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NorthmanTrader

Markets-Macro-Charts-Alerts-Technicals

Actionable Trade SetUps

Our mission: Identify Actionable Technical Trade SetUps. The purpose of finding these trade setups is simple: Outline favorable trade entry points at key directional turns to deliver high returns. How to do this is much more complex and if it was easy everyone could do it. In fact, many traders struggle identifying favorable entry and exit opportunities. Where to enter, where to exit, how to manage risk with stops? Identifying these setups across […]

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Mission: Gap Fills

$SPX dropped over 5% since last week’s highs in what seemed like a straight line down, down 6 days in a row with any rally attempt sold into. A vicious decline that blew through levels, patterns, support lines without barely a pause. The sky was falling. Or was it? Actually, if you view the action through another, perhaps simpler lens, markets concluded some unfinished business: The filling of gaps. 4 […]

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Raging Bull Patterns

Technical analysis is about identifying potential tradable edges, be it with patterns and/or pivot levels of support and resistance. I say potential because there are no guarantees in anything and one must know when a pattern, for example, is either no longer valid or when it is confirmed. Since last week I’ve been discussing a potentially very bullish pattern with a specific price target which I also highlighted in the […]

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It’s Coming

It’s coming. And don’t kid yourself into believing it won’t. It happens in every cycle. The economy comes out of a recession, things recover (these days with the help of central banks) and the cycle ultimately morphs into unrealistic positive expectations about the future and optimism reigns supreme as unemployment drops to cycle lows and corporate profits look great. We just had this phase in 2018 on the heels of […]

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Weekly Market Update: Battle Lines

There are a lot of people expressing certainty about the rest of the year. For most the next move is higher as they are expecting a massive seasonality based rally especially if the Fed holds off on raising rates in December. Some are coming out and predicting a sell off and a bear market to evolve. While I’m in the latter camp in the longer term I’m currently in the […]

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KISS SetUp: $SPX

Welcome to KISS & Technical Set-Ups. In this section of the site we post examples of technical SetUps as provided for members in real time on NorthmanTrader.com utilizing our KISS methodology. Active Set-Ups are posted in member areas only. To view previous setups please visit the Trade SetUps section of the website. To gain access to active setups please visit Services. For further background please see: Actionable Trade SetUps. This macro swing […]

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