Directionless Trading to Continue into the G-20 Summit Weekend With the interest rate cut hopes drying up, a trade war resolution is the next best thing to boost the markets. Until then, it would likely be a directionless, choppy trading in a tight range. The chart shows the trading plans indicated for today by our models (for further details, please check our...
Results of our models' trading plans (published in the morning) are now available. Anyone can verify/cross-check the triggering of these trades from any source that provides charts. GIST: ------- Medium-Frequency Models: No trades planned for the day. Aggressive, Intra-day Models: No trades triggered for the day, as the models missed a short entry by 1.5...
Powell's Diffidence-turned-Dissidence to Torpedo Markets Buoyed by Rate-cut Hope/Hype? Can the markets sustain Powell's dashing of interest-rate-cut hopes? Our models are closely monitoring the market action patterns for any clues and are not clear about an answer to that as of now. Check out below the trading plans indicated for today by our models: (not...
Results of our models' trading plans (published in the morning) are now available. Anyone can verify/cross-check the triggering of these trades from any source that provides charts. GIST: ------- Medium-Frequency Models: No trades planned for the day. Aggressive, Intra-day Models: No trades triggered for the day, as the models missed a short entry by 1.5...
Markets to Look at Consumer Confidence and Powell's Diffidence for Direction Last week's record highs in the markets were driven by the Fed's stand on standing pat on the interest rates. Today's consumer confidence numbers could throw some light onto their rationale. And, Chairman Powell's remarks later today (at 1pm ET) could be what the markets are looking for...
Results of our models' trading plans (published in the morning) are now available. Anyone can verify/cross-check the triggering of these trades from any source that provides charts. GIST: ------- Medium-Frequency Models: No trades planned for the day. Aggressive, Intra-day Models: Triggered two longs and one short, leading to a net loss of 1.72 index points,...
Thursday's Raging Bull Essentially Stood its Ground on Friday! Can it Continue to Hold its Territory? Last Thursday's all time high in the S&P 500 Index was accompanied by the month's second highest volume, shooting down concerns of weak volumes. And, it was followed by an essentially sustained highs with Friday's significantly high volume as well. Was it the...
Results of our models' trading plans for the day are published on our site. Anyone can verify/cross-check the triggering of these trades from any source that provides charts. GIST: ------- Medium-Frequency Models: No trades planned for the day. Aggressive, Intra-day Models: Triggered three longs and one short, leading to a net gain of 1.11 index...
New Leg of the next Bull Run or the Last Gasp? Yesterday's all time highs were accompanied by the month's second highest volume, shooting down concerns of weak volumes. Was it the beginning of another leg of the bull run or is it going to prove to be the last gasp of the market bull? We do not know the answer and we believe nobody can know the answer! We do...
The gap we cautioned about on the S&P 500 Index is now filled! Time to get on the bull train? According to the trading plans published in the morning, our aggressive models have closed a positive short trade and are now long, with a trailing stop. For further details on the trading plans, please check at our site. For timely notification of published...
Jumping Into the Gaps Can be Dangerous - with a Real Train or the Bull Train If you missed the bull train, don't try to rush into the gaps! Our medium-frequency models are in an indeterminate state with no trading today. Our aggressive intraday models indicate trading off of the 2848 level as the pivot point for both long and short sides, with an...
The chart shows the outcomes of the model trades published in the morning - as intended, the models avoided getting whipsawed and stayed out of the market as there was no major move in the market post the FOMC rate decision. Keep your powder dry, for tomorrow is another day of opportunity and risk. Good night!
When Everyone and Their Grandmother "Knows" What the Fed and the Market are Going to Do... When everything looks and feels so obvious and everyone knows what the market is going to do ("Fed indicates they are going to lower the interest rates soon, and the market rockets upwards", of course), it might be time to pause a bit and let the noise settle down....
Updated chart levels to reflect the morning's published levels on the chart. For the original chart levels published in the morning, please see:
The chart depicts how the trading plans published in the morning - idea published on TradingView at 9:52am - tracked the market action. You can read the detailed results tracking at our site tradersAI. Hope you all had a good trading day, and if not, remember that tomorrow is another day of opportunity to utilize the lessons learned and the experience gained....
Markets Waiting for the Fed Tomorrow to Unwind The following trading plans are indicated for the regular session today: Note: For the trades to trigger, the breaks should occur during regular session hours starting at 9:30am ET. Due to the intraday nature of the aggressive models, they indicate closing any open trades at 3:55pm and remaining flat into...
The chart shows how our A.I. Powered Model Trades tracked the S&P 500 Index today. For detailed results of hypothetical trades based on these trading levels, check back after 7pm ET at tradersaiDotCom.
With the markets hoping for a cut, the stakes are high on how the Fed is going to balance whatever stand they take this week. The chart shows our A.I. powered models' trading plans for the day! For details, please read the published outlook at tradersaiDotCom Good luck with your trading today!