What Needs to Happen to Start an Uptrend
The market broke its downtrend and put in one higher high and one lower low. Sami says that’s good enough to go off of, but not enough for an uptrend to be well-established. Find out what his uptrend criteria are and what you should watch for. In this video, Sami explains: – What a red […]
Continue Reading -->Scott Redler’s Dog Bytes: What the Market Cares About
We have mixed markets to start the week as the narratives change a bit.. Inflation and higher rates still dominate the headlines but supply chain worries hit their peak last week. China and the Pandemic went on the back burner a few weeks ago. Earnings season is underway. Last week traders were rewarded for using my process […]
Continue Reading -->T3 Sentiment Survey: 69% of Traders Are Bullish
Welcome to the results of the first ever T3 Trader Sentiment Survey!Most sentiment surveys focus on a single asset like the S&P 500 or a broad generality like “the stock market.” But our survey measures your opinions on 6 different instruments:The S&P 500BitcoinApple (AAPL)Tesla (TSLA)GoldOilWe are also using a 30-day time horizon to get a […]
Continue Reading -->Options In Play – The Three Day Event Window
Sometimes old Wall Street sayings ring true, and the three day rule is a classic. It can be a great rule to remember around earnings too.
Continue Reading -->Potential Cascade Setup
My work has shown that September would be a turning point vis a vis cycles, and that was underscored by the 4545 SPX ATH square-out in early September. Remember that? Most market participants probably believed it was too pat to see two years with back to back highs in early October; however, as you know, Gann wrote […]
Continue Reading -->Scott Redler Interviewed on The SimCast Show
Want to get to know Scott Redler a little better? Watch Episode 2 of The SimCast episode, where Scott discusses moving averages, the Red Dog Reversal, and more! When you’re done, click here to check out Scott’s new service Power Plays!
Continue Reading -->Scott Redler’s Dog Bytes: The Big Oil Story
We have mixed markets around the world with rising energy prices, rates, and inflation dominating the narrative.SPY had a nice calculated move from $429 up to the $442 resistance area. Friday it started to fill the gap and this morning it’s around $435. Perhaps there’s a 5-15-30 minute low to add some back against this […]
Continue Reading -->The Rebound
Following Turnaround Tuesday’s rally off Monday’s test of the idealized/perfected low area of 4278, Wednesday put the hook in painting the overnight session crimson leading to a gap down. But Miss Direction was at the helm. The gap down open was an ambush and misdirection to the buying agenda lurking under the surface that sprang […]
Continue Reading -->What It Will Take For an Uptrend
SPY has finally broken its long uptrend and has started to trend down. Friday ended with a bullish bar, but that doesn’t mean much – UNLESS the bar produces follow through. Find out what Sami thinks will happen this week. In this video, Sami explains: – Why you should keep an eye on IWM – […]
Continue Reading -->Scott Redler’s Dog Bytes: Why Rates Matter Now
SPX futures are -10 after a rollercoaster ride overnight. We’ll see if there’s any commitment to Friday’s reversal. SPY needs to hold the $432-$433 range. A close below that and it gets very choppy. QQQ’s need to hold the $357 area. Watch the 10 year (TNX) and TLT for clues on the broader action. (more on these below)Now let’s […]
Continue Reading -->