The overnight is balanced long but inside a 2 day distribution so once again inside a choppy trade range, it is a 11 to 12 point range so wide enough for nice profits, so watch this red zone for chippy action but also watch for reactive moves out of this range.
Looks to me that we get a opening down move that finds support and moves back up into Fridays upper areas.
I am still bullish overall.The market wants to go higher. There is NO threat of a recession right now, based on fundamentals (just my opinion).
www.dumbmoneytrader.com
YouTube: Dumb Money Trader
twitter.com
facebook.com
Looks like the market is getting a pump from the idiot Fed in Europe talking about rate cuts again. Rates do matter, so that is real news.
Would appear that we're getting a three drives pattern and a wedgie. Expecting an exhaustion gap tomorrow. Look for indicators to go overbought and short the market, it's not worth chasing up here.
I got lucky and managed...
Today, FED is starting to buy short debt papers. Today, the reporting season in the United States begins. The Chinese want to clarify the details in the trade deal. We can get negative news for the USA stock market. The price of the rise to the short zone. We count on achieving the goals.
There is no stop-loss, as there are possible shake out/
The position can be modified.
Yesterday is a throw away day. We are still inside of fridays range, big targets being 3000 above and the area at 2952ish below.
I think the line in the sand today is 2963, if we fall below that i think we run quickly to the area at 2952.
I would expect VPOC from friday to act as some resitance above.
If the market pushes through it, I would be looking for...
Ever since i started trading futures Ive really had a great time. One thing I have learned is take your pips and get the F out.
Nothing hurts like the ND rolling back on you for 289179128731892 pips before you know what happened.
Anyway Ive seen this pattern a million times around this same time.
Is this a nice W bottom with awesome bullish potential?
Yes it...
Today we are balancing below Fridays RTH session and inside the Thursday night action so will watch a move out of the red zone for a directional clue. If we move above and hold I will look for a minimum target of 2974. and if below red zone a return to the middle of last weeks action.
The focus until a break happens will be on a back and forth type trading with...
I had actually drawn this up earlier and didn't publish it, but here's the target for the futures pennant fail.
In any case, market got all pumptarded for nothing, the only deal they made with China is to talk some more before bumping up tariffs.
Anyways, remember the market is coming off an overbought condition.
O S&P500 Contínuo está iniciando em alta idem a SHCOMP (Bolsa de Shangai).
Traders aproveitem a semana para o Gain (sempre com cautela), façam as análises e se der as entradas não hesitem em executar sempre com os Stops em ação.
Obs: Os stops também são setup's, um stop errado faz perder uma grande chance.
New Video On How To Create Alerts w/ Any Custom Indicator!!!
If You Have Any Requests On How To Get Alerts To Work
On Any Custom Indicator AFTER You Watch The Video
Please Post Request Below!!!
The Video is 29 Minutes…However, The Video Covers More Than 1 Example So You Probably Won’t Need To Watch The Whole Video.
Link To Video Titled “Creating Alerts w/...
My last publish from yesterday analyzed a bull flag on the 1 hour chart - it broke out last night. This chart is the 4 hour, but as you can see, that long-term trend line dating back to December is creating issues for it rising any higher.
I think this morning's non-farm payroll and then Powell's speech will determine if ES and SPY have enough gas in the tank to...
I know that I recently published an analysis on the S&P 500 weekly chart, showing how the S&P could enter a multi year bull market continuation here. The analysis was primarily focused on this pattern where there has been a hold of the 200 week MA (pink circles,) followed by a break above the 50 week MA, followed by two holds on the 50 week MA (green circles,)...
The announced program of liquidity support in the market from the Fed was not reflected by the growth of the index.
In advance of trade negotiations, China announced that it would not raise important issues during the discussions and would leave the United States ahead of schedule. This suggests that negotiations are unlikely to succeed. And the negative...
S&P 500 — short for Standard and Poor's 500, is a United States stock market index based on the market capitalizations of the top 500 companies that have common stock listed on the New York Stock Exchange or NASDAQ. With its headquarters in New York City and dating back to 1860, Standard and Poor's has offices in 23 countries and maintains the SP 500 index. Over $1.25 trillion USD is indexed to Standard and Poor's portfolio of indices, which includes the S&P 500. The S&P 500 index seeks to reflect the status of the whole stock market by tracking the return and volatility of the 500 most commonly held large cap company stocks on the NYSE, capturing approximately 80% of total market capitalization. The 500 companies comprising the SP500 span all major industries and are selected based on their market capitalization, liquidity, ability to be traded, as well as other factors. Additionally, the importance of the SP500 is highlighted by its use as an economic indicator of the health of the United States economy.
This website uses cookies to ensure you get the best experience on our website. To learn more about cookies, including how to control cookies, please read our Cookies Policy.
ES1!
