May 22, 2023 Monday Morning Market Rundown with Responsible Day Trading

Hey friends!  I do apologize for my videos being a little spotty here and there for the moment.  We are working on some BIG projects that have taken up quite a bit of time—but I think we should be back to consistent videos sooner than later. 

So, while they are small moves, I’m loving this market!  It has quite a bit of excitement and anticipation.  We’re getting these tighter and tighter spaces between the area of resistance (that we’ve been watching for months)  and the EMAs on the bigger charts. And the good thing about this kind of action is, eventually it will pop out of one of these areas and give us some good runs to work with.  

But as I’m watching this, 2 hours after recording the video, we’re still stuck between those areas.  This is part of the reason why it is so important to have the higher and lower time frame in view.  There are still trades to be taken, but the targets will need to be adjusted to something much quicker and smaller until the price finally breaks out of the area and establishes a more clear pattern. 

Well my friends, that’s going to wrap it up for this week!  I hope that everyone has an amazing week, that you stay focused and that you make good decisions.  If you have questions, please reach out to us and we’ll be happy to help—and as always, you know that I’m looking forward to catching YOU on the profitable side! 

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