Trade Strategy 12.28.23

Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ Investing.com — Oil prices fell Wednesday, handing back some of the previous session’s gains, as shipping companies returned to the Red Sea despite fresh attacks, stabilizing supplies through this crucial region. U.S. inventories … Continue reading

Trade Strategy 12.27.23

Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar  https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3 (CD3):  Positive 3-Day Cycle as price continued to rally fulfilling CD3 Penetration Levels. Prior range was 34 handles on 626k contracts exchanged.   …Transition from Cycle Day … Continue reading

Trade Strategy 12.26.23

Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar  https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2):  This cycle day saw price pullback sharply from upper range edge to test 3 Day Central Pivot Zone where buyers responded to the weakness, rebounding … Continue reading

Trade Strategy 12.22.23

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 4751 as buyers defended the “all-important” 4750 (4700 SPX) level following prior session’s selling-rout. Prior range was 47 … Continue reading

Trade Strategy 12.21.23

Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar  https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3 (CD3):  Upper Target Zone (4825 – 4830) as outlined in DTS 12.20.23 was fulfilled and ultimately “capped” the upside to this Positive 3-Day Cycle. Prior range … Continue reading

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