Before the Bell Mar 28

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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 –  

Become a master of your process. If you can latch onto a process you can faithfully and flawlessly execute on a consistent basis, many many good things will come your way.   One type of trade, one stock may be all it takes.  Dont lose sight of the fact that there are many many traders who never wake up wonder ” what stock am I going to trade today?   They know they will be trading ES, or NQ, or Oil, or AMZN.   THere is great power in not jumping all over the map chasing shiny objects.


Some interesting ones this week including. XPENG, ASO, LOVE, MU, LULU, RH, CHWY, FIVE, PAYX, PATH,


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 Mar 28

  • Monday – Intl Trade, Retail & Wholesale inventories; Dallas FED MFG; 5yr note auction 1pm
  • Tuesday – Case-Shiller Home Prices; FHFA Home prices; Cons. Confidence; JOLTS; 7yr Notes 1pm
  • Wednesday – Mort Appls;ADP; GDP; oil inv
  • Thursday – Challenger Job Cuts; Jobless Claims; Personal income & outlays; Chicago PMI, NatGas report. 
  • Friday – March Jobs Report; PMI MFG final; ISM Mfg; Construction spending

FOMC Speakers scheduled everyday except Monday the 28th.

Trade it or Fade it?

I believe this rally is a kick back rally within an emerging bear market.  JPOW, Yellen and Biden are all united in their resolve to crush inflation. THe way they’ll do it is to aggressively hike rates. The FOMC wants to effect a “reverse wealth affect”  by impacting markets and housing.  Nothing sobers up euphoric market action is to open you IRA statement and see red numbers.   I think JPOW has the high ground and will be waiting to knock down any rally.  I am looking for a lower high and rollover after Q1 closes.   THat said i am net long but with a few hedges in case the selling starts early.  Additionally, the oscillators are stretched and are at the high end of their range where reversals often happen.

New Highs vs New Lows is lacking

Both major markets have not been able to print new highs greater than new lows.  Seeing these breadth measures breaking above the zero line would be one of the things you’d like / expect to see on a sustainable rally.


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 30 min

IWM Daily

IWM 2 hr

IWM 30 min


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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.

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