TRADERSAI - A.I. POWERED MODEL TRADES for Today, FRI 08/30
The Bear Case is Back to Rest, for Now
With China's softening (?) stand - or, the spin of it - has put the last few days of growing bear case to rest, at least for now. Until the earnings come into focus, there does not appear to be any fodder in sight to feed the bears (which may change in a whiff, of course).
The 2926 level our models have been monitoring is now clear, and the bias is to the upside until any new information to the contrary arrives on the scene. Read below for our models' trading plans for the day.
tradersai.com/sp-500-trading-plans-for-today-fri-08-30/
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.
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #models, #tradingplans, #outlook, #china, #tradewar, #recession, #yields
With China's softening (?) stand - or, the spin of it - has put the last few days of growing bear case to rest, at least for now. Until the earnings come into focus, there does not appear to be any fodder in sight to feed the bears (which may change in a whiff, of course).
The 2926 level our models have been monitoring is now clear, and the bias is to the upside until any new information to the contrary arrives on the scene. Read below for our models' trading plans for the day.
tradersai.com/sp-500-trading-plans-for-today-fri-08-30/
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.
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #models, #tradingplans, #outlook, #china, #tradewar, #recession, #yields
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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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