TS: Stocks, Gold, Oil, Gas: A Short-Term Chart View
When the market is moving on light volume I tend to focus on very short-term plays to minimize my exposure to volatility. The past couple of weeks have been great for daytraders and futures trades as we took advantage of the short-term seasonal holiday rally in the broad market and also by shorting gold when bounces reached resistance levels.
This year I will be providing many more trades as I focus more on 60-minute trading charts to scalp the market with low-risk, quick-reward setups. I also will start providing futures trading analysis and signals for those who want to be more active and generate more income on a monthly basis.
The Dow Jones Industrial Average has been trading in this range for a couple weeks providing some excellent short plays. Although I tell members not to short in a bull market, there are times when shorting in a bull market looks and feels right.