Trade Strategy 11.8.23

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): Price retested CD1 Low (4364), then this Cycle’s Rally began fulfilling upside Target Zone … Continue reading

Trade Strategy 11.7.23

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 established a new cycle low at 4364.25 late in a relatively quiet range day session. Prior range was a narrow 25 … Continue reading

Trade Strategy 11.6.23

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 as price exceeded objectives and closed near highs of the week. Prior range was 66 handles on 1.695M contracts exchanged.   …Transition from … Continue reading

Trade Strategy 11.3.23

Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2):  This cycle’s rally continued to expand as noted in prior DTS 11.2.23 fulfilling upside target 4233 handle, which represents the 50 week ema. Prior range … Continue reading

Trade Strategy 11.2.23

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 established a new cycle low at 4191.25 early in the session which lead to a persistent rally fueled by an accommodating … Continue reading

Trade Strategy 11.1.23

Markets (Top Stories) While a refunding announcement from the U.S. Treasury will be closely watched by the market this morning, the latest monetary policy stance at the Federal Reserve is also on the radar this afternoon. The FOMC is widely expected to hold its … Continue reading

Trade Strategy 10.31.23

Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2):  GLOBEX gap opening never looked back into RTH Session, driving price higher to 3 Day Central Pivot (4183) where price was rejected. Pullback to today’s … Continue reading

Trade Strategy 10.30.23

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 established a new cycle low at 4122.25 late in the session. Prior range was 62 handles on 2.123M contracts exchanged.   …Transition … Continue reading

Trade Strategy 10.27.23

Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3 (CD3): The “Volatility Train” continued to barrel down the tracks to 4150 Breakout Target, before response buyers squelched the sellers. Prior range was 59 handles on … Continue reading

Trade Strategy 10.26.23

Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2): Markets retested their CD1 Low and failed, therefore the decline continued. Prior range was 69 handles on 1.917M contracts exchanged.   …Transition from Cycle Day 2 … Continue reading