Trade Strategy 2.12.24

Markets (Top Stories) Economic Calendar  https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2):  This cycle’s rally continued fulfilling 5045 3 Day Cycle Target. Prior range was 35 handles on 1.140M contracts exchanged.  …Transition from Cycle Day 2 to Cycle … Continue reading

Trade Strategy 2.9.24

Markets (Top Stories) Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Normal CD1 as price did decline, albeit as shallow one, establishing a new cycle low at 5003.75. Price consolidated prior session’s 5000 achievement by holding bid … Continue reading

Trade Strategy 2.8.24

Markets (Top Stories) Economic Calendar  https://www.investing.com/economic-calendar/ S&P 500 It’s always been fun over the years being part of the Market’s Milestones, such as the Crash of 1987 and today’s fulfilment of the S&P (ES) 5000 level. In years to come, … Continue reading

Trade Strategy 2.7.24

Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ U.S. crude inventories  rose by about 674,000 barrels for the week ended Feb. 2, compared with a draw of about 2.5M barrels reported by the API for the previous week. Economists were expecting an … Continue reading

Trade Strategy 2.6.24

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 4937.75, as price continued to consolidated within reach of the BIG 5000 Level. Prior range was 43 handles on … Continue reading

Trade Strategy 2.5.24

Markets (Top Stories) Source: fxstreet.com Economic Calendar  https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3 (CD3):  Price skirted with ES 5000 on Friday but was rejected at end of the session, as heavy week-ending selling hit the market into the closing … Continue reading

Trade Strategy 2.2.24

Markets (Top Stories) Economic Calendar  https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2):  Bullish consolidation CD2, as price held KEY LIS (4875), then vaulted higher in the final hour of the day, easily fulfilling 3 Day Cycle Target (4932.50). … Continue reading

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