When you look at the historical chart you will see the pattern of why. When you see the stocks in the main news. Remember that this is at the correction level. Right now the market is oversold. The best time to exit your position is when the main news is talking about it. This is not a good short position but a good exit to take profit position. Historically it...
📊 Market Sentiment: Shifting Tides Amidst Volatility Despite a recent downturn, the market remains in a robust uptrend. The S&P 500 Futures experienced a red day, triggering a sell-off, but the bulls are still in play, awaiting a reclaim of certain resistance levels. Critical for the bulls is the 4740 area; holding above this level could initiate upward...
Thursday in the S&P 500 has the possibility of setting up market action for Friday fundamentals like the PCE number. This would mean not looking for a sustained downward move but rather a market that goes sideways or slightly lower leaving a shadow on the bottom.
Dealing in facts and logic, will always give you the best outcome. Using real data and reading between the lines is something anyone, in any walk of Trading can conduct. This story is one that you can see a mile off and one you can use to understand the natural order in which Markets actually work. Within the jungle of trading strategies that rely on all sorts,...
Time to go down. Sold MESH2024 (March) at $4,788 My target is around $4,500.
Shorting ES for a quick Scalp min of 10 ticks lowest leverage.
Going over price ES Over Night. made a new high now testing lower breakout levels. we are starting to see some RSI divergence so we are more defensive today than we have been over the last few weeks.
SPX Higher for Longer? Dead-Cat Bounce? Just the Christmas Rally? Could be a number of things With FED Liquidity increasing and quantitative easing in the US, this may be sustained OR the 'soft landing' theme that has been thrown around for weeks can just be a good big dose of hopeium In the realm of seasonality, SPX doesn't perform overly well during the...
📊 Market Sentiment: Sustained Bullish Sentiment The market has recently demonstrated a notable positive trend, marked by nine consecutive days of gains. This upward movement might align with the phenomenon known as a "Santa Rally," traditionally observed in the stock market towards the end of December and the beginning of January. Typically, this rally is...
With the resilience of the economy, fed holding off on interest rate increases we are seeing continued enthusiasm building in the S&P 500. The expectation for Wednesday would be new highs but not a large move.
For GLOBEX today: This on the picture is levels for Globex. I'll reassess prep before RTH opens but so far: 1. Start of the Globex could be a bit messed PA but context picture is pretty clean. 2. When we get out of this blue zone and get over 4819,50 you can expect to have pullback somewhere around 4824-4829 and down to around 20 when it should turn again... 3....
Analyzed the data from dr IDR dr lens to analyze and speculate data
DR IDR + fvg (ICT) + DR IDR INCLINE for a potential bullish setup.
March E-mini S&P 500 Index futures continued the rally that began at the beginning of November, taking out the recent high from the last week in July. MACD recently experienced a bullish cross by crossing above its signal line. That relationship is widening, which indicates a continuing bullish trend. RSI is getting closer to being overbought at 70, though bearish...
See incline in DR + fvg for entry for potential bullish retirement setup based off of both defining range and ICT
going over ES price Action Overnight. looking for buy setups. high short stocks. solars. rotation. cautious but will take all buy setups today.
Introduction The Santa Claus rally, a well-documented phenomenon in the financial markets, particularly in the context of the E-mini S&P 500, presents a captivating study of market behavior during the holiday season. This rally, often characterized by an uptrend in the stock market, offers a confluence of joy and opportunity for traders and investors alike. Our...