Profile | Red Dragon Leo - Stock Market Trading on the Darkside

We had a fast drop last night around 9pm EST but the futures have recovered most of it this premarket morning. Was that a...

July 20, 2018

This morning we are going to look at the 6 hour chart. You can see the triple negative divergence on the MACD's clearly here,...

July 19, 2018

Yesterdays update certainly was wrong as the bulls ripped the bears to pieces all day starting right at the open. At this point I...

July 18, 2018

Looks like the bearish alignment of the 6 hour MACD is keep downward pressure on the market this morning. The 60 minute MACD did...

July 17, 2018

I hope everyone had a great weekend. This week looks to me like it's going to put in some kind of top in the...

July 16, 2018

Welcome to Friday the 13th guys and gals. Stay away from people named Jason is my advice for today. Yesterday I did take a...

July 13, 2018

Ok gang, this move up this morning looks to me like the smaller 5th wave inside the larger 3rd wave. Meaning that yesterdays' premarket...

July 12, 2018

Yesterday about an hour after the bell the futures started down hard. Apparently more talks about the trade wars came out and caused the...

July 11, 2018

Looks like yesterdays thoughts on the bulls continuing to control the market was right as they put in another nice up day. But today...

July 10, 2018

Last Friday I guessed that we'd go up to the FP on the SPY within a few days and we actually hit it that...

July 9, 2018