Macro Market Deep Dive
Time for the macro market view of slightly longer-term setups and opportunities.
Time for the macro market view of slightly longer-term setups and opportunities.
In this video, we look at the incredible run the markets have had from the FED push. Powell spoke today, and may keep the punchbowl at the party. Does this mean we keep going higher or not?
In this video, we look at the incredible run the markets have had from the FED push. Powell spoke today and may keep the punchbowl at the party. Does this mean we keep going higher? I think that is a decent possibility, but for me, I have taken profits and gone to cash for now. I want to have powder dry for opportunities. In this video, we also look at levels in the indices as well as look at a couple of ideas in HD, TSCO, and NFLX.
For markets that are still Double Green, pullbacks will be the trade. This is going to apply to S&P, NASDAQ, Crude oil, Bonds, markets in which we have remained bullish.
I scan the stronger symbols in this market as Powell is coming back for day two Thursday.
TTD is a royal setup and is having a pullback on the Daily. Be sure to watch for triggers. Remember — Setup + trigger = trade entry, and then you manage.
Are there times when you lifted up the hood to take a look, and you wished you would have left well enough alone?
Today was a textbook example of the economic calendar and the importance it holds for traders. Three events are setting up significant moves and tomorrow will be no different.