Technical Stock Market Forecasts for Swing Traders
Tuesday, November 24, 2015
The Night Owl is on Thankgving break and will resume as usual next Sunday night, November 29th. Last Thursday night I stated that I wasn't expecting much action this week anyway, and so far with two days of the Dow being down 31 points and then up all of 20 on tiny ranges, it looks about right. I'm expecting Wednesday to be no different.
Happy Thankgiving one and all and may we all be thankful for everything we have, including the stock market, the greatest economic engine the world has ever known.
Michele is a swing trader, a night owl, and a student of Japanese candlestick charts. She retired from a large tech company at the age of 50 and has now been trading US stocks and occasionally the e-minis on a full-time basis as an independent trader since 2004.
The Night Owl Trader publishes every trading day late at night (or very early in the morning) around 1 or 2 AM, with occasional bonus commentary and analysis thrown in on weekends.
The Night Owl is independent, ad-free, and made freely available to all. Contact me at nightowltrader (at) gmail.com.
BB - Bollinger Bands COT - Commitment of Traders Report DCB - Dead Cat Bounce MA - Moving Average RTC - Regression Trend Channel YTD - Year To Date
(My lawyer made me do it) This blog is not trading or investment advice, account management or direction. All trades listed here are presented only as examples of the author's personal trading style. Investing entails significant risk and trading entails even greater risks. Act accordingly.