MrTopStep

What can budge the markets off their current course? Most traders don’t want a budget— they want a derailment. All the rumors were about raising rates earlier than expected, but nothing...

HIGH: 1951.80 Early LOW: 1944.20 Mid-Morning LAST: 1950.10 UP 1 Handle TOTAL VOLUME: Last Call For June ESU 1.275mil, ESM 335K; SPU 4.6K, SPM6.2K MOC: BUY 260mil VIX got down to 9.64 on Dec. 14,...

In the last few weeks I have been big about trying to gain a “feel” for the markets. Despite the vicious fighting going on in Iraq and the Russians still supplying the separatists in...

The USD/JPY intraday chart (CCY:JPY=X) shows price is between opposing emerging patterns, which is typical when there’s contraction or consolidation. There’s a potential Inverse Head...

The Fed can’t keep rates low forever and there is talk that they may raise rates faster than anyone up to now has believed.Same story across the pond and around the world Last Friday I had a...

Fear has always played its role in the S&P 500. From Somali militants attacking a Kenyan town to the continued fighting in the Ukraine to Pakistan launching a long-awaited ground offensive against...

Mideast tensions pushed Nymex July Crude Oil (NYM:CLM14) to $4.25 a barrel, or up 4.1%, to a Thursday, June 12 high of 107.67 as tensions grew across the Middle East.By Friday, with news that the...

The ETF for Dow Jones Transportation has been in an uptrend since November 2012 and in an uptrend channel since March 2013 and is currently testing the extreme of the channel resistance trendline...

Patterns will always be part of the S&P 500 futures E-mini (ES)) and, really, any financial chart. Noticing these patterns can help when trading but once the public notices them they...

In the old days when the stock market would make a new high the public would be applauding. If it were around the time of a holiday, confetti would be added. Pre-2007 credit crisis and the unraveling...

Hey, Business Insider and FT, your stories titled Wall Street Is About To Start Bleeding Traders or today’s Goldman Stars Fall Back Down to Earth is not really news. In fact,...

I thought it would be a good idea to show some examples of day charts previously posted for swing trade opportunities and the outcome. Harmonic patterns cannot be forced but can enforce risk...

Yesterday the major indices closed mixed. The Russell 2000 closed down 5.6 points at 1128.90 and the S&P (+1.40 points) and Dow 30 (+26 points) made another round of new all-time highs...

U.S. stocks closed mostly higher on Friday, completing four straight months of advances for the S&P 500. The S&P gained 3.54 points or +0.20%, adding 2.1% in May for its largest monthly gain...

Long before pundits began to notice, traders have been pointing out the strange trading environment we’ve faced in 2014, following the exciting but still unexplained rally of 2013. The CBOE...

The S&P 500 futures charged to another new all-time high Tuesday. The S&P futures rallied over the 3-day Memorial Day holiday and traded up to and closed at another new, all-time record...