spytradingpro

spytradingpro

📊 Market Sentiment: Neutral to Bullish 📈 The Markets Overnight 🌏 Asia: Mixed, China down a lot 🌍 Europe: Up a bit 🌎 US Index Futures: Up a bit 🛢 Crude Oil: Up a bit 💵 Dollar: Down slightly 🧐 Yields: Down 🔮 Crypto: Down 🌏 Major Global Catalysts COP28 deal calls for the tripling of renewable energy capacity by 2030 and the eventual phase-out of fossil...

spytradingpro

📊 Market Sentiment: Neutral to Bullish 📈 The Markets Overnight 🌏 Asia: Up 🌍 Europe: Up slightly 🌎 US Index Futures: Very near unchanged after declining 🛢 Crude Oil: Down a lot 💵 Dollar: Down slightly 🧐 Yields: Down slightly but well off the lows 🔮 Crypto: Up 🌏 Major Global Catalysts CPI inflation prints very slightly hotter m/m, inline with expectations. ...

spytradingpro

📊 Market Sentiment: Bullish Both the 4-hour and daily data indicate a bullish sentiment for the S&P 500 Index Futures, with closing prices consistently above the 9, 21, and 55 EMAs. 🔄 Market Recap Last Thursday's rally from 4556 to 4590 occurred on a textbook failed breakdown. This was followed by another squeeze after the NFP release last Friday, due to yet...

spytradingpro

📊 Market Sentiment: Bullish The current market sentiment is bullish, as indicated by various key factors. The closing prices are consistently above the Exponential Moving Averages (EMAs) for 9, 21, and 55 periods in both the 4-hour and daily datasets, highlighting a positive trend. Additionally, the market is maintaining levels above key support zones while...

spytradingpro

📊 Market Sentiment: Neutral The immediate market conditions lack a strong bullish drive, thus leaning towards neutrality in the short term. 🔄 Market Recap November proved to be a bullish month, with the ES rallying over 450 points, demonstrating remarkable resilience. However, since November 20th, ES has been in a consolidation phase, oscillating within a...

spytradingpro

📊 Market Sentiment: Neutral We remain in consolidation, holding between 4550-55 support and 4575-80 resistance. 🔄 Recap After rallying 460 points from October 27th to November 22nd, ES has been stuck in consolidation for two weeks. The market has been largely stuck between 4550-55 support, and 4575-80 resistance, making the round trip countless times. 📈 The...

spytradingpro

📊 Market Sentiment: Neutral to Bearish The S&P 500 Index Futures have been hovering in a choppy zone between 4550-4580, presenting a challenging environment with limited predictability. Despite the uncertainty, the overall trend remains slightly bullish, contingent on the key support level of 4555 holding firm. It's imperative for traders to acknowledge the...

spytradingpro

📊 Market Sentiment: Neutral to Bearish As December unfolds, the market sentiment leans towards a neutral to slightly bearish outlook. This cautious stance reflects the global financial landscape's current dynamics and the anticipation of key economic events. 🔄 Recap November stood out as the most bullish month of the year, showcasing a significant rally of +470...

spytradingpro

📊 Market Sentiment Neutral to Short-Term Bearish: Entering December, market sentiment is mixed with a cautious outlook. Traders are closely watching Jay Powell's speeches for potential market-moving insights. After a record-breaking November, markets are consolidating, suggesting a period of uncertainty. 🔄 Recap November concluded with a mix of bullish runs and...

spytradingpro

📊 Market Sentiment Neutral to Short-Term Bearish: Today's market sentiment is cautiously optimistic, with global markets showing modest gains. The anticipation of the COP28 Climate Change Conference in Dubai is influencing global sentiment, and the US Index Futures are trending upwards. Notably, crude oil is experiencing a strong surge. 🔄 Recap The S&P 500...

spytradingpro

📊 Market Sentiment Neutral to Short-Term Bearish: Current indicators suggest a cautious approach, with a lean towards a short-term bearish outlook amid mixed global signals. 🔄 Recap In today’s issue, we delve into the performance of S&P 500 Futures, analyzing the recent consolidation phase after a notable rally. We examine the tight trading range that has...

spytradingpro

📊 Recap Today's newsletter provides a comprehensive look at the current market situation, emphasizing the S&P 500 Futures and the essential strategies for upcoming trading sessions. 📈 The Markets Overnight Asia: Mixed Europe: Down a bit US Index Futures: Down slightly Crude Oil: Up a bit Dollar: Down slightly Yields: Up slightly Crypto: Up slightly ...

spytradingpro

🔄 Recap In the past month, the S&P 500 Index Futures (ES) has demonstrated an unusual bullish trend, closing four consecutive green weeks. Notably, after breaking out of a downtrend channel on November 14th at 4425, the market has largely maintained an upward trajectory. This breakout signifies a classic technical analysis pattern typically seen in 4-month...

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🔄 Recap The S&P 500 futures (ES) are continuing the seasonally bullish trend of Thanksgiving week. Recently, ES exhibited a bullish triangle pattern around the 4536 resistance, leading to a breakout that aligns with our analysis from the last newsletter. 📈 The Markets Overnight 🌏 Asia: Down a bit 🌍 Europe: Up 🌎 US Index Futures: Trending Up 🛢 Crude Oil: Down...

spytradingpro

🔄 Recap Todays price action highlighted the power of technical analysis, with ES breaking out of a 4-month downtrend post-CPI, rallying 120 points. The market formed a bullish triangle pattern last week, which led to a breakout and an upward trajectory today, aligning perfectly with our analysis from the last newsletter. 📈 The Markets Overnight 🌏 Asia: Mixed 🌍...

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🔄 Recap Last week's newsletter accurately predicted the market's behavior with the CPI acting as a catalyst for a significant breakout from the core downtrend channel. This led to a substantial uptrend, marking one of the year's pivotal trades. 📈 The Markets Overnight 🌏 Asia: Up 🌍 Europe: Mixed near unchanged 🌎 US Index Futures: Up slightly 🛢 Crude Oil: Up...

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🔄 Recap This week's market activity showcased the transition between trend and consolidation phases. Friday exhibited a strong uptrend, while Monday shifted to a consolidation mode. Notably, the breakout from the downtrend channel and CPI data fueled a significant rally. However, the consolidation session resumed post-rally, raising questions about a potential...

spytradingpro

🔄 Recap This week's market activity showcased the transition between trend and consolidation phases. Friday exhibited a strong uptrend, while Monday shifted to a consolidation mode. Notably, the breakout from the downtrend channel and CPI data fueled a significant rally. However, the consolidation session resumed post-rally, raising questions about a potential...