Markets' Mind Still on the Hawkish FedS&P 500 INDEX MODEL TRADING PLANS for FRI. 09/22
As our daily trading plans reinforced before the FOMC meeting yesterday: "...any indications of the Fed potentially pivoting to "being done" can spark a frenzied rally in the coming weeks but any unexpectedly hawkish indications could further accelerate the downward push. Nobody has the crystal ball that can tell which way this could go until after the FOMC meeting". The unexpectedly hawkish Fed stance drove the markets down and continuing to push it lower this morning.
Our published trading plans on Friday, 09/15 stated: "Models continue to indicate that the index has to close above 4507 on a daily close basis to flip to a bullish bias. Between 4460 and 4507, models indicate an indeterminate bias". This week's 4505 level could be the top for the near term. A daily close above 4440 is needed for our models to turn bullish again.
Aggressive, Intraday Trading Plans:
For today, our aggressive intraday models indicate going long on a break above 4403, 4376, 4365, 4354, or 4342 with a 9-point trailing stop, and going short on a break below 4400, 4361, 4350, 4339, or 4329 with a 9-point trailing stop.
Models indicate explicit long exits on a break below 4332, and explicit short exits on a break above 4369 or 4373. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 10:31am EST or later.
By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention).
To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals.
(WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc.), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #softlanding, #cpi, #ppi, #FOMC
Emini
Trading Plans for THU. 09/21 - Market Bull Goldilocks No MoreS&P 500 INDEX MODEL TRADING PLANS for THU. 09/21
As our daily trading plans reinforced before the FOMC meeting yesterday: "...any indications of the Fed potentially pivoting to "being done" can spark a frenzied rally in the coming weeks but any unexpectedly hawkish indications could further accelerate the downward push. Nobody has the crystal ball that can tell which way this could go until after the FOMC meeting". The unexpectedly hawkish Fed stance drove the markets down and continuing to push it lower this morning.
Our published trading plans on Friday, 09/15 stated: "Models continue to indicate that the index has to close above 4507 on a daily close basis to flip to a bullish bias. Between 4460 and 4507, models indicate an indeterminate bias". With the index closing just below the lower end of this range (at 4450.32), these levels are still broadly applicable for this week. This week's 4505 level could be the top for the short term, and the 4507 level needs to be broken above for any meaningful bullishness to return to the markets.
Aggressive, Intraday Trading Plans:
For today, our aggressive intraday models indicate going long on a break above 4452, 4421, 4403, or 4376 with a 9-point trailing stop, and going short on a break below 4448, 4435, 4416, 4400, or 4367 with a 9-point trailing stop.
Models indicate explicit long exits on a break below 4373, and explicit short exits on a break above 4440. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 11:31am EST or later.
By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention).
To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals.
(WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc.), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #softlanding, #cpi, #ppi, #FOMC
Trading Plans for WED. 09/20 - The Fed Inflation Fight Still On?S&P 500 INDEX MODEL TRADING PLANS for WED. 09/20
While the interest rate decision of the Fed at this week's meeting is a foregone conclusion, it is the semantics of Chair Powell's presser that the markets are going to obsess over. And, for the right reasons, as any indications of the Fed potentially pivoting to "being done" can spark a frenzied rally in the coming weeks but any unexpectedly hawkish indications could further accelerate the downward push. Nobody has the crystal ball that can tell which way this could go until after the FOMC meeting.
Our published trading plans on Friday, 09/15 stated: "Models continue to indicate that the index has to close above 4507 on a daily close basis to flip to a bullish bias. Between 4460 and 4507, models indicate an indeterminate bias". These levels are still broadly applicable.
Aggressive, Intraday Trading Plans:
For today, our aggressive intraday models indicate going long on a break above 4471, 4463, 4452, 4441, or 4426 with a 9-point trailing stop, and going short on a break below 4420, 4437, 4448, 4460, or 4468 with a 9-point trailing stop.
Models indicate explicit long exits on a break below 4434, and explicit short exits on a break above 4433. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 02:01pm EST or later.
By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention).
To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals.
(WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc.), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #softlanding, #cpi, #ppi, #FOMC
Bulls and Bears zone for 09-20-2023Yesterday afternoon market recovered after selling off in the morning.
Today is Fed Day and volatility could be high in the afternoon as well.
