New Year, Reduced Risk!
New year ushered in some great trades with low cost. This opened up our options to attack the ES during its fall.
New year ushered in some great trades with low cost. This opened up our options to attack the ES during its fall.
In this video, we review todays market action with the FOMC minutes and discuss the impact that the change in FED direction is having and will have on the market going forward. Is this huge sell off a buying opportunity or a sign of things to come?
In this video, we review todays crazy market action from the FOMC minutes selloff. We also discuss the impact that the change in FED direction is having and will have on the market going forward. Is this huge sell off a buying opportunity or a sign of things to come to the downside?
The catalyst could be tomorrow with the FOMC Meeting Minutes. Using that as the reason for a bounce from an oversold level in the ZN 10-year futures, I walk through the specific setup and pattern that needs to trigger to validate the buy and where the upside target would be.
During the Charts and Coffee pre-market show, a viewer asked about seasonal expectations for the new year. Like any seasonal take, the current environment must be considered first. As we start the year in chop, what’s the chance of a breakdown or breakout? This depends on the index and sector you are watching so let’s take a look at what the market is giving us in front of Wednesday’s FOMC Meeting Minutes and Friday’s Non-Farm Payroll.
During the Charts and Coffee pre-market show, a viewer asked about seasonal expectations for the new year. Like any seasonal take, the current environment must be considered first. As we start the year in chop, what’s the chance of a breakdown or breakout? This depends on the index and sector you are watching so let’s take a look at what the market is giving us in front of Wednesday’s FOMC Meeting Minutes and Friday’s Non-Farm Payroll.
The catalyst could be tomorrow with the FOMC Meeting Minutes. Using that as the reason for a bounce from an oversold level in the ZN 10-year futures, I walk through the specific setup and pattern that needs to trigger to validate the buy and where the upside target would be.
2022 started off on a positive note, with multiple squeezes printing that could trigger the overall market higher. One area we’re focusing on is the semiconductors as they are gearing up for a push. We’ll also cover a game plan for TSLA’s price action… Do we gap up tomorrow? Will a squeeze form?