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

We got an early pop yesterday after the PCE data came out, which really wasn't important but the market was setup for a move up...

March 1, 2024

More chop yesterday with a drift lower. It's getting close to the 5050 support zone now, and the RSI is working its' way down closer...

February 29, 2024

Pretty much as expected yesterday... a little lower throughout the day and then up into the close. That bounce was likely a B wave, which...

February 28, 2024

We started the pullback yesterday, which was mostly into the close. I do not know how low it will go as it could be finished...

February 27, 2024

Last Friday played out pretty much as expected, which was a follow through to the upside in the morning and fade back to flat by...

February 26, 2024

The market continued to squeeze higher yesterday putting in a 100+ point move and making a new all time high. Looking back at different wave...

February 23, 2024

(Post wrote last night) Yesterday the market drifted lower all day and bypassed the FOMC minutes as it didn't have any real affect, but the...

February 22, 2024

From the February 12th high of 5066 the market has been pulling back in what appears to be an ABC move with the 5059 high...

February 21, 2024

I did a long update over the weekend and posted it Sunday afternoon, so I'll keep this one short and just refer you to read...

February 20, 2024

Last week we got close to the 5080-5090 target zone with a high of 5066, and then the pullback started. I'm still not sure which...

February 18, 2024