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Do not forget - later

Posted by steve on 23rd of Apr 2024 at 11:01 am

Do not forget - later this week we have MEGA caps reporting such as META and especially MSFT (market movers)

Then you should follow your plan - hopefully you bought the dip when GDX was bouncing to form a lower high.   Very short term GDX made a divergent low on 15 minute and bounced. 

That is up to you

Steve, Is it a good time to  sell DUST?

Posted by steve on 23rd of Apr 2024 at 10:49 am

That is up to you depending upon your own strategy - for example are you speculating or using as a hedge?   In other words, you must devise and follow a PLAN.  I cannot stress the importance of this enough.   Many want to be told what to do instead of putting together a sound plan (approach) that suits THEIR needs which is what matters most. 

ES Update

4/28 ES Levels June Contract  (ESM24) 

Posted by steve on 23rd of Apr 2024 at 10:35 am

Achieved primary target 5103 - this is a potential rejection zone so TRIM and TRAIL

DELL (recent trade idea) has

Posted by steve on 23rd of Apr 2024 at 10:27 am

DELL (recent trade idea) has provided a decent bounce but now testing 20 day MA

OSCR

oscr still moving up

Posted by steve on 23rd of Apr 2024 at 10:25 am

Yes Morton - it held and bounced off 9 day EMA

GC Backtesting 2345 breakdown area - mentioned to Matt yesterday if that was lost last night it would drop like a rock which it did overnight 

SPX 15 Updated View

Posted by steve on 23rd of Apr 2024 at 10:07 am

USD

Posted by steve on 23rd of Apr 2024 at 10:01 am

USD and 10 Y Yields

Posted by steve on 23rd of Apr 2024 at 09:50 am

USD and 10 Y Yields spike down

SPY/SPX  has potential 5 waves

Posted by steve on 23rd of Apr 2024 at 09:47 am

SPY/SPX  has potential 5 waves up now off the low 

Just tested yesterday's high

Monday Newsletter

Posted by steve on 23rd of Apr 2024 at 09:44 am

Just tested yesterday's high

Nice - perfect bounce off

Monday Newsletter

Posted by steve on 23rd of Apr 2024 at 09:43 am

Nice - perfect bounce off support overnight on ES

GCT hit 39

Posted by steve on 23rd of Apr 2024 at 09:40 am

GCT hit 39

Decent bounce on ES from

Monday Newsletter

Posted by steve on 23rd of Apr 2024 at 09:05 am

Decent bounce on ES from the highlighted support (5044/38) last evening - support now shifts up to 5060/56 zone with major support still at 5044/38  overhead targets 5073/81 then 5092 with bigger zone at 5103/07 as mentioned yesterday 

GC falling again tonight

Monday Newsletter

Posted by steve on 22nd of Apr 2024 at 10:07 pm

GC falling again tonight

Monday Newsletter

Posted by steve on 22nd of Apr 2024 at 07:02 pm

SPY 120

Posted by steve on 22nd of Apr 2024 at 03:58 pm

Right on cue with ES

4/28 ES Levels June Contract  (ESM24) 

Posted by steve on 22nd of Apr 2024 at 02:41 pm

Right on cue with ES from 5077 

You should devise and follow your plan depending upon one's risk tolerance.   One thing to consider, is to lock in some gains to protect and offset the emotional swings - when you have some gains locked down, it allows for more freedom on the balance.  But again that's YOUR choice. 

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