ALEXANDER TRADING BLOG
Pre-mkt_2023_12_04
Pre-mkt_2023_12_04: No change to weekend update. Globex is mixed. I'm traveling so no Live Trade Room today. I'll have a complete review and report out this evening.
Weekend Update 2023_12_03
Weekend Report for Monday, December 4 Bottom Line: The bull leg in the indices that began off the late October lows continued in the first day of December similar to how it left the last trading day of November - strongly up. I have expressed the thought for a couple...
LTRAV_2023_12_01
LTRAV_2023_12_01: https://tinyurl.com/3m9zuxy9
Pre-mkt_2023_12_01
Pre-mkt_2023_12_01: The SPX may yet spike above 4607. Thursday's cash low is now the important downside level, and trading below it is an initial signal a top of relative significance might be in place. NYSE closing breadth has been "tame" in both directions since the...
LTRAV_2023_11_30
LTRAV_2023_11_30: https://tinyurl.com/3a46cjr3
Special Update_2023_11_30
US major stock indices are beginning to diverge away from the all-in buying ramp that began at the October lows. The current divergence between the DOW and NDX may be signaling a top of relative significance is forming, and breadth is also supportive of that idea. A...
Pre-mkt_2023_11_30
Pre-mkt_2023_11_30: https://tinyurl.com/5evwrutx LIVE ROOM LINK https://us02web.zoom.us/j/82164389067
LTRAV_2023_11_29
LTRAV_2023_11_29: https://tinyurl.com/44jdmmyn
Pre-mkt_2023_11_29 PART 2
Pre-mkt_2023_11_29 PART 2: https://tinyurl.com/6avp5zty
Pre-mkt_2023_11_29
Pre-mkt_2023_11_29: https://tinyurl.com/6avp5zty The SPX has formed a 4-session Balance. In mature Balance Areas, in general, you want to be long above the HVN and short below it. The current HVN is 4556-4554. I am personally not comfortable chasing this vertical...