This last week, the first week of September started with this uneasy feeling of "What if this market sells off all September? I didn't really think this was an option but like any streak that starts, the more time you put in on the streak the more interested people become. That's the same case with markets. We started off on a Tuesday making this a short week and for the first 3 days we ended in the red. If seemed like a decent bet to make it 4 in a row. Then we had the jobs report and on the outside it would seem like a big disappointment 142K vs the 223K expected but the market saw that this type of report could leave the federal reserve reluctant to raise rates anytime soon.
Markets close at the Highs
This last week didn't trigger much other then entries on the HPS and those entries are still very much valid and I go over them in more detail adding a few new ones.
The next 2 Videos I recorded today as I was working on my research and trading. It is a general discussion on patterns and what I look for in the first hour of trading. A kind of Tips and Tricks Segment. I go over how to time the market using multiple time frame charts and then I chart out HPS levels live and discuss there relevance.
Hope you Enjoy them they have some good stuff in them.
