Macro Market Deep Dive
In this update, we dive into the downtrend in the indices, managing expectations, and time horizon. Macroeconomic trends and more.
In this update, we dive into the downtrend in the indices, managing expectations, and time horizon. Macroeconomic trends and more.
Here we find ourselves again at a mid-week update with the market at an extreme (High/Low) for the week. With more information now, having had an opportunity to observe some important order flow levels, let’s attempt to frame this for what may be around the next corner.
Overnight we looked long for a small pop and used said profits as risk capital to then flip and take the market lower. Check out the Strikezone method; made 12K in this bearish nightmare.
In this video, we look at today’s price action as we got the latest CPI numbers, showing that inflation continues to increase. This caused another big sell-off and the overall market looks very weak. We look at levels and try to determine which way we might go from here and how to trade this.
In this video, we look at today’s price action as we got the latest CPI numbers, showing that inflation continues to increase. This caused another big sell-off, and the overall market looks very weak. We look at levels and try to determine which way we might go from here and how to trade this. I go over what has been working for me and BIAS and look at two end of day Lotto ticket trades.
When bearish squeezes develop across multiple frames, the odds of a significant move lower increase dramatically. Let’s take a look at the weekly squeeze in $AAPL, and the short I’m looking to pursue for the move into $140.
When it’s a trend we can trade it with an edge since a clear path of least resistance is a trader’s friend. The S&P and NASDAQ organized into a downtrend days ago and it’s only the Dow that is neutral. With healthcare likely the only sector still keeping the S&P from lower lows let’s focus on short the rip setups.
While we’ve seen the markets and many leading names trade well below their highs, the structure of the weekly charts in $SPX, $AAPL, and $TSLA suggest there could be plenty more downside to come. Let’s map out a few trades that we can pursue into the next bounce.