Level to watch 4502 --- 4504
Report to watch:
US:EIA Petroleum Status Report
10:30 AM ET
US:FOMC Announcement
2:00 PM ET
US: Fed Chair Press Conference
2:30 PM ET
Trading Plans for THU. 09/14 - PPI and Initial Jobless ClaimsS&P 500 INDEX MODEL TRADING PLANS for THU. 09/14
As of the latest trading plans we published yesterday, Wed. 09/13: "Our models indicate bearish bias for positional trades while the index is below 4470 on a daily close basis. The index has to close above 4507 for our models to abandon the bearish bias".
Just like the CPI numbers yesterday, the PPI numbers and the Initial Jobless Claims this morning came in a way that leaves room for subjective interpretations of being pro-bulls or pro-bears. The pre-session price action following the PPI and Jobless claims numbers this morning prompted our models to update their bias from bearish to neutral/indeterminate. Models continue to indicate that the index has to close above 4507 on a daily close basis to flip to a bullish bias. Between 4460 and 4507, models indicate a neutral/indeterminate bias.
Aggressive, Intraday Trading Plans:
For today, our aggressive intraday models indicate going long on a break above 4487, 4471, or 4450 with a 9-point trailing stop, and going short on a break below 4484, 4467, 4456, or 4448 with a 9-point trailing stop.
Models indicate explicit short exits on a break above 4449. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 09:31am EST or later.
By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention).
To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals.
(WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc.), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #softlanding, #cpi, #ppi, #initialjoblessclaims, #joblessclaims
CPI – Inflation, Disinflation, but No RecessionS&P 500 INDEX MODEL TRADING PLANS for WED. 09/13
Our trading plans published yesterday stated: "Our current bearish bias for positional trading continues, with the bear case appearing a little more plausible in the coming days. It is hard to find what unexpected bullish scenarios could evolve in the near future, so bulls need to be a bit cautious with their current gains. Taking some money off the table could be prudent".
This morning's CPI numbers have something for everyone, leaving room for both bulls and bears to adapt them to their case. Immediately after the release, yields spiked up, but then fell back down...essentially leaving everything open to one's own interpretation. It remains to be seen if tomorrow's PPI numbers will be any more clarifying than that.
Our models indicate bearish bias for positional trades while the index is below 4470 on a daily close basis. The index has to close above 4507 for our models to abandon the bearish bias.
Aggressive, Intraday Trading Plans:
For today, our aggressive intraday models indicate going long on a break above 4487, 4480, 4465, or 4450 with a 9-point trailing stop, and going short on a break below 4485, 4475, 4456, or 4448 with a 9-point trailing stop.
Models indicate explicit long exits on a break below 4463, and short exits on a break above 4459. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 09:31am EST or later.
By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention).
To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals.
(WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc.), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #softlanding, #cpi
Trading Plans for TUE. 09/12 - Spikey Consolidation, ContinuedS&P 500 INDEX MODEL TRADING PLANS for TUE. 09/12
Our current bearish bias for positional trading continues, with the bear case appearing a little more plausible in the coming days. It is hard to find what unexpected bullish scenarios could evolve in the near future, so bulls need to be a bit cautious with their current gains. Taking some money off the table could be prudent.
Our models indicate bearish bias for positional trades while the index is below 4470 on a daily close basis. The index has to close above 4507 for our models to abandon the bearish bias.
Aggressive, Intraday Trading Plans:
For today, our aggressive intraday models indicate going long on a break above 4490, 4473, or 4450 with an 8-point trailing stop, and going short on a break below 4487, 4478, 4463, or 4448 with a 9-point trailing stop.
Models indicate explicit long exits on a break below 4470, and short exits on a break above 4481 or 4466. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 10:36am EST or later.
By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention).
To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals.
(WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc.), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #softlanding
Trading Plans for MON. 09/11 - Potential Spike-up Ahead?S&P 500 INDEX MODEL TRADING PLANS for MON. 09/11
Our current bearish bias for positional trading notwithstanding, our intraday models point to a possible spike up today. Shorts need to be patient and not jump the gun but wait for confirmation for initiating any new shorts.
Our models indicate bearish bias for positional trades while the index is below 4470 on a daily close basis. The index has to close above 4507 for our models to abandon the bearish bias.
Aggressive, Intraday Trading Plans:
For today, our aggressive intraday models indicate going long on a break above 4492, 4483, 4475, 4466, or 4459 with an 8-point trailing stop, and going short on a break below 4487, 4480, 4472, or 4448 with a 9-point trailing stop.
Models indicate explicit long exits on a break below 4463 or 4457, and short exits on a break above 4450. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 09:36am EST or later.
