Explain why M2 Money and DXY shrank while SPX remained high?An interesting thing happened in the last 2 weeks of November.
Money Supply: United States people fled to cash by converting M2 money stock (savings, investments, money market) into M1 (checking and cash).
Dollar: Foreign investors presumably sold off dollar assets bringing DXY down around 2% in the month.
To recap: The money supply indicates that US people sold stocks and bonds. The Dollar decrease indicates that foreign investors sold stock and bonds.
Explain to me, then, how SPX remained elevated? How is it doing that?
SPX (S&P 500 Index)
3 Steps to PROFIT from Trading SUPPLY ZONE - S&P 500 Day TradingFind out how to follow these 3 simple steps to profit from trading the supply zone (majority traders overlook these).
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 15 Dec 2020 trading session. In this video, you will find out the market recap during the last session and a trade review in the three-minutes timeframe (including entry, exit and the rationale behind). Going forward, I will cover the bias, the key levels to pay attention to, my trading plan for the session later.
Watch my market analysis video in the last session below if you haven't in order to better relate to the market recap and the trade review.
Bias - neutral (Day trading); bullish (long term)
Key levels - Resistance: 3750; Support: 3697–3705, 3670
Potential setup - Look for potential reversal at the key levels.
Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.
Profit from selling the rally in the downtrend - S&P 500Find out how to profit by selling the rally in the downtrend and a few of the key things to watch our for especially when day trading S&P 500 futures.
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 11 Dec 2020 trading session. In this video, you will find out the market recap during the last session and a trade review in the three-minutes timeframe (including entry, exit and the rationale behind). Going forward, I will cover the bias, the key levels to pay attention to, my trading plan for the session later.
Watch my daily market analysis video in the last session below if you haven't in order to better relate to the market recap and the trade review.
Bias - neutral (Day trading); bullish (long term)
Key levels - Resistance: 3750; Support: 3697–3705, 3670
Potential setup - Look for potential reversal at the key levels.
Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.
3 month H&S completed in home depot; expect a sharp move in decYou can watch this in conjunction with my Lowe's trade posted below. Essentially they're a play on the same industry and overall market crash in dec; (they're price is strongly correlated to the general market). Choose whichever one works better for your risk management.
Like always, thanks for the constructive feedback
A simple and profitable sign of strength rally trading strategy Find out how to trade this simple yet profitable sign of strength rally trading setup when day trading S&P 500 futures.
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 7 Dec 2020 trading session. In this video, you will find out the market recap during the last session and a trade review in the three-minutes timeframe (including entry, exit and the rationale behind). Going forward, I will cover the bias, the key levels to pay attention to, my trading plan for the session later.
Watch my daily market analysis video in the last session below if you haven't in order to better relate to the market recap and the trade review.
Bias - neutral (Day trading); bullish (long term)
Key levels - Resistance: 3670; Support: 3670, 3630–3640
Potential setup - Look for potential reversal at the key levels.
Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.
Point & Figure target for a small distribution range - S&P 500Find out how to project a downside target from a distribution range in a 3-minutes timeframe with Point & Figure (P&F) projection.
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 2 Dec 2020 trading session. In this video, you will find out the market recap during the last session and a trade review in the three-minutes timeframe (including entry, exit and the rationale behind). Going forward, I will cover the bias, the key levels to pay attention to, my trading plan for the session later.
Watch my daily market analysis video in the last session below if you haven't in order to better relate to the market recap and the trade review.
Bias - neutral (Day trading); bullish (long term)
Key levels - Resistance: 3670; Support: 3630-3640, 3600, 3587
Potential setup - Look for potential reversal at the key levels.
Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.
3 Simple Steps to catch the bottom and start of the uptrendFind out how to use these 3 simple steps to catch the bottom and participate the beginning of the uptrend when day trading S&P 500 futures (ES).
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 1 Dec 2020 trading session. In this video, you will find out the market recap during the last session and a trade review in the three-minutes timeframe (including entry, exit and the rationale behind). Going forward, I will cover the bias, the key levels to pay attention to, my trading plan for the session later.
Watch my daily market analysis video in the last session below if you haven't in order to better relate to the market recap and the trade review.
Bias - neutral (Day trading); bullish (long term)
Key levels - Resistance: 3640, 3660; Support: 3600, 3587
Potential setup - Look for potential reversal at the key levels.
Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.
Use volume spread analysis as timing tool in S&P 500 Day TradingFind out how you can use volume spread analysis to time the market when day trading S&P 500 futures (ES) in the trade review section.
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 30 Nov 2020 trading session. In this video, you will find out the market recap during the last session and a trade review in the three-minutes timeframe (including entry, exit and the rationale behind). Going forward, I will cover the bias, the key levels to pay attention to, my trading plan for the session later.
Watch my daily market analysis video in the last session below if you haven't in order to better relate to the market recap and the trade review.
Bias - neutral (Day trading); bullish (long term)
Key levels - Resistance: 3640, 3660; Support: 3600, 3587
Potential setup - Look for potential reversal at the key levels.
Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.
Breakout from the falling wedge to test all time high? S&P 500S&P 500 futures (ES) just broke out from the falling wedge pattern and you will find out how to seek confirmation if this is a successful breakout and how to take trade accordingly.
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 27 Nov 2020 trading session. In this video, you will find out the market recap during the last session and a trade review in the three-minutes timeframe (including entry, exit and the rationale behind). Going forward, I will cover the bias, the key levels to pay attention to, my trading plan for the session later.
