Market (prime article)
financial calendar
https://www.investing.com/economic-calendar/
S&P500
The earlier session Cycle Day 3 (CD3): Worth continued to rise this cycle, hitting the 5044.50 CD3 penetration degree. The earlier vary was his 40.75 deal with with 1.303 million contracts exchanged.
…Transition from cycle day 3 to cycle day 1
this leads us Cycle Day 1 (CD1): Common decline charge 5017. Right now is a follow-up PPI report that gives perception into general inflation pressures. The bulls have performed an important job of absorbing the current sell-off and recovering to CPI market ranges. We are going to proceed to be versatile and attentive to day-to-day provide and demand impacts. Therefore the state of affairs to contemplate in at this time’s buying and selling.
bull state of affairs: Costs will stay bid above 5035 and initially goal the 5055-5060 zone.
bear state of affairs: Hold the value provide under 5035 and initially goal the 5025-5020 zone.
PVA excessive edge = 5039 PVA low edge = 5011 Earlier POC = 5025
Vary Forecast (ES) March 2024 (H)
Nasdaq 100 (NQ)
The earlier session Cycle Day 3 (CD3): Costs continued to rise this cycle, reaching the 17972 CD3 penetration degree. The earlier vary was 187.75 handles with 653,000 contracts exchanged.
…Transition from cycle day 3 to cycle day 1
this leads us Cycle Day 1 (CD1): Common decline charge 17854. Right now is a follow-up PPI report that gives perception into general inflation pressures. The bulls have performed an important job of absorbing the current sell-off and recovering to CPI market ranges. We are going to proceed to be versatile and attentive to day-to-day provide and demand impacts. Therefore the state of affairs to contemplate in at this time’s buying and selling.
bull state of affairs: Costs will stay bid above 17910 and initially goal the 17970-18010 zone.
bear state of affairs: Hold the value provide under 17910 and initially goal the 17875-17850 zone.
PVA excessive edge = 17923 PVA low edge = 17843 Earlier POC = 17910
Vary Forecast (NQ) March 2024 (H)
Commerce technique: Our tactical buying and selling technique stays unchanged. Flexibly commerce on each the lengthy and brief sides out of your decision-making pivot degree.keep centered bull/bear stacker and Premium/Low cost. As all the time, staying aligned with the dominant forces in the course of the day will increase the chance of a profitable commerce.
Keep centered… Keep open-minded… Keep disciplined All the time use stops.
Whole lot…David
“Understanding just isn’t sufficient, we should apply. Willingness alone just isn’t sufficient, we should act.” –Bruce Lee
*****This buying and selling technique report is distributed for “academic functions solely” and will under no circumstances be thought-about as a advice to purchase or promote futures merchandise. ”
Previous efficiency just isn’t essentially indicative of future outcomes
Vital Notices! No illustration is made that any income will likely be made by utilizing this technique, system or buying and selling method. Previous efficiency just isn’t essentially indicative of future outcomes. There’s a important threat of loss related to buying and selling securities and fairness choices. Solely threat capital needs to be used for buying and selling. Buying and selling securities just isn’t appropriate for everybody.
Disclaimer: Futures buying and selling, choices buying and selling, and forex buying and selling all have the potential for excellent income, however in addition they include important potential dangers. To spend money on these markets, you have to concentrate on the dangers and be keen to simply accept them. Do not commerce with cash you possibly can’t afford to lose.
This web site doesn’t represent a solicitation or provide to purchase or promote futures, choices, or currencies. No illustration is being made that any account will or is more likely to obtain income or losses much like these mentioned on this web site. The previous efficiency of a buying and selling system or technique just isn’t essentially indicative of future outcomes.
CFTC Rule 4.41 – Hypothetical or simulated efficiency outcomes are topic to sure limitations. Not like precise efficiency information, simulation outcomes don’t signify precise buying and selling. Additionally, since trades haven’t been executed, the outcomes could under- or over-compensate for the impression of sure market components, comparable to lack of liquidity, if any. It is usually influenced by the truth that simulated buying and selling applications are usually designed with hindsight in thoughts. No illustration is being made that any account will or is more likely to obtain income or losses much like these proven.
