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TRADERSAI - A.I. Powered Model Trades for Today, WED 08/07

SP:SPX   S&P 500 Index
Plan your Trades Ahead - and Stick to the Plan - in this Yo-Yo of a Market!

Those who tended to believe that Monday's big drop was done with Tuesday's comeback might be finding themselves caught off guard with the overnight futures falling again. The opening drop may or may not last, but it is more than likely that the volatility is here to stay for some more time. 

Whether you are a novice in the markets or a professional trader, you need to plan your trades ahead (to suit your specific risk tolerance and capital levels) and then stick to that plan in the thick of markets' volatile moves in either direction. That's the best way to avoid getting whipsawed.

Read below for our models' trading plans for the day. 

tradersai.com/sp-500...plans-for-wed-08-07/

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.
#ES #ESMINI #SP500 #SPX #SPY #Fed #China #Yuan #Yields #Rates #Earnings

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