Trade Strategy 10.31.23

Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2):  GLOBEX gap opening never looked back into RTH Session, driving price higher to 3 Day Central Pivot (4183) where price was rejected. Pullback to today’s … Continue reading

Trade Strategy 10.30.23

Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1):  Normal CD1 as price established a new cycle low at 4122.25 late in the session. Prior range was 62 handles on 2.123M contracts exchanged.   …Transition … Continue reading

Trade Strategy 10.27.23

Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3 (CD3): The “Volatility Train” continued to barrel down the tracks to 4150 Breakout Target, before response buyers squelched the sellers. Prior range was 59 handles on … Continue reading

Trade Strategy 10.26.23

Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2): Markets retested their CD1 Low and failed, therefore the decline continued. Prior range was 69 handles on 1.917M contracts exchanged.   …Transition from Cycle Day 2 … Continue reading

Trade Strategy 10.25.23

Markets (Top Stories) Tech earnings are beginning to pour in and the market is watching. That’s because the largest tech companies in the S&P 500 (SP500), like the Magnificent 7, have been responsible for the majority of the index’s 11% YTD advance, … Continue reading

Trade Strategy 10.24.23

Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3 (CD3): Only NQ made it to it’s prior CD1 Low for a Positive Cycle, ES failed. Prior range was 67 handles on 1.907M contracts exchanged.   …Transition … Continue reading

Trade Strategy 10.23.23

Markets (Top Stories) There’s a lot on the plate for investors this week as they continue to work their way through earnings season. Headlines are now shifting from the big banks to mega-cap tech, with Tesla (TSLA) already kicking things off … Continue reading

Trade Strategy 10.20.23

Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1):  Normal CD1 as price established a new cycle low at 4292.75 late in the session as JPOW comments sent the market into a dizzying tirade … Continue reading

Trade Strategy 10.19.23

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 Three-Day Cycle was fulfilled as price trended lower throughout the session, settling near lows of the day and fulfilling downside range objective. Prior range … Continue reading

Trade Strategy 10.18.23

Markets (Top Stories) Yields Surge Treasuries sold off sharply early Tuesday after Sept. retail sales figures came in much stronger than expected, while Wall Street’s major averages ended near the flatline. The 10-year Treasury yield (US10Y) jumped to as high as 4.84% on … Continue reading