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ON DECK FOR TODAY’S VIP TRADE ROOM: Monday-Friday: noon ET How to use ATR to determine if a stock is over-extended, earnings scorecard, weakest and strongest sectors right now, mega-cap technical analysis, and fast-moving stocks for the afternoon session! JOIN US HERE! This 20-Day vs. 50-Day Signal Changed Everything for My Trading My sentiment toward the market is shifting to the bearish side after a 13% run higher over the past month. And here’s why… There were 704 stocks making 20-day breakouts on Monday. Today, that number is just 290. I also warned yesterday that only 57 stocks were making 50-day highs vs. 704 at 20-day breakouts. This generally means the market is stretched like a rubber band, and that rubber band is going to snap back. A true trend generally takes two months — or 50 trading days — to form. So when it’s just a 20-day high, that means we’re overbought, whereas a 50-day high is much more likely to mean a change in trend. Simply put, the 20-day high is a rubber band indicator while the 50-day is a trend indicator. When I learned this, it changed my life as a trader. Now, with that important lesson out of the way, I don’t expect big institutional moves ahead of FOMC Wednesday… While you’re here, if you’d like to get my hitlist of fast-moving stocks for the afternoon session each day via text… Just follow this link!* Keep in mind that I’m not telling you to buy or sell these stocks. They are tradable the rest of the day and even overnight IF their momentum continues, nothing crazy happens like a big news bomb, and they meet your criteria, whatever that may be as part of your trading plan. This Signal's Been Right 19 Times In A Row — and Just Flashed Again Before Fed Day A pattern so reliable it defies statistical probability (19 consecutive correct signals) just flashed before tomorrow's Fed announcement. ![]() 🎥 LIVE TRADE ROOM ACCESS 🎥 Join me and dozens of traders each day inside my LIVE VIP Trade Room! Each day, we analyze the markets together, build relationships and, more importantly… go over market education and new trade ideas! With the VIP Trade Room, you’ll have the opportunity to multiply your trading knowledge and confidence as quickly as possible. I’ll take the time to answer all of your trading questions, so fire away! Make sure to join us LIVE each day! SCHEDULE:
JOIN US HERE: http://rogerscott.com/viproom Follow along and join the conversation for real-time analysis, trade ideas, market insights and more!
This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. |
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ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. The TradingPub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. Unsubscribe |
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