Author: Scott Redler

By: John DarsieGrowing up I had a soccer coach that was highly influential in my development as a person and as a player. While I was a good athlete, I was never the fastest or the most skilled player, but Coach Jacobs made me...

By: Scott Redler This morning I sent you a chart that looked like Swiss cheese, and that’s what a lot of traders feel like right now. This is the new normal. Today we broke above 1060-1065 and now officially broke this...

By: Brandon Rowley  The level holds again, September starting strong The much-watched 1,040 level on the S&P 500 held on its 5th test since the April highs. My toe dip last Friday turned into an aggressive long yesterday as...

By: Scott Redler Traders love to buy break outs and short break downs, thriving on momentum and follow-through. In today’s market, we are seeing NONE of this. The only way to make money has been to watch the short term or...

By: Scott Redler The last two times the head & shoulders pattern triggered they turned into bear killers. The patterns triggered and then within a few sessions, reversed to trap shorts and give quick traders a nice tradable...

By: Scott RedlerThe market has given back almost 50% of Friday’s rally, not a very good sign for the bulls. We came in today with conflicting patterns: a decent short term outside bullish Reversal from Friday, but a very bearish...

By: Brandon Rowley   Senator Ted Kaufman has been a leader in critically assessing the impacts of high frequency trading on today’s financial markets. Kaufman wrote a letter to the SEC on August 5th highlighting key issues...

By: Scott RedlerAs I come back from vacation and I look at all the charts, I see two very conflicting patterns. Short term, the market was oversold enough and technology got hit hard enough that the “Intel bad news” was bought....

By: Brandon Rowley  Barclay’s should make for an enjoyable afternoon Today should be a good day to grab some quality tube time watching Tiger Woods’ back nine when CBS kicks in coverage at 3:00 for the...