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Trading Plans for THU. 09/14 - PPI and Initial Jobless ClaimsS&P 500 INDEX MODEL TRADING PLANS for THU. 09/14 As of the latest trading plans we published yesterday, Wed. 09/13: "Our models indicate bearish bias for positional trades while the index is below 4470 on a daily close basis. The index has to close above 4507 for our models to abandon the bearish bias". Just like the CPI numbers yesterday, the PPI numbers and the Initial Jobless Claims this morning came in a way that leaves room for subjective interpretations of being pro-bulls or pro-bears. The pre-session price action following the PPI and Jobless claims numbers this morning prompted our models to update their bias from bearish to neutral/indeterminate. Models continue to indicate that the index has to close above 4507 on a daily close basis to flip to a bullish bias. Between 4460 and 4507, models indicate a neutral/indeterminate bias. Aggressive, Intraday Trading Plans: For today, our aggressive intraday models indicate going long on a break above 4487, 4471, or 4450 with a 9-point trailing stop, and going short on a break below 4484, 4467, 4456, or 4448 with a 9-point trailing stop.  Models indicate explicit short exits on a break above 4449. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 09:31am EST or later. By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention). To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals. (WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)  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) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 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, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #softlanding, #cpi, #ppi, #initialjoblessclaims, #joblessclaims
SP:SPX
by TradersAIDotCom
CPI – Inflation, Disinflation, but No RecessionS&P 500 INDEX MODEL TRADING PLANS for WED. 09/13 Our trading plans published yesterday stated: "Our current bearish bias for positional trading continues, with the bear case appearing a little more plausible in the coming days. It is hard to find what unexpected bullish scenarios could evolve in the near future, so bulls need to be a bit cautious with their current gains. Taking some money off the table could be prudent". This morning's CPI numbers have something for everyone, leaving room for both bulls and bears to adapt them to their case. Immediately after the release, yields spiked up, but then fell back down...essentially leaving everything open to one's own interpretation. It remains to be seen if tomorrow's PPI numbers will be any more clarifying than that. Our models indicate bearish bias for positional trades while the index is below 4470 on a daily close basis. The index has to close above 4507 for our models to abandon the bearish bias. Aggressive, Intraday Trading Plans: For today, our aggressive intraday models indicate going long on a break above 4487, 4480, 4465, or 4450 with a 9-point trailing stop, and going short on a break below 4485, 4475, 4456, or 4448 with a 9-point trailing stop.  Models indicate explicit long exits on a break below 4463, and short exits on a break above 4459. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 09:31am EST or later. By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention). To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals. (WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)  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) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 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, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #softlanding, #cpi
SP:SPX
by TradersAIDotCom
Trading Plans for TUE. 09/12 - Spikey Consolidation, ContinuedS&P 500 INDEX MODEL TRADING PLANS for TUE. 09/12 Our current bearish bias for positional trading continues, with the bear case appearing a little more plausible in the coming days. It is hard to find what unexpected bullish scenarios could evolve in the near future, so bulls need to be a bit cautious with their current gains. Taking some money off the table could be prudent. Our models indicate bearish bias for positional trades while the index is below 4470 on a daily close basis. The index has to close above 4507 for our models to abandon the bearish bias. Aggressive, Intraday Trading Plans: For today, our aggressive intraday models indicate going long on a break above 4490, 4473, or 4450 with an 8-point trailing stop, and going short on a break below 4487, 4478, 4463, or 4448 with a 9-point trailing stop.  Models indicate explicit long exits on a break below 4470, and short exits on a break above 4481 or 4466. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 10:36am EST or later. By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention). To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals. (WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)  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) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 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, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #softlanding
SP:SPX
by TradersAIDotCom
Trading Plans for MON. 09/11 - Potential Spike-up Ahead?S&P 500 INDEX MODEL TRADING PLANS for MON. 09/11 Our current bearish bias for positional trading notwithstanding, our intraday models point to a possible spike up today. Shorts need to be patient and not jump the gun but wait for confirmation for initiating any new shorts. Our models indicate bearish bias for positional trades while the index is below 4470 on a daily close basis. The index has to close above 4507 for our models to abandon the bearish bias. Aggressive, Intraday Trading Plans: For today, our aggressive intraday models indicate going long on a break above 4492, 4483, 4475, 4466, or 4459 with an 8-point trailing stop, and going short on a break below 4487, 4480, 4472, or 4448 with a 9-point trailing stop.  Models indicate explicit long exits on a break below 4463 or 4457, and short exits on a break above 4450. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 09:36am EST or later. By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention). To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals. (WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)  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) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 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, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #softlanding
SP:SPX
by TradersAIDotCom
