Three stocks just flashed the exact same signal on my chart. They all closed back above the star of the show. That is my 40-period simple moving average, the average price over the last 40 bars, and it is the one line I care about more than any other. Somebody in the room even calls it the Sebastian indicator, which I love. Here is why it matters, my loves. When price breaks below that line, a stock usually keeps sliding, and when it climbs back above, I pay attention. All three of these just climbed back above it, so let's go over them. Before we do, one thing about how I am reading this market. We have been in a bull market for years and years and years, and when you have that kind of momentum, the bulls tend to come back and use it. So I do not like

The market loves to lie right before it tells the truth. It pushes price just past a level, gets everybody leaning the wrong way, and then snaps back and goes the other direction. If you have ever jumped in on a breakout and watched it reverse on you a candle later, you have met this move. It has a tell, though, and once you can see it, you stop getting caught by it. I have a level I track for exactly this, and the other day it set up about as cleanly as it ever does. Let me show you how it works so you can add it to your own toolkit. So here is the level: It is the 13% Fibonacci, an extra line most traders never even add to their Fibonacci sequence. I use it as a fake out level, and once you have it on your chart

How to Read a Market That Has No Story A market with no news can still move plenty. I am wrapping up a month of trading from France, down to my final few days before I am back in the office this week, and the biggest surprise was the sleep. I was always the gal who bragged that she ran on four hours and a tank of energy, and out here I have slept like it was a competitive sport. Bed at midnight, up at ten, naps in the middle. I think I caught up on about ten years of it, and I am not even a little sorry. Monday had nothing on the calendar to explain it. There was no headline and no data behind it. And it has still moved, gapping up at the open, running, then handing most of that gap back by early afternoon. No story