Author: Scott Redler

By: Scott Redler Today I went on Street Signs talking about the complexion change in the market. Below is a video from that segment, as well as my preparatory notes. This month we started to watch for a composure...

By: Brandon Rowley The S&P 500 has traded in a rising channel for about 6 months being bought on the low end and sold on the high end. Channels are some of my favorite technical patterns because they’re very basic and...

By: Scott RedlerThe market will try and bounce from its extremely oversold state again. Yesterday’s up open met some QUICK selling pressure. 1,080-1,085 is hanging by a thread.This morning we got a good GDP number and some...

By: T3LiveWe at T3Live are pleased to announce our partnership with High Chart Patterns. HighChartPatterns is a newsletter service geared towards the active short-term trader. Five nights a week, they send out picks for the next...

By: T3LiveScott Redler was quoted in Investor’s Business Daily yesterday recommending to buy the XLF–the financial sector ETF–against the $14 level as support. Yesterday, the index held that key support level...

By: Elliot TurnerShortly before the Bernanke confirmation vote, I wrote that we could possibly see a relief rally should the “yays” win and Bernanke get reconfirmed. The Senate called for a 3:20 vote on...

By: T3LiveToday Scott Redler appeared on the Fast Money Halftime Report talking about key levels to watch in the S&P and offering his opinion on Microsoft (MSFT) ahead of its earnings report this afternoon. Check out the...

By: Elliot TurnerOver the last week, volatility has come back with a vengeance. We have a host of new and old buzzwords moving this market in violent swings every which way: iPad, “extended period”, State of the...

By: Scott RedlerIf yesterday’s bounce into today’s up open was the counter-trend move or “oversold bounce” then this market is in some big trouble. Early on, the market feels very heavy–Qualcomm...

By: Scott RedlerYesterday we came in with a plan to get long. We bought the SPY on a reversal pattern and entered some financials long. The question now is: HOW MUCH CAN WE BOUNCE? There is a small level of resistance in the...