The Day Ahead: AM Edition 2020-01-17
SPX is gap up again but I can't pound the table for higher. Next intraday target higher at 3333 and next daily target at 3339.
The Day Ahead: PM Edition 2020-01-16
Bonds had a nice drop from deep wave (II) resist at 158^23 today and now down at the moving averages and support at 157^08. Now need the latter to fail as support for the next move lower to really kick in.
The Week Ahead: 2020-01-12
As expected, bonds have drifted back up to retest resist at 159^24. I favor 159^24 or 160^31 holding as resist and bond prices falling out the bottom of support at 155^11. The Lomb Periodogram suggests bond prices holding up for another week or two before breaking lower.
Natural Gas and UNG Update 2020-01-07
I'm going to use the weekly UNG chart for the big picture and then switch to the daily natural gas futures chart for the fine details.
Hit your targets
We believe an independent trader can succeed and profit in the markets, and we’re committed to helping our subscribers trade well on the time frame that best suits them. We founded Trading On The Mark in 2008 to help traders overcome some of the challenges of market analysis and trade execution. If trading futures and options based on technical analysis appeals to you, then you’re the kind of trader we want to work with.TOTM’s technical approach is grounded in Elliott wave and Gann techniques, while also making use of Fibonacci relationships in price and time, historical cycles analysis, proprietary technical indicators, and other more esoteric methods.
What people say about TOTM
If you love trading, I highly recommend Tradingonthemark! Tom, Kurt offer great charts and other technical stuff. It has improved my trading! — Moiz, intraday trader and long-time subscriber