Trade Strategy 11.10.22

Markets Inflation update With inflation being the Federal Reserve’s biggest worry, October’s Consumer Price Index has the potential to rattle markets again today. The headline number, released at 8:30 a.m. ET, is expected to increase 8% Y/Y, compared to 8.2% … Continue reading

Trade Strategy 11.9.22

Markets 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 3 (CD3): Another Wide “Range Runner” Session as upper Cycle Range Targets were fulfilled before price dove … Continue reading

Trade Strategy 11.8.22

Markets Economic Calendar ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 2 (CD2): Bullish momentum remained intact for this cycle day as price fulfilled 3 Day Cycle Objective (3817) as well as extension Penetration Levels. Range … Continue reading

Trade Strategy 11.7.22

Markets Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 1 (CD1): Normal CD1 as price declined, establishing a new cycle low at 3711 during a “range-runner” session. Prior range was 94 handles … Continue reading

Trade Strategy 11.1.22

Markets Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 3 (CD3): Positive 3-Day Cycle Statistic was fulfilled as price rolled back and consolidated recent gains in a “balancing-day.” Prior range was 42 … Continue reading

Trade Strategy 10.31.22

Markets Economic Calendar ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 2 (CD2): Markets continued their trek higher, fulfilling and surpassing this cycle’s objectives. Range was 147 handles on 1.987M contracts exchanged.   …Transition from Cycle Day … Continue reading

Trade Strategy 10.28.22

Markets Topping 7% Rising Treasury yields and an aggressive Federal Reserve has sent mortgage rates soaring this year, with things doubling over the course of 2022. In fact, the 30-year fixed-rate mortgage averaged 7.08% with an average 0.8 point for … Continue reading