S&P 500 Trade Plan for FOMC Day Market Context: Event: Federal Open Market Committee (FOMC) statement, followed by a press conference by the Federal Reserve Chair (JPOW). Timing: The FOMC statement is released at 2:00 PM ET, and the press … Continue reading
S&P 500 Trading Plan for Cycle Day 2 (Pre-FOMC Statement) Market Context: Previous Day: Price action followed “Level-to-Level” trading, with key range boundaries tested and respected per DTS Briefing 9.16.24 Cycle Low: Established at 5669.50—this level is crucial as a … Continue reading
S&P 500 Prior Session was Cycle Day 3: Three-Day Super Cycle as price rallied over 229 pts or 257.67% of the average cycle range of 89 pts. This cycle marks the seventh (7th) Super Cycle of the previous ten (10) cycle … Continue reading
S&P 500 Prior Session was Cycle Day 2: Normal CD2 unfolded as early MATD rhythms dominated the morning session, as outlined in prior DTS Briefing 9.12.24, with an afternoon push higher to fulfill 5500 cycle target. Range was 67 handles on … Continue reading
S&P 500 Prior Session was Cycle Day 1: Cycle Day 1 (CD1), long liquidation down trend pushed price lower and established a new cycle low at 5412. Reclaim of prior low (5450) sparked a strong short squeeze that propelled price upwards … Continue reading
S&P 500 Prior Session was Cycle Day 3: Another outstanding Three-Day Cycle as the Statistic (90%) was satisfied as well as Cycle Target (5486) fulfilled with today’s extended rally to the CD3 Penetration Level (5506). Range was 57 handles on 1.454M … Continue reading
S&P 500 Prior Session was Cycle Day 2: We knew there was a Time & Price Low window as outlined in prior DTS Briefing 9.9.24 which triggered today. Price reclaimed our Line in the Sand (LIS) 5415 Buy Signal early in … Continue reading
S&P 500 Prior Session was Cycle Day 1: As expected for Cycle Day 1 (CD1), long liquidation down trend continuation pushed price lower fulfilling CD1 Statistical Extremes and established a new cycle low at 5394. Multiple monthly supports were broken as … Continue reading
S&P 500 Prior Session was Cycle Day 3: Three-Day Cycle Statistic (90%) was satisfied as price traded above the Cycle Day 1 Low (5516.75) as well as fulfilling the primary Cycle Target Zone (5555 – 5560) outlined in prior DTS Briefing 9.5.24. … Continue reading
S&P 500 Prior Session was Cycle Day 2: Textbook (CD2) as price tested both the upside 5565 (to-the-tick & HOD) and the downside (5510) edges outlined in the prior DTS Briefing 9.4.24. As posted, our anticipation of MATD rhythms unfolded near perfectly, … Continue reading