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Are The US Markets Consolidating or Starting To Breakdown?

Cory
March 6, 2019

With the recent top in US markets on Monday the question now is if this pullback is a healthy consolidation or the start of a breakdown. Allison Ostrander, Director of Risk Tolerance at Simpler Trading shares her thoughts on the market set up. We also discuss the trend in retailers to close up shop and look more to online sales. Allison shares some of the retails that she thinks provide an investment opportunity.

Click here to visit the Simpler Trading website.

Discussion
4 Comments
    Mar 06, 2019 06:50 PM

    It would be very unusual during the consolidation period ahead not to at least re-test high volume bars with lighter volumes…In order to reject it and for the markets to then head higher…or, visa versa..

    so for instance, SPY price high of249.71 on a volume of 255 million on December/21/18 is standing out like a throbbing sore tooth….In a mature or maturing bull run this would be just normal price discovery

    Mar 06, 2019 06:01 PM

    /ZB 30 year bonds i noticed just rejected lower price on higher volume in a wide ranging bar…..A tom demark support line exists at 145’30 as resistance…over that a test of 147’03

    Mar 06, 2019 06:05 PM

    very dangerous set up for spy…stopped just above 276.84 low a few days ago…..markets now have all night to rest and energy of fresh sellers to be unleashed….we will watch Europe and Asia overnight…no sleep for a bit…good luck to traders

    Mar 06, 2019 06:09 PM

    Twitter Execs on JRE Contradicted By Undercover Video of Twitter Engineers

    https://www.youtube.com/watch?v=ULYI1uhK8g4