Futures traders can supercharge their trading. You can have your pipeline full of opportunities when you are able to connect the dots between what is happening in this macroeconomic environment. Fluency and fluidity between multiple asset classes.
A thorough look at the week’s movers by way of our unique 40k foot view of sector performance, macroeconomic trends, and where we are looking for the best setups.
The S&P 500 came right back to our first support area right at the end of the day with no time left to trigger a long. So is this a night to trade the long in the futures for a possible gap back up tomorrow?
In this video, we look at today’s market action and discuss the /ES /SPX pullback from the face-ripping 382 point rally in the last week. We discuss how to trade this type of market and where we may be heading sooner and also later.
In this video, we look at today’s market action and discuss today’s /ES pullback from the face-ripping 382 point rally in the last week. We discuss ideas on ways to trade this type of market and where we may be heading sooner and later.
Tonight I discuss a potential ES/SPX support level with target objectives headed into tomorrow & Friday. I also offer a warning for next week with an explanation of why.
Make a plan and work the plan! As I close out each day, I make a plan for the best case scenario, the worst case scenario, and the most likely case scenario. Our Tuesday afternoon plan for the overnight, followed by our plan for the open, both worked out quite well. Having mapped out our if this / then that scenarios allowed us to execute and initiate risk without the burden of second guessing. Check it out!
Looking at the NASDAQ and action at the Equator we have to ask is the pain trade for the shorts aka the short squeeze? Or is the bottom in?