Trade Strategy 6.26.24

Markets Economic Calendar  S&P 500 Prior Session was Cycle Day 2: Market successfully retested the CD1 Low (5510.25) during the RTH starting this cycle’s rally. Range for ES was 28 handles on 1.072M contracts exchanged.  …Transition from Cycle Day 2 to Cycle … Continue reading

Trade Strategy 6.25.24

Markets The Conference Board will release its June consumer confidence index on Tuesday. The figure is expected to be 100, down two points from May. Economic Calendar  S&P 500 Prior Session was Cycle Day 1: Cycle returned to normal rhythm as … Continue reading

Trade Strategy 6.24.24

Markets Economic Calendar Source: Investing.com  S&P 500 Prior Session was Cycle Day 3: Three-Day Cycle notched a rare (7.5%) “failed” cycle, as price was unable to recover back above CD1 Low (5559.75). We’ll take this in stride given of the past … Continue reading

Trade Strategy 6.21.24

Markets Economic Calendar  S&P 500 Prior Session was Cycle Day 2: Markets conformed to CD2 rhythms early as price oscillated back n forth in a relatively narrow range. PTGDavid also opined to one of our member inquiry regarding the CD1/CD2 “holiday blend”. … Continue reading

Trade Strategy 6.20.24

Markets Economic Calendar  S&P 500 Prior Session was Cycle Day 1: Markets were very quiet with narrow range as the holiday has interrupted normal market rhythms. Price established a new cycle low at 5559.75. Range for ES was 7 handles on 92k … Continue reading

Trade Strategy 6.19.24

Markets U.S. stock markets will be closed on Wednesday, June 19 in observance of Juneteenth. Economic Calendar NOTE: Although US Cash Markets are closed for the holiday, Futures Markets will be open until 1:15 et. As such, normal 3-Day Cycle … Continue reading

Trade Strategy 6.18.24

Markets (Top Stories) Source: investing.com Economic Calendar S&P 500 Prior Session was Cycle Day 2: Mutual Fund Monday “continuation rally” as price pushed higher more than 1.3% to another all-time high and easily eclipsing 3-Day Cycle Targets. Range was 71 handles … Continue reading

Trade Strategy 6.17.24

Markets Forward Contract Month is September (U) 2024 Understanding Futures Expiration & Contract Roll https://www.cmegroup.com/education/courses/introduction-to-futures/understanding-futures-expiration-contract-roll.html   Economic Calendar  S&P 500 Prior Session was Cycle Day 1: Price established a new cycle low early in this session at 5462 handle. Markets are … Continue reading

Trade Strategy 6.14.24

Markets Forward Contract Month is September (U) 2024 Economic Calendar    S&P 500 Prior Session was Cycle Day 3: Markets exceeded their targets by 169.12% as the second 3-Day “Super” Cycle was achieved on the heals of CPI/FED releases this week. … Continue reading