Markets (Review) The benchmark S&P 500 (SP500) closed out a tough five trading days on Friday with its worst weekly performance in over a year. The decline saw the index slip below the key 5,000-point level for the first time … Continue reading
Markets (Top Stories) Source: investing.com Economic Calendar S&P 500 Prior Session was Cycle Day 2: Opening strength pushed price to our stated target zone between 5079 – 5104 as outlined in prior DTS Briefing 4.18.24. Buyers could not sustain the … Continue reading
Markets (Top Stories) Economic Calendar S&P 500 (ES) Prior Session was Cycle Day 1: Normal CD1 as price declined establishing a new Cycle Low at 5047. Range was 73 handles on 1.876M contracts exchanged. NOTE: Primary Objective for Cycle Day 1 is … Continue reading
Markets (Top Stories) Source: investing.com Economic Calendar S&P 500 Prior Session was Cycle Day 3: Price closed below the Cycle Day 1 Low (5150) which constitutes a “failed” 3 Day Cycle. We knew given the magnitude of the decline on CD2 … Continue reading
Markets (Top Stories) Source: investing.com Economic Calendar S&P 500 Prior Session was Cycle Day 2: Opening strength pushed price to our stated target zone between 5203 – 5209 as outlined in prior DTS Briefing 4.15.24. Buyers could not sustain the bid … Continue reading
Markets (Top Stories) Economic Calendar S&P 500 (ES) Prior Session was Cycle Day 1: Normal CD1 as price declined establishing a new Cycle Low at 5150. Range was 98 handles on 1.905M contracts exchanged. NOTE: Primary Objective for Cycle Day 1 … Continue reading
Markets (Top Stories) Source: investing.com Economic Calendar S&P 500 Prior Session was Cycle Day 3: Three-Day Cycle Target (5250) was fulfilled on this cycle day to conclude a “textbook” cycle rotation. Range was 84 handles on 1.688M contracts exchanged. …Transition from … Continue reading
Markets (Top Stories) Source: investing.com Economic Calendar S&P 500 Prior Session was Cycle Day 2: Price sharply declined as a “hot” CPI print put markets in a tail spin lower, ultimately finding responsive support at 5188 CD2 Violation Level. Range was … Continue reading
Markets (Top Stories) Economic Calendar S&P 500 (ES) Prior Session was Cycle Day 1: Normal CD1 as price declined fulfilling 5220 Average Decline Target and established a new Cycle Low at 5208.25. Range was 66 handles on 1.591M contracts exchanged. NOTE: … Continue reading
Markets (Top Stories) Source: investing.com Economic Calendar S&P 500 Prior Session was Cycle Day 3: Three-Day Cycle Target (5270) having been fulfilled, created a range bound MATD rhythmic session. Lower edge was LIS 5250 and Upper edge 5270. Actual HOD was … Continue reading