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Predictable Price Support

Trading stocks
XOM: Exxon Mobile
XOM had earnings today- not that great. In the above chart, the price of 92.94 is highlighted with a green line. Notice how early on price bounced off it? We entered at green arrow. This is a 2min chart. To see what is...

Pullback, Shakeout, or Crash?

LARGE SUPPORT

Many people see the market as collapsing today. But if you look carefully, something else may be happening. Price may be sucked downward by something powerful. On the daily chafrt of the S&P 500 index below, the green line is the 100 day moving average. Why would that suck the price downward? because large...

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