In this video Todd Gordon of TradingAnalysis.com uses the Fibonacci and Elliott Wave tools to outline the most likely path for the S&P 500 and IBM in coming weeks.
Learn more about TradingAnalysis.com here.
Plan Your Trade, and Trade Your Plan,
Todd Gordon
Let's face it traders, nobody knows where the market is definitely headed next. But using certain market analysis methods we can put the probabilities in our favor to calculate where we should, and probably won't go, next - which is all you need to make money with options.
In this video Todd Gordon of TradingAnalysis.com uses the tools of Fibonacci and Elliott Wave to outline the most likely path for the S&P 500 and sets up one options trade in the SPY to profit from two different outlooks in coming weeks.
Learn more about TradingAnalysis.com here.
Plan Your Trade, and Trade Your Plan,
Todd Gordon
Yesterday, Todd Gordon of TradingAnalysis.com went on CNBC and told Melissa Lee that the NASDAQ could drop 30%. And today's short squeeze is setting up as a classic bear market rally and we're into the trade. Let Todd take you "inside" the charts and his trading account to show you how he's trading it with options.
Learn more about TradingAnalysis.com here.
Plan Your Trade, and Trade Your Plan,
Todd Gordon
Join Todd Gordon of TradingAnalysis.com as he takes you through a potential SPY trade setup using options with Fibonacci analysis. He picks up where he left off with the SPY chart from July 8th. The market is pulling back, but using eSignal's Advanced Get Todd identifies the Elliott Wave and Fibonacci support zone that could offer you a potential long setup.
Learn more about TradingAnalysis.com here.
Plan Your Trade, and Trade Your Plan,
Todd Gordon
Just a few weeks ago it would have appeared the world was on the brink of another major financial crash; tensions in Europe and concerns about Greece leaving the Euro were increasing, China's stock market was crashing, and it appeared Puerto Rico would not be able to pay its debts, just to name the big concerns bringing fear to the world financial markets.
Well, fast forward to today and for the most part those concerns have all but dissipated; it would seem Greece and the rest of Europe have come to some sort of agreement at least for the time being, China's government stepped in and put policies in place to attempt to stop its market from crashing, and Puerto Rico has paid most of its debt's and even though it defaulted on one, the market hasn't seemed to care. The major indexes are again nearing all-time highs. The S&P 500 is above 2,120 and the Dow Jones is at about 18,100.
Again this was another great example of why when the world seems to be falling apart and others are panicking, the best reaction is to stay calm and continue trudging on. Anytime we go through this sort of situation, I always go back to my favorite Warren Buffett "Be fearful when others are greedy and greedy when others are fearful." Continue reading "How To React When The World Is Coming To An End"
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