SPX Trader's Newsletter

Welcome to FOMC week Markets took a turn to the downside on Friday after the open and closed at lows breaking some short term support zones. Overnight markets on Sunday are extending the move downwards gearing up to test some long term support levels soon.

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Welcome to quarterly opex day Bears squandered an opportunity on Thursday to push markets to new weekly lows and bulls capitalized on the opportunity t…

Sep 17

Welcome to SPY dividend day. Marked bounced back sharply from initial support zones on Wednesday to close near highs after failing to dip below Tuesday…

Sep 16

Welcome to CPI Day Bears gained some traction during the RTH session on Monday until bulls struck back in the last hour. While the bias is still mildly…

Sep 14

Welcome to a news filled Quarterly opex week. Fed believers should be watching the inflation data to be released on Tuesday. Futures starting to roll o…

Sep 13

Sep 10

Markets dipped a bit on Wednesday but buyers showed up to defend technical support zone. Weekly charts look strong with bears failing to make any deep …

Sep 9

Futures Rollover is upon us contributing to the technical weakness in markets however the weakness is yet to show up in price across all indices. Overn…

Sep 8

SPX Trader's Newsletter

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