Trade Strategy 6.27.24

Markets Economic Calendar Source: Investing.com  S&P 500 Prior Session was Cycle Day 3: Positive Three-Day Cycle was fulfilled with a 92.48% success-rate covering twelve-plus years of tracking history. This session was effectively a balancing day as price held critical support between … Continue reading →

Trade Strategy 6.26.24

Markets Economic Calendar  S&P 500 Prior Session was Cycle Day 2: Market successfully retested the CD1 Low (5510.25) during the RTH starting this cycle’s rally. Range for ES was 28 handles on 1.072M contracts exchanged.  …Transition from Cycle Day 2 to Cycle … Continue reading →

Trade Strategy 6.25.24

Markets The Conference Board will release its June consumer confidence index on Tuesday. The figure is expected to be 100, down two points from May. Economic Calendar  S&P 500 Prior Session was Cycle Day 1: Cycle returned to normal rhythm as … Continue reading →

Trade Strategy 6.24.24

Markets Economic Calendar Source: Investing.com  S&P 500 Prior Session was Cycle Day 3: Three-Day Cycle notched a rare (7.5%) “failed” cycle, as price was unable to recover back above CD1 Low (5559.75). We’ll take this in stride given of the past … Continue reading →

Trade Strategy 6.21.24

Markets Economic Calendar  S&P 500 Prior Session was Cycle Day 2: Markets conformed to CD2 rhythms early as price oscillated back n forth in a relatively narrow range. PTGDavid also opined to one of our member inquiry regarding the CD1/CD2 “holiday blend”. … Continue reading →

Trade Strategy 6.20.24

Markets Economic Calendar  S&P 500 Prior Session was Cycle Day 1: Markets were very quiet with narrow range as the holiday has interrupted normal market rhythms. Price established a new cycle low at 5559.75. Range for ES was 7 handles on 92k … Continue reading →

Trade Strategy 6.19.24

Markets U.S. stock markets will be closed on Wednesday, June 19 in observance of Juneteenth. Economic Calendar NOTE: Although US Cash Markets are closed for the holiday, Futures Markets will be open until 1:15 et. As such, normal 3-Day Cycle … Continue reading →

Trade Strategy 6.18.24

Markets (Top Stories) Source: investing.com Economic Calendar S&P 500 Prior Session was Cycle Day 2: Mutual Fund Monday “continuation rally” as price pushed higher more than 1.3% to another all-time high and easily eclipsing 3-Day Cycle Targets. Range was 71 handles … Continue reading →

Trade Strategy 6.17.24

Markets Forward Contract Month is September (U) 2024 Understanding Futures Expiration & Contract Roll https://www.cmegroup.com/education/courses/introduction-to-futures/understanding-futures-expiration-contract-roll.html   Economic Calendar  S&P 500 Prior Session was Cycle Day 1: Price established a new cycle low early in this session at 5462 handle. Markets are … Continue reading →