Trade Strategy 9.25.23

Markets (Top Stories) Deadlock continues The budgetary standoff in the U.S. doesn’t look like it will abate soon, raising the likelihood of the first government shutdown since 2019, as hardline Republicans continue to hold off on agreeing to a stopgap spending … Continue reading

Trade Strategy 9.22.23

Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2): Risk-Off sentiment is firmly entrenched post JPOW’s hawkish view for future interest rates. Price violated the August Low and now is challenging critical VWAP / … Continue reading

Trade Strategy 9.21.23

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 4443.25 as FED’s JPOW outlined a “hawkish-view” of future rates, all the while holding rates … Continue reading

Trade Strategy 9.20.23

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 3 (CD3): Positive Three-Day Cycle Statistic was fulfilled as price traded above CD1 Low (4494) during … Continue reading

Trade Strategy 9.19.23

Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2): Normal CD2 as price consolidated within parameters 4490 – 4515 outlined in prior DTS 9/18/23 Briefing. Prior range was 27 handles on 1.112M contracts exchanged.  … Continue reading

Trade Strategy 9.18.23

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 4494 as Triple Witch OPEX Gamma Sell was the main theme. Prior range was 72 … Continue reading

Trade Strategy 9.15.23

Markets (Top Stories) TRIPLE WITCHING OPTIONS EXPIRATION 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 as price broke out of multi-day consolidation, fulfilling 4558 Cycle Target. Prior range was 43 handles on 1.428M … Continue reading

Trade Strategy 9.14.23

Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2): Normal CD2 as price consolidated within 4500 – 4530 sandbox zone. Prior range was 35 handles on 1.332M contracts exchanged.   …Transition from Cycle Day 2 … Continue reading

Trade Strategy 9.13.23

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 1 (CD1): Normal CD1 as price declined establishing a new cycle low at 4507.25. Prior range … Continue reading

Trade Strategy 9.12.23

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 as price consolidated above CD1 Low during the RTH Session. Prior range was 34 handles on 911k contracts exchanged.   …Transition from Cycle … Continue reading