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
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
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
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
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
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
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
Markets (Top Stories) JPOW and Crew released an overall dovish presser as the markets are now pricing in rate cuts throughout 2024. Dow Jones Industrials crossed the 37000 to record high. Let the Doves Fly! It finally looks like the … Continue reading
Markets (Top Stories) Some day, the Federal Reserve’s monetary policy decisions may once again be like watching paint dry. We’re not there yet. To be sure, very few see any chance that the Federal Open Market Committee will change the federal … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2): Morning consolidation lead to price pushing higher fulfilling Target Zone (4670 – 75) outlined in prior DTS 12.11.23. Prior range was 27 handles on 1.023M … Continue reading