By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention).
To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals.
(WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc.), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #softlanding
Bulls and Bears zone for 09-08-2023Yesterday was a positive day after three straight down days. Can traders end the week with a positive day which remains to be seen.
Any test of ETH session High could provide direction for the day.
Level to watch: 4454 --- 4456
Report to watch:
US: Wholesale Inventories (Preliminary)
10:00 AM ET
Trading Plans for FRI. 09/08 - Back to the Basics - Day 2S&P 500 INDEX MODEL TRADING PLANS for FRI. 09/08
As we wrote in our trading plans published yesterday, Thu. 09/07: "The index failed to close below 4450 yesterday, but showed continued weakness. The price action in the pre-market session after the Initial Jobless Claims is showing the potential for further weakness to develop. The retail positioning and the retail sentiment reinforce our view for a downward push to follow in the coming days. Rising yields are renewed concern for the bulls". This bias is still applicable for today.
Our models are sporting outright bearish bias for positional trades while the index is below 4470. The index has to close above 4507 for our models to abandon the bearish bias.
Aggressive, Intraday Trading Plans:
For today, our aggressive intraday models indicate going long on a break above 4483, 4472, 4459, 4455, 4444, or 4436 with an 8-point trailing stop, and going short on a break below 4480, 4468, 4448, 4441, or 4434 with a 9-point trailing stop.
Models indicate explicit long exits on a break below 4457 or 4453, and short exits on a break above 4450. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 09:31am EST or later.
By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention).
To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals.
(WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc.), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #softlanding, #risingyields, #initialjoblessclaims
Trading Plans for THU. 09/07 - Back to the BasicsS&P 500 INDEX MODEL TRADING PLANS for THU. 09/07
As we wrote in our trading plans published yesterday, Wed. 09/06: "In this morning's session so far, markets continue to be listless with the bias sliding towards mildly bearish. Nevertheless, bears need to wait for a confirmation before taking any positional shorts - a daily close below 4450 today might give that confirmation".
The index failed to close below 4450 yesterday, but showed continued weakness. The price action in the pre-market session after the Initial Jobless Claims is showing the potential for further weakness to develop. The retail positioning and the retail sentiment reinforce our view for a downward push to follow in the coming days. Rising yields are renewed concern for the bulls.
Our models are sporting outright bearish bias for positional trades while the index is below 4470. The index has to close above 4507 for our models to abandon the bearish bias.
Aggressive, Intraday Trading Plans:
For today, our aggressive intraday models indicate going long on a break above 4490, 4472, 4445, or 4419 with an 8-point trailing stop, and going short on a break below 4488, 4468, 4457, 4442, or 4415 with a 9-point trailing stop.
Models indicate explicit short exits on a break above 4459. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 09:31am EST or later.
By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention).
To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals.
(WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc.), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #softlanding, #risingyields, #initialjoblessclaims
Consolidation, ContinuedS&P 500 INDEX MODEL TRADING PLANS for WED. 09/06
As we wrote in our trading plans published yesterday, Tue. 09/05: "Markets appear searching for a direction, with a mild bias to the upside which appears to be waning. This week could reveal some clues as to the near term direction".
In this morning's session so far, markets continue to be listless with the bias sliding towards mildly bearish. Nevertheless, bears need to wait for a confirmation before taking any positional shorts - a daily close below 4450 today might give that confirmation.
Aggressive, Intraday Trading Plans:
For today, our aggressive intraday models indicate going long on a break above 4501, 4490, 4472, or 4445 with a 8-point trailing stop, and going short on a break below 4496, 4488, 4468, 4459, or 4442 with a 9-point trailing stop.
Models indicate explicit short exits on a break above 4462. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 11:46am EST or later.
By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention).
To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals.
(WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc.), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #softlanding, #oilprices
Consolidation Week Ahead?S&P 500 INDEX MODEL TRADING PLANS for TUE. 09/05
As we wrote in our trading plans published Fri. 09/01: "The NFP numbers paint a picture of potentially the hoped-for Goldilocks scenario could continue into the next Fed meeting, continue to push up the markets higher. On the flip side, any weakness in today's regular session could indicate the beginning of the end of the recent bull run".
Markets appear searching for a direction, with a mild bias to the upside which appears to be waning. This week could reveal some clues as to the near term direction.
