Trade Strategy 1.18.24

Markets (Top Stories) Source: seekingalpha.com Economic Calendar  https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3 (CD3):  Failed 3-Day Cycle as price could not recover the CD1 Low (4806) as sellers continued to dominate the trading landscape, driving price to 4748 ATR … Continue reading

Trade Strategy 1.17.24

Markets (Top Stories) Economic Calendar  https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2):  Bulls failed to overcome this day’s Line-In-Sand (4815) as outlined in prior DTS 1.16.24. Multiple buying attempts were rejected as the bus got “too full”, which … Continue reading

Trade Strategy 1.16.24

Markets (Top Stories) Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Markets were closed for MLK Day. Friday’s trade session saw choppy range-bound rhythms to end the week. Prior range was 45 handles on 1.458M contracts exchanged. … Continue reading

Trade Strategy 1.12.24

Markets (Top Stories) Economic Calendar  https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2):  Another well laid-out plan for this session as price tagged both upper (4835) and lower (4805) levels as outlined in prior DTS Briefing 1.11.24. Prior range … Continue reading

Trade Strategy 1.11.24

Markets (Top Stories) CPI generates “wait-and-see mode” Markets largely remain in a “wait-and-see mode” as investors prepare for Thursday’s key consumer inflation report for December, which is likely to dictate sentiment ahead of the next Federal Reserve meeting at the … Continue reading

Trade Strategy 1.10.24

Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 ***Written for contribution to MrTopStep’s “The Opening Print” publication. Prior Session was Cycle Day 3 (CD3):  Markets unfolded as outlined in prior DTS Briefing 1.9.24. Stated: ” We’ll be anticipating a Market After Trend … Continue reading

Trade Strategy 1.9.24

Markets (Top Stories) Economic Calendar  https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2):  Prior session’s key zone was 4740 – 4750 as outlined in prior DTS Briefing 1.8.24. We stated: “Bulls need to establish control above this zone to … Continue reading

Trade Strategy 1.8.24

Markets (Top Stories) Source: Investing.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Normal Cycle Day 1 unfolded by establishing a new cycle low at 4702 (GBX) and 4719.75 (RTH). First week of 2024 has clearly been “risk-off” … Continue reading

Trade Strategy 1.5.24

Markets (Top Stories) The U.S. is expected to have added fewer jobs in the last month of 2023 as the transitory effects from the auto and Hollywood strikes that boosted November’s gains are now in the rearview mirror. Nonfarm payrolls, which the … Continue reading