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SM Stock Market Method

Market Close Recap — May 27 | SCHW, GM, NIO

TL;DR

Schwab broke down on double the average volume, GM surged, and NIO posted a double-digit gain. Here is what the tape is actually showing us right now.

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“Schwab broke down on double the average volume, GM surged, and NIO posted a double-digit gain. Here is what the tape is actually showing us right now.”
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Where this fits in the Confluence Method

This lesson lives in the Stack step of the Confluence Method, where you confirm a trigger, price action and structure and a key level before a setup qualifies as a trade.

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Thumbnail for Pre-Market Brief — Jun 04 | BTC-USD, ETH-USD, RIVN 3:25
Momentum

Pre-Market Brief — Jun 04 | BTC-USD, ETH-USD, RIVN

Crypto sliding, gold surging, and defensive sectors taking the lead — the market is sending some clear risk-off signals heading into Thursday's open. Pre-market on Thursday June 4th, and the crypto complex is under real pressure — Bitcoin and Ethereum are both sliding hard overnight, while Rivian Automotive is moving in the opposite direction with a sharp early gain.