Blog tagged as New High

The GDP Report historically does this to the market.
The GDP report is out today, let's take a look at what has happened on GDP day.
08/27/2020 09:00 AM - Comment(s)
Will we finish at another 52 week high?  What do you think?
The market is trending higher after yesterday's new highs. What will our test show us historically? Will we keep pushing higher?
08/26/2020 02:50 PM - Comment(s)
Following a new 52 week high should we expect more follow through to the upside?
The markets are opening flat after another strong close. Let's see what that has led to historically.
08/26/2020 09:16 AM - Comment(s)
What happened to our overbought condition this morning? 

Day - Tuesday

Opening Gap Direction - Up

Market Status - A morning up gap was followed by some price consolidation and a retreat to todays open.

Instrument - ES, RTY, NQ, YM

Trading SetUp - Time Based Entry

Market Trend - Still in a Bullish trend but retreating some from yesterdays high.

Trade Type - Long

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08/25/2020 02:42 PM - Comment(s)
A new S&P 52 Week High and a 2 Day RSI > 95, what's next?
The markets signaled an overbought reading on the RSI while making a 52-week high. Let's see what that has led to historically.
08/25/2020 09:08 AM - Comment(s)
Following Fridays high and a vigorous overnight, do your charts tell you this? 

Day - Monday

Opening Gap Direction - Up

Market Status - Friday saw new highs and the overnight numbers look strong with a potential open between R2 and R3 Price Pivot Zones (PPZ)

Instrument - ES, RTY, NQ, YM

Trading SetUp - Intraday

Market Trend - Still in a Bullish trend pushing new highs.

Trade Type - L...

08/24/2020 09:15 AM - Comment(s)
Which way will the market move following yesterday's Neutral Day with an S&P 500 20 day New High?
This Market Profile day type at recent highs has historically resulted in larger average moves to one side...
08/19/2020 09:12 AM - Comment(s)
After another new high, will we get a glimpse of the bear today?
The markets are pushing higher after yesterday's 52-week high, let's examine what that has led to historically.
08/18/2020 09:17 AM - Comment(s)
An Inside Day today may reveal a bullish bias
Let's see what has happened when there is an inside day forming into the close following a 52-week high.
08/13/2020 02:55 PM - Comment(s)
S&P 500 new 52 week high, can we expect more?
One of the indices put in a new 52-week high yesterday, let's look at what that pattern has led to the following day.
08/13/2020 09:04 AM - Comment(s)