BMO Commentary
Happy Veterans’ Day !!
The Markets are Open but will be very unpredictable today . . .
there are no Economic Events today . . .
I recommend just relaxing and enjoying the day.
AMC Commentary
A sharp Up Opening and then a drift Downward the rest of the day Closing a little higher . . . she sure is looking weak and ready to tumble Down some . . . we had a Spinning Top Closing daily-candle today .. somewhat Bearish under normal circumstances.
Some news I wanted to share . . . this Blog is going to start featuring a lot more Swing- and End-Of-Day- Trading Techniques/Education/Charts . . . I, personally, am having more of a need to shift a lot of my money into Swing- and Day- vehicles as opposed to Day-Trading . . . no fears, Day-Trading will still be a large focus .. but Swing- and EOD- Trading will start to get a lot more visibility . . . including new Trading Systems/Models to handle them as well.
Here are my thoughts/Charts/Commentary on today’s Market action:
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Q&A With Robert Prechter: Why Technical Analysis Beats Out Fundamental Analysis
By Elliott Wave International