Archives -> Thursday December 5th, 2024 Newsletter

Thursday December 5th, 2024 Newsletter

Hello Everyone,

On Tuesday, I pointed out the key support level on ES 6059 which held and reached the 6100+ target area discussed that evening.  Today, the SPX/QQQ made marginal new highs then pulled back into the close while IWM continued to move lower.  I posted a few charts out in the trading community to examine quickly. The past week has seen an implosion in the RSP/SPY with the Generals (megacaps) holding up while the troops (equal market/most sectors) falling off some. 

Tomorrow, we have the Monthly payroll report (yes the one that's been revised down nearly every month).  

ES Levels Posted in Trading Community 

Here's a link to Tonight's Newsletter.

Please take a moment to look at the trade ideas.

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