what is structurally set-up also on the swing trade side and to my advantage in the algorithmic model charting). I often avoid the first 30 minutes (gap and go) and trade momentum stocks or structured (per explanation in previous sentence) stocks later in day after a wash-out looking for a snap-back trade that can possibly also become a strong swing or longer term trade that I can leg in to. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter and Stocktwits if I have time).

Some of my Favorite Intra-day Trading Set-Ups:

(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm Charting Model Set-Ups.

The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.

Morning Stock Watch-Lists for my Favorite Set-Ups:

(1) Pre-Market Gainers Watch-List: $SGOC $CHEK $PLAB $SNES $TGA $MU $IMTE $KSS $BRZU $DNR $ACIA $CNET $AVEO $CHK $MFGP $GOGL $AAP

(2) Pre-market Decliners Watch-List :

(3) Other Watch-List:

(4) Regular Algo Charting Watch-List: Gold $GC_F $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV $SI_F ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWT, $DWT, $USO, $UCO, $CL_F, $UWT, $DWT), Natural Gas $NG_F ($UGAZ, $DGAZ), S & P 500 $SPY $ES_F ($SPXL, $SPXS), US Dollar Index $DXY ($UUP), Volatility $VIX ($TVIX, $UVXY), $BTCUSD Bitcoin.

(5) Recent Upgrades: 

$MU Stifel Nicolaus Maintains Buy on Micron Technology, Raises Price Target to $106

(6) Recent Downgrades: 

Stay tuned in Stock Chat Room for more pre-market stocks on watch.

Study:

For new readers, a review of our unlocked posts on our blog would help you get in to the story we are following with the securities listed in this newsletter.

Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping and swing trading (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).

http://finviz.com/

https://finance.yahoo.com/screener/predefined/ec5bebb9-b7b2-4474-9e5c-3e258b61cbe6

http://www.highshortinterest.com/

http://www.gurufocus.com/short-stocks.php

http://www.3xetf.com/all/

http://www.etf.com/channels/gold-etfs

GL!

Curtis

Algorithm Twitter feeds can be found here: $BTC (@CryptotheAlgo) $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). Our Swing Trading Twitter feed is found here: https://twitter.com/swingtrading_ct.  Our lead trader Twitter feed is here @curtmelonopoly

Article Topics: Premarket, Watchlist, Stocks, Trading, Plan, $NFLX, $AAPL, $SPY, OIL, $SNES $CHEK $PLAB $ENT, $KSS, $AAP, $AZO, $GM, $F, $FCAU, $MU


My Stock Trading Plan for Thursday Dec 22, 2016 in Chat room. $GSAT $XOMA $ANY $MU $RGSE $RENN $HTBX $DGAZ $TWLO $SCMP $DWT $UWT, $USOIL, $WTI, $GOLD, $GLD, $GDX, $USD/JPY, $SPY, $SILVER, $SLV, $SI_F, $VIX, $UVXY $TVIX $NG_F… more.

Welcome to the morning Wall Street trading day session!

Important Notices:

If you are not reviewing the post market trade reports along with this please do so. We assume our trading room subscribers do review it everyday and as such there will be information often in that report that is applicable and not in this premarket report. You will find the post market reports on our blog daily before this one is published.

REPORTING: Another quickie guys and gals! 

Current Holds:

$CBMX, $JUNO – New swing $DUST

$DUST

$DUST Stock Chart

Market Outlook:

I AM STALKING COPPER LONG AND OIL LONG AT SUPPORT.

As mentioned above; all algos (Oil, SPY, Gold, Silver, Dollar, VIX) have hit their targets now so we are running calculation targets for all six algos for all time charting time-frames and expect these reports to start rolling out VERY SOON.

Morning Momo / News Bits:

Momentum stocks:  $GSAT 32%, $XOMA 16%, $ANY 13%, $MU 11%, $RGSE

Futures little changed ahead of economic data.

Insider Purchases $MCC $HOTR $REXR $GROW $VIRT $MNGA $MD $ARCC $CCP $GTE $LMRK $GLYC $IMMY $XBKS $LPTH $ASRV $CDZI $TICC $REED $IO

$CATB HC Wainwright initiates Overweight $14 pt

$FIT Citigroup analyst Kovler lowered his price target to $8

$EYES UK Government Announces Funding for Second Sight’s Argus II “Bionic Eye” http://www.businesswire.com/news/home/20161222005013/en/UK-Government-Announces-Funding-Sight%E2%80%99s-Argus-II …

If you are new to our trading service you should review recent blog posts and at minimum of our algorithm Twitter feeds because they do tell a story in terms of the market and how the inflections of the market determine our day to day trading. And you will notice quickly that the algos have been undeniably accurate on many time-frames (intra-day and months out) so I myself have learned to respect their math (they have taken me from a 60% hit rate to 80% in my trading – all publicly posted live trades). A quick hour of review at most will bring you up to date.

The algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks (at times), but I do avoid risk – so often I avoid the first 30 minutes (gap and go) and trade momentum stocks later in the day after the wash-out looking for a snap-back. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter ans Stocktwits if I have time).

Some of my Favorite Set-Ups:

(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm Set-Ups.

The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.

Morning Stock Watch-Lists for my Favorite Set-Ups:

(1) Pre-Market Gainers Watch-List: Gainers: $GSAT 32%, $XOMA 16%, $ANY 13%, $MU 11%, $RGSE 8%, $RENN $HTBX $DGAZ $TWLO $SCMP $DWT $TKC $YNDX $TVIX $SCO $UVXY I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List: I will update before market open or refer to chat room notices.

(3) Other Watch-List: $AKAO (momentum play last week), $AGIO (recent wash-out), $SGY (recent swing), $CBMX (current swing), $JUNO (current swing), $ANF (previous wash-out on news), $SKLN (previous wash-out on news), $URBN (previous wash-out on news).

(4) Regular Algo Charting Watch-List: Gold $GC_F $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV $SI_F ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F, $UWT, $DWT), Natural Gas $NG_F ($UGAZ, $DGAZ), S & P 500 $SPY $ES_F ($SPXL, $SPXS), US Dollar Index $DXY ($UUP), Volatility $VIX ($TVIX, $UVXY, $XIV)

(5) Upgrades: I will update before market open of refer to chat room notices.

(6) Downgrades: I will update before market open or refer to chat room notices.

Stay tuned in Stock Chat Room for more pre-market stocks on watch.

Regular Trades:

S & P 500: $SPY $ES_F ($SPXL, $SPXS)

NA – Getting some action though.

As I wrote last week:

I wrote about resistance the algo alerted at 277.80. This is still in play FYI. However, the Fed will determine now naturally whether we trend up or down from where we are. My bias is up until new year BUT I WOULD BE READY because money could get caught offside. Who knows?

As pre previous and our algorithm call before election…. My bias is still to new highs but I am looking at a pull-back Christmas / Early 2017.

As above in my intro and previous, the chart ain’t broke till its broke. When its broke we’ll let you know.

My Trading Plan: Right now I am trading $XIV instead of $SPXL or $SPXS. I do this because we are in a trend of crushed volatility. Now, when that changes and volatility starts to rise again (even if $SPY is rising at the same time) then I’ll flip over to trading $SPXL and $SPXS instead of $XIV.

Volatility: $VIX ($TVIX, $UVXY, $XIV)

NA

Outlook:

As I wrote this and last week:

Looking for possible record lows before Christmas.

As above, I am thinking opportunity comes between Christmas and Trump, and by the way, when $VIX spikes the easiest play is short short short. FYI.

CNN Fear and Greed Index: http://money.cnn.com/data/fear-and-greed/

My Trading Plan for Volatility: I will likely follow that trend with $TVIX $UVXY $XIV buys at range pivots / pending price action, volume and other geo events. SHORT $VIX SPIKES!

Currencies and Other Global Markets: $DXY US Dollar Index ($UUP US Dollar Bull, $UDN British Pound, $USD/JPY, $FXY Japanese Yen Trust, $CNY China, $TZA, $SMK / $EWW Mexico Capped ETF)

NA

Per previous:

USDJPY is getting close to symmetry on the chart from the last run up about two years ago – charting on deck in coming reports!!!

Per previous:

BE VERY CAREFUL LISTENING TO THE $USD/JPY bears – they have been feeding misery to followers for many weeks – the chart is not broke – price is currently at support and there could easily be another leg up – nobody knows but the trend is your friend!

THIS IS STILL SUPER BULLISH!!!

My Trading Plan for Currencies / Global Markets: Waiting, waiting, waiting. $USDJPY CHART IS NOT BROKEN! IT IS A BULL UNTIL IT IS NOT…

Gold: $GLD ($UGLD, $DGLD). Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG)

NA – I took a short term $DUST swing yesterday (small position)

Per recent posts:

Rosie the Gold Algo target call HIT!

