Market (prime article)
Financial calendar (4/1-4/5)
https://www.investing.com/economic-calendar/
S&P500
The earlier session Cycle day 3: Three-day cycle statistics had been achieved as we speak as final week’s value ended at an all-time excessive. The Bulls are “Rockin’” so we’ll proceed to correctly RESPECT! The vary was 20 handles with 1.13 million contracts exchanged.
…Transition from cycle day 3 to cycle day 1
this leads us Cycle day 1: The common decline on day 1 of the cycle is 5273. The foremost assist is marked on the 5300 spherical. Higher assist is marked at 5320 so long as a sustained bid can maintain. If profitable, the upside goal can be 5330-5335. Failure to maintain a sustained bid opens the pit for a possible reversal commerce again to key assist.
As all the time, our tactical commerce plan stays the identical…staying aligned with the dominant energy in Japan and China.
Situations to think about when buying and selling as we speak.
bull situation: Costs will stay bid above 5320 and can initially goal the 5330-5335 zone.
bear situation: The worth will hold the provide under 5320 and initially goal the 5305-5300 zone.
PVA excessive edge = 5314 PVA low edge = 5506 Earlier POC = 5310
***** A 3-day cycle satisfies the optimistic cycle statistics 90% of the time, protecting 12 years of recorded monitoring historical past.
Vary Forecast (ES) June 2024 (M)
Nasdaq 100 (NQ)
The earlier session Cycle day 3: Three-day cycle statistics had been achieved as we speak as final week’s value ended at an all-time excessive. The Bulls are “Rockin’” so we’ll proceed to correctly RESPECT! The vary was 91 handles with 505,000 contracts exchanged.
…Transition from cycle day 3 to cycle day 1
this leads us Cycle day 1: The common decline on day 1 of the cycle is 18423. Main assist is marked at 18450. So long as a sustained bid holds, higher assist is marked at 18530. If profitable, the upside goal can be 18590-18620. Failure to maintain a sustained bid opens the door to a possible reversal commerce again to main assist.
As all the time, our tactical commerce plan stays the identical…staying aligned with the dominant energy in Japan and China.
Situations to think about when buying and selling as we speak.
bull situation: Costs will preserve bids above 18530 and initially goal the 18590-18620 zone.
bear situation: Preserve the value provide under 18530 and initially goal the 18490-18450 zone.
PVA excessive edge = 18507 PVA low edge = 18472 Earlier POC = 18490
Vary Prediction (NQ) June 2024 (m)
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 through the day will increase the likelihood of manufacturing successful trades.
Keep centered… Keep open-minded… Keep disciplined All the time use stops.
Whole lot…David
“Figuring out is just not sufficient, we should apply. Willingness alone is just not sufficient, we should act.” –Bruce Lee
*****This buying and selling technique report is distributed for “instructional functions solely” and may under no circumstances be seen as a advice to purchase or promote futures merchandise. ”
Previous efficiency is just not essentially indicative of future outcomes
Necessary Notices! No illustration is made that any income can be made through the use of this technique, system or buying and selling method. Previous efficiency is just not essentially indicative of future outcomes. There’s a vital danger of loss related to buying and selling securities and fairness choices. Solely danger capital ought to be used for buying and selling. Buying and selling securities is just not appropriate for everybody.
Disclaimer: Futures buying and selling, choices buying and selling, and forex buying and selling all have the potential for nice income, however in addition they include vital potential dangers. To put money into these markets, you have to concentrate on the dangers and be keen to just accept them. Do not commerce with cash you’ll be able to’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 prone to obtain income or losses much like these mentioned on this web site. The previous efficiency of a buying and selling system or technique is just not essentially indicative of future outcomes.
CFTC Rule 4.41 – Hypothetical or simulated efficiency outcomes are topic to sure limitations. Not like precise efficiency data, simulation outcomes don’t symbolize precise buying and selling. Additionally, since trades haven’t been executed, the outcomes could under- or over-compensate for the affect of sure market elements, comparable to lack of liquidity, if any. Usually, simulated buying and selling packages are additionally influenced by the truth that they’re designed with hindsight in thoughts. No illustration is being made that any account will or is prone to obtain income or losses much like these proven.
