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TRADERSAI - A.I. Powered Model Trades for Today, MON 08/05

SP:SPX   S&P 500 Index
Trade War Chaos...Explained by Laws of Physics!

Those who thought we could just bull doze our way through global trade wars without even a scratch, need to look no further than Physics 101 to appreciate the fact that there will be repercussions to our own economy from a trade war with a major trade "partner". It may or may not prove to be long lasting or really damaging - only time can tell.

For now, markets are acting as if investors are just waking up to the possibility of any damage at all - at least it appears so in the overnight futures markets. It may or may not set the tone for the week - our models indicate waiting for the daily close today to make a near term directional call.

Retail traders need to be doubly careful to not get sucked into whipsaw moves in either direction as the spikes could be pronounced with no major directional move at the end. Read below for our models' trading plans for the day.

tradersai.com/sp-500...tlook-for-mon-08-05/

#ES #ESMINI #SP500 #SPX #SPY #Fed #Powell #NFP #Jobs #Payrolls #Rates #Earnings

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 (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.


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