Trading Videos from The Money Show

Education at Your Fingertips

"Upside Explosion after Two Days of Loading Up."

"The Bull Roars Ahead on Wall Street" 

2D, 10m. - Apr. 9 - A large Gap Up was followed by a narrow range advance.  This continues a 20 Day trend to the upside.  In Potato Trading the idea is to stay on the outer skin of the Potato while avoiding the Devil's Den (within the potato's body).  The Devil's Den is the "battleground" between Bulls and Bears and is noted for volatility and reversals.
10D, 30m. - Apr. 9 - The last ten or so days have been difficult to trade due to inconsistent market movements.  There has been a lot of "porpoise" like activity with frequent ups and downs among the potatoes.  The overall trend has been up but there have been multiple retreats and advances.
3M. Daily - Apr. 9 - Longer term the trend has been and continues Bullish.  All action is above the 10D MA.  MACD is Black.

"Sideway Incubation Period"

"Two Days of Nesting.  What are we about to Hatch?"

2D, 10m. - Apr. 8 - Two days of range bound market consolidation.  No particular momentum developed in either direction.  The Long Term Trend has been Up and the Short Term Trend has been slightly down (see next chart).
10D, 30m. - Apr. 8 - Short term bear trend within a longer term bull trend.  Both channels can be seen in this chart.  The last two days have shown no trend in either direction.
3M. Daily - Apr. 8 - This longer term 3 month chart shows the bull trend of the last month.  We are approaching Resistance at the SPY (S&P 500) 88 level.  A break through that Resistance would indicate additional breathing room to the upside.  Failure at that Resistance might lead to resumption of the Secular Bear Market.

"Where, O'Where, Do We Go from Here?"

2D, 10m. - Apr. 7 - Gap down followed by a narrow range day.  Weak internals entire session.  Market trended lower but with little momentum.  There was extreme weakness at the close as can be seen in the Tall Red Candle.
10D, 30m. - Apr. 7 - The 10 Day chart shows the dominant Bull Channel.  The market closed at the low of the channel.  You can appreciate the continuation of the gradual down trend that extends back through the previous three sessions.  Is this a Bear Trend mixed in with the dominant Bull Channel.  The weak close today suggests weakness tomorrow, but we know from experience that that is far from being a sure thing.
3M, Daily - Apr. 7 - The Bull Channel prevails on this longer term chart.  The Price Action is above the Moving Average Fast Line (10 Day).  Note the Black MACD during this bullish phase and the CCI remains high in the range.  The "Trend is Your Friend", but all trends come to an end sooner or later.

Magical Market Momentum Moves!

"Like a Genie Out of the Lamp, the Market Maintains Momentum!"

2D, 10m. - Apr. 6 - Today's session was spent mostly in the Devil's Den which is usually associated with turbulence and intraday reversals.  Today was no exception to that observation.  The Internals were weak and yet the market behaved with incredible strength even though the morning was characterized by a down trending market.  The afternoon session was very different.  Notice all the Tall White Candles which emphasize the bullish nature of the afternoon activity.  The Channels tell a picture story of today's market behavior.
10D, 60m. - Apr. 6 - The Bull Potato survived a day of weak internals and was saved by an afternoon rally during which the Bear were chased into the woods.  The market ended above the 10D Moving Average which preserved the technical requirement for a Bull Potato.  Again the perilous nature of the Devil's Den is mentioned.
3M, Daily - Apr. 6 - The Trend Continues to be Your Friend.  The Bull prevails on the longer term chart as well.  In spite of general economic problems the market seems to anticipate better times are ahead.

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Education from the Experts

"This is Too Good to be True.  Am I sure I can Handle It?"  

2D, 10m. - Apr. 3 - In spite of weak internals the market held on for additional support and gain.  The market continues to absorb bad news and seems to anticipate "better days ahead".  This may be true but caution is advised.
10D, 60m. - Apr. 3 - The "Windsock" proved correct.  In fact it is not even being changed by today's market.  The same tangential is simply projected on what had been there yesterday.  The price action remains on the top side of the Bull Potato.  The Action Buttons remain on "Go."

3M, Daily - Apr. 3 - "The Trend is Your Friend."  The Channel continues to ring "Bull Speed Ahead."  From past experience once you feel that in your emotions it will turn on you like a rattlesnake.  Keep your stops tight.

"Bullish Market Action in the Midst of Travail"

2D, 10m. - Apr. 2 - Gap up with little momentum, follow through after that.  Divergent MACD noted during session outlined by Gold Spot.
10D, 60m. - Apr. 2 - Inconsistent Moving Average crossovers in last few sessions makes Potato calls difficult.  At the moment we are Bullish.
3M, Daily - Apr. 2 - Bullish on this  intermediate chart with Channel clearly to the upside.

"Windsocks are Fundamental to Safe Takeoffs and Smooth Landings"

10D 60m. - Apr. 1st. - Todays channel is trending up, however, the Moving Averages are in a variable mode whipping back and forth flirting with the Devil's Den.  While the Windsock is Bullish caution is advised.  As the Shadow Trader says, "Let the market show its hand."

"Devil's Den Trading is Treacherous"

2D, 10m. - Apr. 1st. - Gap down followed by parabolic gap close and trending day up with snap downs and snap back ups.  Very volatile trading.  Quick roll overs of the moving averages.
20D, 60m. - Apr. 1st. - No definitive bull or bear potato with the price caught up in the Devil's Den which creates high risk trade situations.
3M, Daily - Apr. 1st. - Even on the 3 Month Daily we are in the Devil's Den.  More can be found int the sidebar on our interpretation of the Devil's Den and the problems it presents with Potato Trading.  This is a transitional zone that does not lend itself to confident decision making.   It is problematic in stimulating premature trades that "jump the gun" and do not work out.