SHOP breaks and hold 65 now 63 buy 30 days out calls Watch video for ES and SPX Idea ..key level for open and 10 Bank orders. ES 5443-5438.. Setup bull target 5468 Setup bear target 5413 Stay Frosty!
On Friday, the S&P 500 in the last part of the session began to fall with some force. And today, we have seen that it has fallen and opened below the support zone at 4.998 The question we have to ask ourselves is: What does this mean? Does it mean it will continue to fall? Has a roof formed? Last Friday, the options contracts expired. This meant the...
If you are going to let Retail sales come out today and 'Guess' the outcome...It's gonna hurt. Let the market move to higher Reasonable Resistance and/or fall to comfy Support. We can NOTE our future zone slightly above recent highs due to lack of downside impetus. Recent news has fed rate hike fears but nonetheless various global markets continue to push...
So Comment From Fed's Powell regarding interest rate movement upwards shifted the S&P. That means we can look short as we reach Key former resistance. We can shift our bias as we break the recent highs (Expectedly) and space / water down positions as PA is strong to the upside. Take it light do not weigh in heavy.
SPXUSD daily guidance is cautiously bearish. Recommended ratio: 35% SPX, 65% Cash. * BOUNCE WATCH . US September Building Permits came in 1.4% higher than in August while Housing Starts registered 8.1% lower , following a recent trend of builders making more plans to build but being unable to start. Several factors contributing to this include average 30yr...
SPXUSD daily guidance is neutral with a bullish bias. Recommended ratio: 52% BTC, 48% Cash. * SHORT SQUEEZE WATCH . US September CPI came in 0.4% higher than in August compared to a 0.1% increase from July to August , and CPI without Food + Energy came in 0.6% higher, signifying that the decrease in fuel prices wasn't enough to slow inflation. This leaves...
Hey Guys, In this video you shall see what it is to understand the SPX Market at current value. Watch to learn!
We Previously looked short before the recent fall... But where will you RE long? How will you trade on a rise? What will your RM plan look like? All Very important stuff! Watch to learn.
It is always important to NOT Overtrade based on market sentiment. You will always land to early Long zones amidst mixed or poor sentiment providing exits INTRADAY. Trade LIGHT in times like this and look for faster exits. Remember to SCALE if we fall lower.
SPX Daily bullish. Recommended ratio: 88% SPX, 12% Cash. * CRITICAL RESISTANCE WATCH . The BEA reported June PCE numbers this morning and both came in higher than last month: Core PCE (sans Food and Energy) came in at 4.8% vs 4.7% last month (also had a 4.7% consensus estimate) and PCE Index came in at 6.8% (20 year high) vs 6.3% in the previous two months....
SPX Daily neutral with a bullish bias. Recommended ratio: 55% SPX, 45% Cash. * BULL TRAP WATCH . META missed on both earnings and revenue estimates in addition to seeing their first drop in revenue growth; they predict that this trend will continue in Q3 and perhaps the rest of the year. Fed announced a 75bps hike today and Chairman JPow iterated that we aren't...
When Trading Futures Markets you need to understand value and Core Risk management. Investors use Equity markets as a means of collecting value, buying low and selling high. This is because equities are an amalgamation of Stocks based on their current Value. Along with this, core Capital and risk management is key and must be in line with your style. Do not...
Stock will move up-to 3090.65 from current level. SPX is trading in the parallel channel. A value area is creating between the price 3159.88 to 3083.00. A Small resistance have been created at 3159.88
Momentum of SPX The down momentum is less then the up move always in SPX. From the current price of SPX the price will move little down till it's support, as there we can see a small resistance but strong. After reaching its support the price can be bearish and move up. In the chart price is moving slowly in up direction with little penetration towards down....