Morning Notes 06/26/19 Trading Environment-Short Term: Current Environment-Bearish Hi Everyone, Futures are up some this morning, but well off the "We were almost there" comments from Mnuchin, that sent the futures into a buying frenzy. That is just outright stupidity and shows us how these algos are programmed when the programmers are sleeping. China-90%...
Morning Notes 06/25/19-Gary Dean Trading Environment-Short Term: Current Environment-Bearish Hi Everyone, Futures are fairly flat this morning and the pattern in place is NOT calling for a drop, but rather another new high pending. It doesn't mean it has to hold above the new highs, just that new highs have much greater odds than the spx breaking down here....
Well the Central Banks put a damper on the expected move lower, but that has not changed the predictive analytics model, which is still bearish. In the video link below, you will see the last time this happened, which also coincided with the Fed. It was 09/25/18 and as the spx was making new all-time highs, Woody was telling members when to expect the LOW! It...
Not a lot to go over tonight, but warnings are being sent not become complacent in this environment. Volatility has been compressed and the pattern I am following, which I go over in the free video report in my links below, is suggesting we are just making a bear flag. Of course, we may have to wait until Wednesday to get an answer as to what the market has in...
We are beginning the week with talk about the Fed cutting rates and typically we will see the markets flip flop with a grind higher into the decision. There is a channel in place and I would not be surprised to see us stay within it until the algos are triggered one way or another after the Fed decision. I don't think they will do anything, but it may be more...
Sorry for the delay in getting this out to you. Been crazy busy. Morning Notes 06/13/19-Gary Trading Environment-Short Term: Current Environment-Bearish Hi Everyone, Futures are have been all over the map in overnight trading. They were +6 then dropped 20 points in 15 minutes on the overseas news and are now +9 as I type. Those are some big swings and...
Not a lot to go over tonight, as it was a sleeper day. The spx is in a range and until it breaks to the downside, it will be business as usual for the bulls. The market has a strange way of lulling traders to sleep right before a big move happens. Our preferred pattern would be to the downside and hard. But the market will do what it is going to do. Here is a...
Morning Notes 06/11/19-Gary Dean Trading Environment-Short Term: Current Environment-Bearish Hi Everyone, We can move the stop back to 2910 now for that last 1/3 short from 2890. Futures are down some this morning, but nothing crazy. The crazy part I see, we aren't gapping higher. Woody mentioned to me yesterday that this pattern has the look and feel of what...
As many of you know, Woody Dorsey (my partner) has been advising some of the largest financial institutions in the world for over 40 years. I had a conversation with him today and he said he is seeing a very similar pattern that took place during the 1987 crash, which he predicted 3 weeks in advance. That call pretty much set in a class of his own on wall street...
Morning Notes 06/10/19-Gary Trading Environment-Short Term: Current Environment-Bearish This update was sent from Woody: MARKET COMMENTARY: 06/10/19 by Woody Dorsey: "Sentiment is coming in today at 97% bullish. The pattern allowed for strength to last into today and there is precedent for lat night highs to be that extreme. A bounce was expected and a...
Here is a piece from our premium report we put out today. Just a little info on my partner Woody Dorsey. He has been a pioneer with investor psychology and sentiment. He is considered by many on Wall Street as one of the best market timers in the world and he has been publishing his institutional newsletter to some of the largest financial institutions in the...
Sorry for the lack of posting. When we are in the "Kill Zone" like we are now, big bounces are always expected to suck up and in more bulls and shake out the bears. But the bigger picture has not changed and the 8% bullish sentiment reading at support caused a massage short squeeze, which has now triggered some extreme bullish sentiment readings. People always get...
Hello Sentiment Timing Traders, We saw a big drop Friday, but so far the downside has not gone viral-YET! We are in the beginning stages of the move down and once we start seeing 0% sentiment readings from the Dorsey Sentiment Charts, then we can start looking for where a low may hit. That is the beauty of having Time, Sentiment and Technicals as our guidance,...
MARKET COMMENTARY: 5/31/19 by Woody Dorsey: Market Energy: Markets are always and only about Energy. I study the Market Energy. Recent behavior was expected and is expected to continue. Stocks popped yesterday as expected but in a Kill Zone penultimate to Black Holes, there are few familiar footholds or finger holds for investors to grasp onto. In an environment...
Morning Notes 05/30/19-Gary Trading Environment-Short Term: Current Environment-Bearish Hi Everyone, Be sure to check out the video report below: Futures are getting a bit of a bounce this morning, which is welcomed. But the /es is running into the first resistance line at 2795. If they can push through that level, we should see a reaction trade up to...
I go over all of this in the video report in the links below. The bears took it too the bulls in early trading. But once the 200 dma was tested and then broken, the bulls decided to try and fight and brought price back above the panic line. Rallies are allowed and I wouldn't be surprised to see the bulls try tomorrow. But when we are in this type of pattern...
Morning Notes 05/29/19 Gary Trading Environment-Short Term: Current Environment-Bearish Hi Everyone, Would you like to learn how Woody manages the markets using trader psychology and all of his other methods from his book-in a simple to read PDF? Register for free ebook below Futures are under some selling pressure this morning and I had a good...
I have been showing a smaller channel and a larger channel for the past couple of days. The spx is at the bottom of both after try several times to break through the 2841. Today's failure and weak close is yet another red flag for the bulls. I was just speaking to Woody Dorsey, who created the Black Hole and Kill Zone and asked how he would compare this to what...