My Trading Plan for Gold: Short term there could be a pretty good pop around the Fed, but I don’t expect it would last. It could pop to the top of the algo quadrant but I don’t think it would run past – NOT YET ANYWAY. So who know’s I may play a short term scenario – Fed / market reaction dependent.

I am waiting for the trend reversal. We are very close to the price target at the bottom of that quadrant at 1133.00 ish. The initial wide frame target Rosie the algo nailed but there has been a wait and see for a reversal because of one more possible leg down. Getting very close IMO.

I haven’t started to take trades yet because I am waiting for “price – trigger – trade” set-ups. I will start chewing around the edges of stocks like $NUGT and $GLD likely. The idea is to get on the right side of the trade and trend.

WE SHOULD BE ALMOST THERE! GET READY! LIKELY BETWEEN CHRISTMAS AND TRUMP POWER TRANSFER! CHARTS COMING!

Other equities I like for Gold Trade: $AUMN (penny stock). When the trend reversal confirms I will post all the Gold equity picks here.

Silver $SI_F: $SLV ($USLV, $DSLV)

NA

Per previous;

Yesterday Silver tanked real hard! Good thing we’ve been sitting on our hands awaiting inflection point here.

Same as Gold – we’re waiting for a decision from market so we can get algo targets.

My Plan for Trading Silver: same

Same as Gold, I’m waiting for the “price – trigger – trade” set-ups… I am going to start chewing around the edges of stocks when set-up confirms like $USLV and $SLV attempting to get on right side of trend trade.

Other equities I like for Silver trade: $AUMN (penny stock). Same here, when trend reversal occurs I will post equity picks here.

Crude Oil FX : $USOIL $WTI ($UWTI, $DWTI, $GUSH, $ERX, $DRIP, $ERY, $USO, $UCO, $SCO, $UWT, $DWT, $CL_F)

Please review EPIC’s twitter feed from last evening.

Outlook:

Last week Tuesday algo target at 4:30 hit and Wednesday 10:30 AM both targets hit to the cent and second and Friday Algo target was a near miss and this week Tuesday 4:30 hit and Wednesday just in to target but not a perfect hit (very tradeable though). Friday targets on charting BUT BE CAUTIOUS WITH FRIDAY TARGETS.

Trading Plan: WE ARE RIGHT NEAR SUPPORT AT TIME OF WRITING! 51.93 is the support test and I will take a long position there and see if we get the turn. It is at 52.23 $USOIL at time of writing.

Other Equities I like for Oil or Energy Trade: Tape / Chart – $ETE, $RIG. High Short Interest – $CRC, $EPE, $WLL, $RES, $JONE, $AREX, $REN, $CLR, $HP, $ATW, $SGY. Fundamentals: $EOG, Pipelines – $XLE: $HEP, $SXE, $KMI, $DPM, $TGS, $ENB, $EEP, $PTRC, $HGT

Natural Gas $NG_F $NATGAS ($UGAZ, $DGAZ):

NA

Per last week:

Hit resistance as I thought and alerted.

Natural Gas hit heavy resistance, came off, now at a Fibonacci support. $NG_F $UGAZ $DGAZ

ON WATCH!!! This could get a considerable pop in to late Wednesday and even as far as in to late Monday next week is possible!!!

Natural gas lost that Fib support yesterday so now I am watching lower supports. I still think there is a possibility for a pop just after Fed speak!

ON CLOSE WATCH!

Study:

Now that a number of blog posts are being unlocked, it wouldn’t be a bad idea for traders to review them (especially new traders).

If you are trading relying on our charting or algorithms as trade indicators you should read this recent article,

Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).

http://finviz.com/

https://finance.yahoo.com/screener/predefined/ec5bebb9-b7b2-4474-9e5c-3e258b61cbe6

http://www.highshortinterest.com/

http://www.gurufocus.com/short-stocks.php

http://www.3xetf.com/all/

http://www.etf.com/channels/gold-etfs

GL!

Curtis

Article Topics: $GSAT, $XOMA, $ANY, $MU, $RGSE, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, Small Cap Oil, $CBMX, $JUNO, $GOLD, $SILVER, $USD/JPY, $USOIL $WTI, $VIX, $SPY, $NATGAS, $DWT, $UWT, $SLV, $GLD, $DXY