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 1 (CD1): Markets continued to consolidate recent gains as price established a new Cycle Low at 4874.25, while holding the … Continue reading
Markets (Top Stories) Source: seekingalpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3 (CD3): Price extended this cycle’s rally to Penetration Level (4887.50) where sellers responded, reversing lower, finding support at 4880 level outlined in trading room. (see link … Continue reading
Markets (Top Stories) Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2): Explosive Friday as price pushed to achieve fresh all-time contract highs. Prior range was 65 handles on 1.758M contracts exchanged. …Transition from Cycle Day 2 to … Continue reading
Markets (Top Stories) Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Price traded within range parameters (4775 – 4795) outlined in prior DTS 1.18.24 briefing. Afternoon rally unfolded at the 2 pm “Shake n Bake” driven by … Continue reading
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
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
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
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
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