Trade Strategy 12.20.23

Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 ***Written Tuesday evening for Wednesday’s trading for contribution to MrTopStep’s “The Opening Print” publication. Prior Session was Cycle Day 2 (CD2):  Normal CD2 as price consolidated in DTS’s upper target zone between 4815 – 4825 … Continue reading

Trade Strategy 12.19.23

Markets (Top Stories) Source: SeekingAlpha.com 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 4769.50 as post options expiry saw a continued bid fulfilling our 4795 – 4805 target zone outlined in … Continue reading

Trade Strategy 12.18.23

Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar  https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3 (CD3):  Positive 3-Day Cycle objective (4775) was fulfilled, as QUAD Expiration was the primary driver for this session. Prior range was 31 handles on 1.628M contracts … Continue reading

Trade Strategy 12.15.23

Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar  https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2):  Today’s activity was a “normal” Cycle Day 2 as price oscillated between 4760 – 4785 “sandbox.” outlined in prior DTS 12.14.23 briefing. Prior range was … Continue reading

Trade Strategy 12.13.23

Markets (Top Stories) Some day, the Federal Reserve’s monetary policy decisions may once again be like watching paint dry. We’re not there yet. To be sure, very few see any chance that the Federal Open Market Committee will change the federal … Continue reading

Trade Strategy 12.12.23

Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar  https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2):  Morning consolidation lead to price pushing higher fulfilling Target Zone (4670 – 75) outlined in prior DTS 12.11.23. Prior range was 27 handles on 1.023M … Continue reading

Trade Strategy 12.11.23

Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1):  Normal CD1 as price declined and established a new cycle low at 4561.75 (Z).  Prior range was 52 handles on 1.424M contracts exchanged.   …Transition from … Continue reading

Trade Strategy 12.8.23

Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar  https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3 (CD3):  Positive 3-Day Cycle statistic was fulfilled, as price held big test of 4555 and rallied higher to upper edge of the multi-composite trading range. Prior … Continue reading

Trade Strategy 12.7.23

Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar  https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2):  Price fulfilled initial upside target zone (4590 – 4595) outlined in prior DTS Briefing 12.6.23. Bulls failed to sustain bid and as such reversal unfolded … Continue reading