This naturally rimes with the Nasdaq signals and with the overall global equities outlook.
Here, two opposing forces are the most significant factor;
1) The unfolding (and enduring!) USD strength - Downward pressure;
2) The massive, continuously inbound (to US) capital flows, primarily from Europe - Upward pressure.
Driven by the rapidly unraveling globalization (driven by a Europe which the US decided to turn into a bonfire that is now clearly visible from Alpha-Centauri, and a China which is dying of old age as the demographic apocalypse is hitting hard this year - 2023), these fundamental forces will likely make this year one for the records - especially when it comes index (equities) trading.
Many, many trading opportunities to be expected, throughout this year, probably far more than in other periods.
Laissez le bon temp roule!! ...
Here, two opposing forces are the most significant factor;
1) The unfolding (and enduring!) USD strength - Downward pressure;
2) The massive, continuously inbound (to US) capital flows, primarily from Europe - Upward pressure.
Driven by the rapidly unraveling globalization (driven by a Europe which the US decided to turn into a bonfire that is now clearly visible from Alpha-Centauri, and a China which is dying of old age as the demographic apocalypse is hitting hard this year - 2023), these fundamental forces will likely make this year one for the records - especially when it comes index (equities) trading.
Many, many trading opportunities to be expected, throughout this year, probably far more than in other periods.
Laissez le bon temp roule!! ...
Comment:
Buy it up! - LONG
Comment:
On an additional note;
This looks like its breaking out to the top side. This is normally bullish for the equity indexes.
Trade closed manually:
Made some money here but ...
FLAT, for now.
Comment:
Da trading plan;
Short for now BUT get ready to buy up that Stop Hunt @3840 - something fierce!!
Trade closed: stop reached:
FLAT - for now. (-8 pts)
Trade active:
Buy it up! - LONG
Trade active:
LONG
Trade active:
Buy it up! - LONG
(Bought an awful lot of ESJ 4200 Calls, yesterday, at the bottom.)
(Bought an awful lot of ESJ 4200 Calls, yesterday, at the bottom.)
Comment:
There is an awful lot hanging over this;
SHORT
Trade active:
SHORT
Comment:
This broke out (2 days ago) ...
... and so, it continues to be highly tradeable!! (Just follow the arrows.)
By the end of May the outcome of the purported Ukrainian "Spring offensive" should be quite visible, as well (unlikely to be beneficial for the US & Allies), making for a decisive, final (secondary) top in global equities.
By the end of May the outcome of the purported Ukrainian "Spring offensive" should be quite visible, as well (unlikely to be beneficial for the US & Allies), making for a decisive, final (secondary) top in global equities.
Trade active:
Just follow the arrows.
Trade active:
This is a SHORT, right here!
How could one tell? ...
From this (NQ/SP);
... and, further more, this concurs, as well;
How could one tell? ...
From this (NQ/SP);
... and, further more, this concurs, as well;
Trade closed: target reached:
Chances of an Index rally are quite high here because of this;
Switched to LONG for now with extremely tight stops!
Trade closed manually:
FLAT for now.
Trade active:
Massive SHORT
Comment:
This sucker is done!
LEAN INTO IT!! - SHORT
Comment:
Chances are ...
Comment:
Comment:
Comment:
Where was the SP500 at the end of April (2023)? ...
... and the year before that? ...
... and the year before that??
... and the year before that??
@nemo_confidat
At this moment in time, this is an excellent place to enter LONG, given the clarity of the signals. This also means that very tight Stops can be utilized at these levels since any break, in either direction, is likely to be decisive. Thus, take advantage of this fact and load hard but with very tight stops - providing excellent R/R ratios in either direction. One must stay nimble here but opportunities abound.