Before the Bell Feb 23

Did I help you profit?

Please consider making a modest donation to help me continue producing valuable content.


Before the Bell  is premarket prep for active traders. The note provides detailed stock market technical analysis focused on the indexes and FAAMGs. Key levels and trading locations are provided, along with trading plans and timely commentary to keep you on the right side of the trade.

Inspiration – Escape the Drama

Try cancelling Twitter for a week or two; see how it feels.  You may find it remarkably liberating.



Companion Video  

The video is a detailed technical review of the indexes and FATMAAN names. All the key trading levels are identified along with commentary and trade plans for each ticker. Trade ideas are also discussed.  Run the video at  1.5x to maximize efficiency without loss of clarity.

Find the Companion Video HERE 


Macro Data Releases Week of Feb 22

  • Monday – Holiday
  • Tuesday –  Case Shiller; Housing prices; Flash PMI; Consumer Confidence; Richmond Fed MFG; 2 yr Bond Auction
  • Wednesday – Mortgage Applications; Redbook; 5yr bond auction
  • Thursday – GDP; Jobless Claims; Chicago Fed; New Home sales; NatGas & Oil inv; 7yr bond auction
  • Friday – /Durable Goods; Personal Income; Consumer Sentiment

Stay Defensive

The market is in an unstable position and precarious technical posture.  The Indexes and FATMAAN names are below their 40 week ema’s and 200 day ema’s.  Those technical’s point toward bearish outcomes. That said, the potential for a sharp kick back rally is rising. Bearish sentiment is rising and put buying / hedging is elevated as well.  That’s a ripe set up for a short squeeze. Stay on your toes here.  Watch the trend lines on the charts and your levels.  If price breaks above, don’t hesitate to stop out of your shorts.  THe idea that we are facing a lowered liquidity pool and tougher market conditions, that in no way precludes the possibility of a sharp technical rally that could damage a trading book loaded with shorts.  Remain cautious.

Oscillator Update

Bear Sentiment Reaches Extremes

Most Market Segments reaching toward Oversold


A detailed walk-through of the levels and trading strategy for the indexes is given in the video ( link above) . The static charts are provided for reference. The FATMAAN names are also reviewed in the video along with trade ideas and other charts of interest.

SPY Daily

SPY 2hr

SPY 30min

QQQ Daily

QQQ 2hr

QQQ 30min

IWM Daily

IWM 2 hr

IWM 30min

Get inspired, empowered and prepared!!

Join us!

As the host of Trader’s Profit Compass, I work hard to inspire, empower, and prepare aspiring traders to face the markets with fortitude, quiet confidence and inner calm. It’s a protein-rich, sugar free environment without ego or judgement. While I can’t promise that joining our group will change your life, I’d like to think it will help your trading. Give it a spin!  Nothing to lose and potentially much to gain.

Our group of aspiring traders are into active swing trading using technical analysis to find objective, high-probability,  low-risk trades.  Using these processes we’ve been fortunate to be winning; not perfect but winning. If that is appealing to you, join us!  I’d like to think you’d benefit from the work.  You’ll get premium  content 6 times a week including a copy of my Daily Profit Compass, Weekend Profit Navigator, along with other actionable content delivered directly to your mailbox. You’ll even get an invite to our new trading room on SLACK.

Registration is simple and FREE   Visit our homepage  HERE

Spread the word?


Leave a Reply

Your email address will not be published. Required fields are marked *