Aggressive, Intraday Trading Plans:
For today, our aggressive intraday models indicate going long on a break above 4432, 4418, or 4502 with a 9-point trailing stop, and going short on a break below 4528, 4516, 4498, or 4488 with a 9-point trailing stop.
Models indicate explicit long exits on a break below 4510, and short exits on a break above 4491. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 10:41am EST or later.
By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention).
To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals.
(WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc.), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #softlanding, #oilprices
NFP Numbers and the GoldilocksS&P 500 INDEX MODEL TRADING PLANS for FRI. 09/01
As we wrote in our trading plans published Mon. 08/28: “If we get a daily close above 4415 today then our models will flip to a moderately bullish bias. If not, they will continue to sport their bearish bias”. We got this confirmation with Monday's close, and our models have turned cautiously bullish on Tue. 08/29. Ever since, the markets have been on the upswing heading into - and, post - the NFP numbers release this morning.
The NFP numbers paint a picture of potentially the hoped-for Goldilocks scenario could continue into the next Fed meeting, continue to push up the markets higher. On the flip side, any weakness in today's regular session could indicate the beginning of the end of the recent bull run.
Aggressive, Intraday Trading Plans:
For today, our aggressive intraday models indicate going long on a break above 4568, 4547, 4532, 4509, or 4491 with a 9-point trailing stop, and going short on a break below 4565, 4543, 4517, 4506, or 4488 with a 9-point trailing stop.
Models indicate explicit long exits on a break below 4555 or 4529, and short exits on a break above 4559 04 4522. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 09:31am EST or later.
By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention).
To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals.
(WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc.), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #earnings, #usdebt, #bankdowngrades, #nfp, #jobs, #nonfarmpayrolls, #payrolls
Bulls and Bears zone for 08-30-2023S&P 500 has three consecutive days of positive Close this week. Could traders make it four, we will find out later on today.
Any test of yesterday's Close could provide direction for the day.
Level to watch 4507 --- 4509
Report to watch:
US: Pending Home Sales Index
10:00 AM ET
US:EIA Petroleum Status Report
10:30 AM ET
Bounce Above 4400 Sustainable? Day 3S&P 500 INDEX MODEL TRADING PLANS for FRI. 08/25
Notwithstanding Chair Powell's Jackson Hole speech, our models continue to not give credence to the bounce above 4400 in SPX. We need confirmatory signs before we negate our bearish bias.
In our trading plans published Thu. 08/17, we wrote: "The index is approaching the 4400 level this morning. If it breaks down, then 4385 will be the next support". The index closed below that level on Thursday, and took down multiple support levels since then, and our models' bias has turned outright bearish on Friday, and will remain bearish while the daily close is below 4400.
As we wrote in our trading plans published yesterday, Thu. 08/23: "It remains to be seen if this morning's surge above 4400 will be convincing enough for our models to abandon the bearish bias by tomorrow". Based on the early session action, we are not abandoning our bearish bias yet. We will reevaluate this on Monday.
Aggressive, Intraday Trading Plans:
For today, our aggressive intraday models indicate going long on a break above 4433, 4421, 4407, 4384, 4372, or 4356 with a 8-point trailing stop, and going short on a break below 4430, 4417, 4405, 4381, 4367, or 4353 with a 9-point trailing stop.
Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 10:31am EST or later.
By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention).
To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals.
(WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc.), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #earnings, #usdebt, #bankdowngrades, #nvidia
Bounce Above 4400 Sustainable? Day 2S&P 500 INDEX MODEL TRADING PLANS for THU. 08/24
In our trading plans published Thu. 08/17, we wrote: "The index is approaching the 4400 level this morning. If it breaks down, then 4385 will be the next support". The index closed below that level on Thursday, and took down multiple support levels since then, and our models' bias has turned outright bearish on Friday, and will remain bearish while the daily close is below 4400.
As we wrote in our trading plans published yesterday, Thu. 08/23: "It remains to be seen if this morning's surge above 4400 will be convincing enough for our models to abandon the bearish bias by tomorrow". Based on the early session action, we are not abandoning our bearish bias yet. We will reevaluate this on Monday.
Aggressive, Intraday Trading Plans:
For today, our aggressive intraday models indicate going long on a break above 4477, 4463, 4452, 4433, 4421, or 4407 with a 8-point trailing stop, and going short on a break below 4460, 4448, 4430, 4417, or 4405 with a 9-point trailing stop.
Models indicate explicit long exits on a break below 4474. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 09:46am EST or later.
By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention).
To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals.
(WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc.), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #earnings, #usdebt, #bankdowngrades, #nvidia
Morning Bounce Above 4400 Sustainable?S&P 500 INDEX MODEL TRADING PLANS for WED. 08/23
In our trading plans published Thu. 08/17, we wrote: "The index is approaching the 4400 level this morning. If it breaks down, then 4385 will be the next support". The index closed below that level on Thursday, and took down multiple support levels since then, and our models' bias has turned outright bearish on Friday, and will remain bearish while the daily close is below 4400.
While the index is between 4400 and 4350, expect sideways consolidation and a choppy market. It remains to be seen if this morning's surge above 4400 will be convincing enough for our models to abandon the bearish bias by tomorrow.
Aggressive, Intraday Trading Plans:
For today, our aggressive intraday models indicate going long on a break above 4430, 4419, 4401, or 4392 with a 9-point trailing stop, and going short on a break below 4425, 4416, 4405, 4399, or 4388 with a 9-point trailing stop.
Models indicate explicit short exits on a break above 4407. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 12:01pm EST or later.
By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention).
To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals.
(WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc.), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #earnings, #usdebt, #bankdowngrades
Bulls Need a Daily Close Above 4400S&P 500 INDEX MODEL TRADING PLANS for TUE. 08/22
In our trading plans published Thu. 08/17, we wrote: "The index is approaching the 4400 level this morning. If it breaks down, then 4385 will be the next support". The index closed below that level on Thursday, and took down multiple support levels since then, and our models' bias has turned outright bearish on Friday, and will remain bearish while the daily close is below 4400.
While the index is between 4400 and 4350, expect sideways consolidation and a choppy market. It remains to be seen if this morning's attempt to push the index above 4400 will sustain till the end of the session.
Aggressive, Intraday Trading Plans:
For today, our aggressive intraday models indicate going long on a break above 4415, 4408, 4400, 4392, or 4381 with an 8-point trailing stop, and going short on a break below 4413, 4406, 4397, 4388, or 4369 with a 9-point trailing stop.
Models indicate explicit long exits on a break below 4378, and explicit short exits on a break above 4371. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 10:01am EST or later.
By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention).
To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals.
(WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc.), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #earnings, #usdebt, #fitch
Sideways Between Key LevelsS&P 500 INDEX MODEL TRADING PLANS for MON. 08/21
In our trading plans published Thu. 08/17, we wrote: "The index is approaching the 4400 level this morning. If it breaks down, then 4385 will be the next support". The index closed below that level on Thursday, and took down multiple support levels since then, and our models' bias has turned outright bearish on Friday, and will remain bearish while the daily close is below 4400.
While the index is between 4400 and 4350, expect sideways consolidation and a choppy market.
Aggressive, Intraday Trading Plans:
For today, our aggressive intraday models indicate going long on a break above 4402, 4387, 4373, 4351, or 4341 with an 8-point trailing stop, and going short on a break below 4398, 4383, 4361, 4348, or 4339 with a 9-point trailing stop.
Models indicate explicit long exits on a break below 4370, and explicit short exits on a break above 4365. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 12:46pm EST or later.
By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention).
To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals.
(WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc.), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #earnings, #usdebt, #fitch
Trading Plans for FRI. 08/18 - Key Support Levels BrokenS&P 500 INDEX MODEL TRADING PLANS for FRI. 08/18
To start the week, our trading plans published on Monday, 08/14, stated: "The level of 4495-4505 is now the immediate key level for both Support and Resistance. 4445-4452 is the next support level, a daily close below which will turn our models cautiously bearish". On Wednesday, this level was breached.
In our trading plans published yesterday, Thu. 08/17, we wrote: "The index is approaching the 4400 level this morning. If it breaks down, then 4385 will be the next support". The index closed below that level yesterday, and is taking down multiple support levels this morning.
Our models' bias has turned outright bearish today, and will remain bearish while the daily close is below 4410.
Aggressive, Intraday Trading Plans:
For today, our aggressive intraday models indicate going long on a break above 4402, 4379, 4368, 4356, or 4341 with an 8-point trailing stop, and going short on a break below 4398, 4390, 4377, 4365, 4353, or 4339 with a 9-point trailing stop.
Models indicate explicit long exits on a break below 4427 or 4405, and explicit short exits on a break above 4392. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 11:36am EST or later.
By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention).
To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals.
(WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc.), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #earnings, #usdebt, #cpi, #ppi, #fitch, #fomcminutes