Technical Trader

Weekly stock market update featuring Lee Adler’s proprietary cycle analysis, price and time projections and SPY put and call trading recommendations.  Click here to subscribe. Now published at Lee Adler’s Liquidity Trader.

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Lock Limit Down

The S&P futures are trading limit down at 2812 as I write this at 2:50 AM Eastern Time in the US.

I suspect that the PPT will be in action over the next few hours. Whether they’ll be able to get it above support at 2850 or not is the question. And if they do, can they keep it there? If they fail, then we’re in line for an epic crash.

The cycle lineup suggests a low now, at least after this morning’s crash burns out. Here’s what to look out for.

Bulletin- A Thousand Points of Light

This is a special bulletin for Technical Trader subscribers. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through Wall Street. So if you want to know the direction of the next big moves in stocks and bonds, just follow the money.…

No Meat on Bear Bones Yet

And there’s no reason to conclude that the uptrend is broken… Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through Wall Street. So if you want to know the direction of the next big moves in stocks and bonds, just follow…

Coronabear Virus – Here We Go Again

The overnight market got hit with more Coronabear virus worries. It gave the dealers another opportunity to load up their long inventories. You know what happens next. Technical Trader subscribers, click here to download the report. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it…

Trade The Range – Here’s How

The market held at support and immediately rebounded to the top of the trading range and a bit more last week. But trend resistance lines around 3350 were not violated. A failure to penetrate that area would leave the market vulnerable to a decline back to the bottom of the range around 3215.

I have suggested a trade that would profit hugely from that scenario, if it plays out, of course.