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

Since there's nothing going on but chop I want to cover something else this morning, that I just find interesting. It's on the SPX chart...

August 28, 2024

Not much to add as the market continues to build a sideways base under the falling white trendline. It could breakout as it's technically forming...

August 27, 2024

Last week I covered the wave count that we should be in "if" we don't make another higher high, but today I'm going to cover...

August 26, 2024

I didn't do a post yesterday as there wasn't anything to add, but we did finally get a pullback started, so assuming the current high...

August 23, 2024

A whole lot of nothing yesterday as bulls take a breather. A pullback of some degree is near and could start anytime now. But the...

August 21, 2024

The market continued higher again yesterday so I have to think the odds of any decent pullback are getting slimmer by the day and the...

August 20, 2024

Friday went a little high but not much overall. I posted an updated wave count on Friday and so far it's still looking accurate. This...

August 19, 2024

Yesterday surprised with another big squeeze. I was really thinking that it wouldn't go very much into the low 5500's but it just kept going....

August 16, 2024

We rallied yesterday a little more and almost hit the 61.8%, so we are close enough now for a top for this rally. It could...

August 15, 2024

I was looking for a small pullback yesterday and then a strong rally, but the pullback never happened and instead the market squeezed hard all...

August 14, 2024