Watch my daily market analysis video in the last session below if you haven't in order to better relate to the market recap and the trade review.
Bias - neutral (Day trading); bullish (long term)
Key levels - Resistance: 3640, 3660; Support: 3600, 3587
Potential setup - Look for potential reversal at the key levels.
Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.
S&P500 Vs Manufacturing PMI & GDP Growth Expectations Here we take a deeper look at why the ISM Manufacturing PMI data release is the most closely watched economic indicator on the monthly calendar.
We look at how manufacturing PMI predicts GDP growth in the U.S with an 85% certainty going back to 1948.
We then take a look at the historical correlation to ISM Manufacturing PMI and the S&P500.
After watching this video you will understand what that market focuses on to predict GDP growth and when to buy and sell the S&P500 index
Ride on the uptrend with this "spring" entry setup - S&P 500 Are you using this "spring" trade entry setup to ride the trend? Find out how you can catch the trend before it makes the greatest move.
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 25 Nov 2020 trading session. In this video, you will find out the market recap during the last session and a trade review in the three-minutes timeframe (including entry, exit and the rationale behind). Going forward, I will cover the bias, the key levels to pay attention to, my trading plan for the session later.
Watch my daily market analysis video in the last session below if you haven't in order to better relate to the market recap and the trade review.
Bias - neutral (Day trading); bullish (long term)
Key levels - Resistance: 3660; Support: 3630, 3600, 3587
Potential setup - Look for potential reversal at the key levels.
Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.
A symmetrical triangle pattern in the making? S&P 500 Is the S&P 500 stock market going to break out from the symmetrical triangle pattern and challenge all time high? Find out in the stock market outlook section.
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 24 Nov 2020 trading session. In this video, you will find out the market recap during the last session and potential trade reviews in the three-minutes timeframe (including entry, exit and the rationale behind). Going forward, I will cover the bias, the key levels to pay attention to, my trading plan for the session later.
Watch my daily market analysis video in the last session if you haven't in order to better relate to the market recap and the trade review.
Bias - neutral (Day trading); bullish (long term)
Key levels - Resistance: 3660, 3630; Support: 3587, 3550, 3500
Potential setup - Look for potential reversal at the key levels.
Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.
A trend reversal trading strategy (that works) - S&P 500 Find out how to use this profitable trend reversal trading strategy to catch the bottom with minimal risk.
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 18 Nov 2020 trading session. In this video, you will find out the market recap during the last session and trade reviews in the three-minutes timeframe (including entry, exit and the rationale behind). Going forward, I will cover the bias, the key levels to pay attention to, my trading plan for the session later.
Watch my daily market analysis video in the last session below if you haven't in order to better relate to the market recap and the trade review.
Bias - neutral (Day trading); bullish (long term)
Key levels - Resistance: 3660, 3630; Support: 3587, 3500
Potential setup - Look for potential reversal at the key levels.
Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.
3 things to look for before you trade the false breakoutBefore you trade the false breakout, make sure you have checked these 3 things in order to filter out early or invalid trade and to increase your winning rate.
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 17 Nov 2020 trading session. In this video, you will find out the market recap during the last session and trade reviews in the three-minutes timeframe (including entry, exit and the rationale behind). Going forward, I will cover the bias, the key levels to pay attention to, my trading plan for the session later.
Watch my daily market analysis video in the last session below if you haven't in order to better relate to the market recap and the trade review.
Bias - neutral (Day trading); bullish (long term)
Key levels - Resistance: 3660; Support: 3587, 3500
Potential setup - Look for potential reversal at the key levels.
Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.
SPX Correction Likely in the Weeks Ahead - Video Explanation RISK DISCLAIMER
Information and opinions contained with this video are for educational purposes only and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors.
Double bottom pattern explained in price action trading Find out how to trade the double bottom pattern the price action way with volume spread analysis in the market outlook section.
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 16 Nov 2020 trading session. In this video, you will find out the market recap during the last session and trade reviews in the three-minutes timeframe (including entry, exit and the rationale behind). Going forward, I will cover the bias, the key levels to pay attention to, my trading plan for the session later.
Watch my daily market analysis video in the last session below if you haven't in order to better relate to the market recap and the trade review.
Bias - neutral (Day trading); bullish (long term)
Key levels - Resistance: 3660; Support: 3587, 3500
Potential setup - Look for potential reversal at the key levels.
Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.
Stocks To Watch This Week Nov 14I went through and created a watchlist for names that have held up well in this choppy environment. Most of these names are at or near all time highs or multi year highs. There are 40 total stocks on this list. Many of these have IPO'd in the last few years and still have a growth story ahead of them. There are also some financial stocks which may be starting to outperform the broader market. Know your time frame and risk tolerance, grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
Trading the breakout before it makes the greatest gains Have you thought about how to enter the breakout trade even before it happens? Find out this breakout strategy before it makes the greatest gains.
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 13 Nov 2020 trading session. In this video, you will find out the market recap during the last session and trade reviews in the three-minutes timeframe (including entry, exit and the rationale behind). Going forward, I will cover the bias, the key levels to pay attention to, my trading plan for the session later.
Watch my daily market analysis video in the last session below if you haven't in order to better relate to the market recap and the trade review.
Bias - neutral (Day trading); bullish (long term)
Key levels - Resistance: 3587, 3550; Support: 3500, 3480–3500
Potential setup - Look for potential reversal at the key levels.
Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.