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

We got the rally I was looking for yesterday. Today is more of a grind higher as the market is clearly in a breakout mode....

August 1, 2024

Yesterday the bulls failed to breakdown from the "cup and handle" pattern. The drop changed the wave count. In the chatroom yesterday I posted the...

July 31, 2024

Well... up in the morning and down in the afternoon. We will probably see more of this in the coming days as B wave are...

July 30, 2024

It appears that we bottomed last Thursday so this coming end of the month or first of the next period, where "turns" commonly happen, should...

July 29, 2024

Getting close now to the low. Charts everywhere are oversold or very near it. My big question is... "Will this low finish the correction?". That's...

July 26, 2024

The prior low for my bigger A wave down was taken out yesterday, so that means the bigger B wave up finished at Tuesdays high....

July 25, 2024

Ok, the plan is playing out as expected as we should be in a B wave down inside a bigger B wave up, which should...

July 24, 2024

Ok, we got the bounce as expected, which could go higher still as the RSI and MACD's on the 6 hour chart have plenty of...

July 23, 2024

So far so good. Last Friday failed to hold any early rally and went lower intot the close as I expected. I think we are...

July 22, 2024

I didn't have a chance to do a post yesterday... sorry about that. Hopefully everyone figured out that the move down wasn't over with on...

July 19, 2024