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

This week we have an FOMC meeting on Wednesday, which could keep the market in float mode with a downward bias until it's over with....

September 24, 2018

The long awaited FP from 2/27 was hit yesterday so if it's going to work we should start down from here. Slowly at first of...

September 21, 2018

Slowly but surely the market is continuing to grind higher up toward that FP from 2/27 of this year. At this rate we could see...

September 20, 2018

The futures look weak today so I would not expect the breakout to happen by the close but instead I think it needs more time...

September 19, 2018

Yesterday showed the first signs of weakness as Amazon dropped sharply and several other tech stocks. But the SPY held on strong the first half...

September 18, 2018

Good Monday morning to everyone. I hope that it was a great weekend for you as summer gives way to fall where temperatures are pleasant...

September 17, 2018

I did not take a short yesterday as noted in the chatroom. This morning we see futures up slightly and are basically at a double...

September 14, 2018

Looking at the futures this morning it's looking like they are making another run up for a double top, which appears to be a hit...

September 13, 2018

Nine years ago today I started this blog. It's hard to believe I'm still doing it. Back then using disqus for you comments was the...

September 12, 2018

Yesterday I talked about the morning open being some kind of wave 1 up from the Friday low and that it should backtest the upper...

September 11, 2018