Blog tagged as A Long Position
Let's update this morning's pivot point study and see what it has resulted in with an entry near the close.
Here is a quick study using pivot points to describe the current market action.
The S&P is forming an inside day, let's see if this pattern usually rallies into the close.
The markets bounced following Friday's weakness, let's see if this has led to further upside historically.
The markets are trending higher to start the week, let's see if this pattern has often continued higher into the close.
The markets are pushing higher following Friday's options expiration day, let's see what has happened historically in these scenarios.
Today is a special options expiration day, let's look at what has happened on this day historically.
Tomorrow is options expiration, let's see what has happened into the close the day before options expiration.
The markets are trading lower ahead of the open on this day before options expiration. Let's see what has happened historically in this scenario.
The markets popped on the FOMC announcement, let's see what has happened historically on this day as we approach the close.