TradersAIDotCom

TRADERSAI - A.I. POWERED MODEL TRADES for TODAY, TUE 08/20

SP:SPX   S&P 500 Index
Not Done Yet! 

The roller coaster ride of the last few weeks does not seem to end any time soon, as neither the bulls nor the bears have any advantage here as of now. Hence, investors need to be nimbler and more agile than usual if want to trade in these markets. Or, have deep pockets and be able to sit tight when the markets go against your positions if you have serious conviction in them.

While our medium-frequency models indicate no clear bias to either side, they indicate not going short while the index is above 2900. Read below for our models' trading plans for the day. Good luck with your trading and/or trading education! 

tradersai.com/sp-500...for-today-tue-08-20/

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) 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.

#ES #ESMINI #SP500 #SPX #SPY #Fed #China #Yuan #Yields #Rates #Tariffs #Tradewar #recession

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.