Archives -> Tuesday October 8th, 2024 Newsletter

Tuesday October 8th, 2024 Newsletter

Hello Everyone,

Yesterday, the SPX/QQQ came down towards their rising 20 day MAs and their respective demand zones and we saw a responsive move overnight with China and Crude Oil moving lower overnight.  The overall context remains unchanged with the market remaining in a range (energy is building ahead of new later this week).  Today, we saw some inflow in big tech (XLK/XLC) with profit taking in energy/metals. However, the middle east remains a fluid situation (unknown). 

ES levels posted on trading community. 

Here's a link to Tonight's Newsletter.

Please take a moment to look at the trade ideas.

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