Trade Strategy 2.1.24

Markets (Top Stories) Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Price established a new Cycle Low at 4866, as a hawkish FED dampened the market’s recent enthusiasm for a rate cut.  Fed’s Powell: “Based on the … Continue reading

Trade Strategy 1.31.24

Markets (Top Stories) Get ready for the first Fed meeting of the year. The latest monetary policy announcement from the Federal Open Market Committee will be released at 2:00 PM ET, and many are keeping a watchful eye on the decision … Continue reading

Trade Strategy 1.30.24

Markets (Top Stories) Economic Calendar  https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2):  Overall a quiet session as price tagged our initial target zone (4925 -4930) consolidating in typical Cycle 2 fashion, until the Bond Market closing. The Power … Continue reading

Trade Strategy 1.29.24

Markets (Top Stories) Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Price established a new Cycle Low at 4898.50, as price continued to consolidated within 4905 – 4925 range edges outlined in previous DTS Briefings. Prior range … Continue reading

Trade Strategy 1.26.24

Markets (Top Stories) The Fed’s preferred inflation gauge, the Core Personal Consumption Expenditure (PCE), will be released by the US Bureau of Economic Analysis (BEA) on Friday, January 26 at 13:30 GMT and as we get closer to the release … Continue reading

Trade Strategy 1.25.24

Markets (Top Stories) The Bureau of Economic Analysis appears set to report tomorrow (Jan. 25) that US output slowed sharply in the fourth quarter after Q3’s unusually strong gain. But Thursday’s GDP report is also expected to show that growth was moderate … Continue reading

Trade Strategy 1.24.24

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 1 (CD1):  Markets continued to consolidate recent gains as price established a new Cycle Low at 4874.25, while holding the … Continue reading

Trade Strategy 1.23.24

Markets (Top Stories) Source: seekingalpha.com Economic Calendar  https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3 (CD3):  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

Trade Strategy 1.22.24

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

Trade Strategy 1.19.24

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