TRADERSAI - A.I. Powered Model Trades for Today, MON 08/19
It's a Dogfight Out There!
With all the volatility witnessed in the markets last couple of weeks, you can probably relate to the dogfight in the image above - that is being waged between the bulls and the bears. As we explicitly took a stand of, there seems to be no particular side exerting or enjoying any dominance, yet.
In such directionless markets, typically the market moves happen in a way to inflict the maximum pain on the weak hands (typically retail investors). The American Association of Individual Investors' sentiment survey results of last Wednesday showed that individual investors were extremely bearish, and presumably approached the weekend with large short positioning. That could be one of the drivers of the large and sustained up move from the panicky selling last week.
The markets for today may continue to shake out the weak hands (margin calls, stop outs etc by the brokers). The real strength of any side, if any exists, will manifest itself only after that. It would be prudent to not take longer term positioning today. This market action can be a bonanza for market makers and aggressive, high frequency traders who can trade in either direction.
Read below for our models' trading plans for the day. Good luck with your trading or trading education!
tradersai.com/sp-500-trading-plans-for-mon-08-19/
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) The results of these indicated trades would vary widely depending on the timeframe you use (1 minute, or 5 minute, or 15 minute or 60 minute etc), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#ES #ESMINI #SP500 #SPX #SPY #Fed #China #Yuan #Yields #Rates #Tariffs #Tradewar #recession
With all the volatility witnessed in the markets last couple of weeks, you can probably relate to the dogfight in the image above - that is being waged between the bulls and the bears. As we explicitly took a stand of, there seems to be no particular side exerting or enjoying any dominance, yet.
In such directionless markets, typically the market moves happen in a way to inflict the maximum pain on the weak hands (typically retail investors). The American Association of Individual Investors' sentiment survey results of last Wednesday showed that individual investors were extremely bearish, and presumably approached the weekend with large short positioning. That could be one of the drivers of the large and sustained up move from the panicky selling last week.
The markets for today may continue to shake out the weak hands (margin calls, stop outs etc by the brokers). The real strength of any side, if any exists, will manifest itself only after that. It would be prudent to not take longer term positioning today. This market action can be a bonanza for market makers and aggressive, high frequency traders who can trade in either direction.
Read below for our models' trading plans for the day. Good luck with your trading or trading education!
tradersai.com/sp-500-trading-plans-for-mon-08-19/
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) The results of these indicated trades would vary widely depending on the timeframe you use (1 minute, or 5 minute, or 15 minute or 60 minute etc), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#ES #ESMINI #SP500 #SPX #SPY #Fed #China #Yuan #Yields #Rates #Tariffs #Tradewar #recession
WWW.TRADERSAI.COM
From The CFA Institute:
tradersai.com/14625-2/
blogs.cfainstitute.org/investor/2022/12/15/what-can-ai-do-for-investment-portfolios-a-case-study/
Join our substack: tradersai.substack.com/
From The CFA Institute:
tradersai.com/14625-2/
blogs.cfainstitute.org/investor/2022/12/15/what-can-ai-do-for-investment-portfolios-a-case-study/
Join our substack: tradersai.substack.com/
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