dani face dani quote

Identifying Higher Highs/Lower Lows (And a Potential Bearish Setup on SPX)

In this video, Allison Ostrander, Director of Risk Tolerance, reviews one of her favorite trading indicators that has allowed for great intraday setups. She also shares a potential bearish setup to consider using the indicator. 

 

The Divergent Bar is an indicator that can help identify a higher high or lower low within the next three bars compared to the bar that prints the signal. This can be used from an intraday chart as small as 30 minutes all the way up to a Quarterly or Yearly time frame. This has allowed for some great intraday setups like the setup I identify on NFLX. I also share a potential bearish setup to consider using the Divergent Bar indicator on the SPX Weekly time frame.

To learn more information on Allison’s Divergent Bar indicator, visit the link here.

May the trade be with you,

Allison

Up Next...

Why We Trade, Maternity Leave & More…

Maternity Leave Musings & More… It’s a little more than 3 weeks after the birth of my second child, and I’m already finding it challenging to ‘enjoy’ the lack of work. While of course, I want to spend that precious time with my newborn son, and I am, I also feel a bit naked without … Read more

Read More

It’s A Trap: What to Look for When Trading By the 100 SMA

This week Allison Ostrander, Director of Risk Tolerance, shares a bearish trend pattern that sets up potential traps for bulls when price is trading near the 100 simple moving average (SMA). Allison graduated with a Bachelor of Fine Arts degree in Theatre and learned to trade to avoid being a starving artist while pursuing theatre. She now … Read more

Read More

The Battle For The Next Leg

In this video, Sam reviews the indexes, bonds, and sectors to determine the levels that need to hold for bulls to have a chance. He will also cover the alternative scenario in which those intraday levels are broken and what that would mean for the bearish case.     You’ll notice that Sam refers to … Read more

Read More

Subscribe Today!

Want to walk the path to trading success together? Join Danielle’s “Five Star Trader” E-Letter for market insights, tips, tricks, and special bonuses.

Sign Up Now
all-as-seen-on-logos