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The importance of volume is relative to the time frame used. The longer the time frame, the more important volume becomes. i.e. a day trader who scalps 10 slices a day is probably less concerned about volume that a swing trader

Although its very early, its begining to look like a breakthrough Financials, which have been the big laggards this year are up 4% Today's tick chart is very bullish as well with the lowest tick values only around -200

the VIX index is testing resistance around the 46 level on the 60min chart. There have been 4 recent attempts to break through that have been rejected. Now a 5th try will probably happen on Monday. Usually when there are multiple attempts to break resistance in a descending wedge, the...

imho.. Leverage is why day trading is better. Can control more assets per dollar in your account.

you guys can have your fun with Bradley but I'm tellin' you. there is something to it. I don't know what but there is.

Think about leverage. A day trader can use less capital to control a large amount of assets than a swing trader. Day trading margins are considerably less than overnight margins.

I wouldn't doubt it. Not for a minute. I've seen AMAZING results from Bradley! From a TA point of view, the S&P index traded up significantly during the session, for the first time since Jan 1st. We've had a few gap ups that went nowhere. This is the first significant trade up...

Small Businesses have to have reliable lines of credit to grow. If there is a big change in the banking sector, and loans become very difficult to get, how can any company grow without borrowing?

wow The Financial index down 13% now. This is getting a little scary. So either the bottoms in or we're heading for a depression.

Try this free site. No pivot points but good daily S/R levels for FREE!! http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID2684038

I not certain that it matters. The theory is that upon opening, trading stops will be hit and there will be a temporary price change of limited time. A couple of minutes is all that's needed for a quick day trade. please advise if you have more insight.

I have always wondered about buying right at the open when the futures gap up. I'm talking about buying an index future seconds before regular trading begins. The theory would be that if equity prices gapped higher, some shorts stop loss targets would be triggered and few buy orders would...

yeah right... Everybody's a genius AFTER the event. Forget Murphy, he's a loser. The advice I've given you above is the best I've found. Good Luck

Abandon ship! World Monetary System collapsing!! Huge run on Banks Tuesday morning -8.50 ES :D

Watching the VIX is a large part of my daily trading. I use it for confirmation or divergence to what I'm seeing on equity charts. As a general rule I don't make trades against the trend of the VIX. Trackstar is 100% right. The best method is not to predict, but to react. That's the...

Thanks guys, you made some great TA points and I'll be watching those S&P levels. From a Fundamental view I wonder.. Is this week's Obama factor 'priced in' already? We've known about it for over 2 months. The S&P sank 25% in only 12 days immediately after the election. Or will the...

With 2 important sectors of the market trending in opposite directions, I don't see a strong move up or down. So if we do retest S&P lows, it could be a good buying chance.

The XLF:$SPX chart That the lowest close in history, afaict

Try charting SMH:$SPX to see what I'm looking at.

2 sectors I weigh highly for market sentiment are the financials(XLF) and semis(SMH). At Friday's close, the banks were at their lowest point verses the S&P since the 2007 crisis begin. In fact, they closed at the lowest point in history, relative to the S&P index. But strangely, the...