Trading Plans for FRI. 09/08 - Back to the Basics - Day 2S&P 500 INDEX MODEL TRADING PLANS for FRI. 09/08 As we wrote in our trading plans published yesterday, Thu. 09/07: "The index failed to close below 4450 yesterday, but showed continued weakness. The price action in the pre-market session after the Initial Jobless Claims is showing the potential for further weakness to develop. The retail positioning and the retail sentiment reinforce our view for a downward push to follow in the coming days. Rising yields are renewed concern for the bulls". This bias is still applicable for today. Our models are sporting outright bearish bias for positional trades while the index is below 4470. The index has to close above 4507 for our models to abandon the bearish bias. Aggressive, Intraday Trading Plans: For today, our aggressive intraday models indicate going long on a break above 4483, 4472, 4459, 4455, 4444, or 4436 with an 8-point trailing stop, and going short on a break below 4480, 4468, 4448, 4441, or 4434 with a 9-point trailing stop.  Models indicate explicit long exits on a break below 4457 or 4453, and short exits on a break above 4450. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 09:31am EST or later. By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention). To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals. (WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)  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) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 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, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #softlanding, #risingyields, #initialjoblessclaims
SP:SPX
by TradersAIDotCom
Trading Plans for THU. 09/07 - Back to the BasicsS&P 500 INDEX MODEL TRADING PLANS for THU. 09/07 As we wrote in our trading plans published yesterday, Wed. 09/06: "In this morning's session so far, markets continue to be listless with the bias sliding towards mildly bearish. Nevertheless, bears need to wait for a confirmation before taking any positional shorts - a daily close below 4450 today might give that confirmation". The index failed to close below 4450 yesterday, but showed continued weakness. The price action in the pre-market session after the Initial Jobless Claims is showing the potential for further weakness to develop. The retail positioning and the retail sentiment reinforce our view for a downward push to follow in the coming days. Rising yields are renewed concern for the bulls. Our models are sporting outright bearish bias for positional trades while the index is below 4470. The index has to close above 4507 for our models to abandon the bearish bias. Aggressive, Intraday Trading Plans: For today, our aggressive intraday models indicate going long on a break above 4490, 4472, 4445, or 4419 with an 8-point trailing stop, and going short on a break below 4488, 4468, 4457, 4442, or 4415 with a 9-point trailing stop.  Models indicate explicit short exits on a break above 4459. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 09:31am EST or later. By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention). To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals. (WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)  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) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 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, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #softlanding, #risingyields, #initialjoblessclaims
SP:SPX
by TradersAIDotCom
Consolidation, ContinuedS&P 500 INDEX MODEL TRADING PLANS for WED. 09/06 As we wrote in our trading plans published yesterday, Tue. 09/05: "Markets appear searching for a direction, with a mild bias to the upside which appears to be waning. This week could reveal some clues as to the near term direction". In this morning's session so far, markets continue to be listless with the bias sliding towards mildly bearish. Nevertheless, bears need to wait for a confirmation before taking any positional shorts - a daily close below 4450 today might give that confirmation. Aggressive, Intraday Trading Plans: For today, our aggressive intraday models indicate going long on a break above 4501, 4490, 4472, or 4445 with a 8-point trailing stop, and going short on a break below 4496, 4488, 4468, 4459, or 4442 with a 9-point trailing stop.  Models indicate explicit short exits on a break above 4462. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 11:46am EST or later. By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention). To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals. (WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)  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) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 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, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #softlanding, #oilprices
SP:SPX
by TradersAIDotCom
Consolidation Week Ahead?S&P 500 INDEX MODEL TRADING PLANS for TUE. 09/05 As we wrote in our trading plans published Fri. 09/01: "The NFP numbers paint a picture of potentially the hoped-for Goldilocks scenario could continue into the next Fed meeting, continue to push up the markets higher. On the flip side, any weakness in today's regular session could indicate the beginning of the end of the recent bull run". Markets appear searching for a direction, with a mild bias to the upside which appears to be waning. This week could reveal some clues as to the near term direction. Aggressive, Intraday Trading Plans: For today, our aggressive intraday models indicate going long on a break above 4432, 4418, or 4502 with a 9-point trailing stop, and going short on a break below 4528, 4516, 4498, or 4488 with a 9-point trailing stop.  Models indicate explicit long exits on a break below 4510, and short exits on a break above 4491. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 10:41am EST or later. By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention). To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals. (WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)  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) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 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, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #softlanding, #oilprices
SP:SPX
by TradersAIDotCom
NFP Numbers and the GoldilocksS&P 500 INDEX MODEL TRADING PLANS for FRI. 09/01 As we wrote in our trading plans published Mon. 08/28: “If we get a daily close above 4415 today then our models will flip to a moderately bullish bias. If not, they will continue to sport their bearish bias”. We got this confirmation with Monday's close, and our models have turned cautiously bullish on Tue. 08/29. Ever since, the markets have been on the upswing heading into - and, post - the NFP numbers release this morning. The NFP numbers paint a picture of potentially the hoped-for Goldilocks scenario could continue into the next Fed meeting, continue to push up the markets higher. On the flip side, any weakness in today's regular session could indicate the beginning of the end of the recent bull run. Aggressive, Intraday Trading Plans: For today, our aggressive intraday models indicate going long on a break above 4568, 4547, 4532, 4509, or 4491 with a 9-point trailing stop, and going short on a break below 4565, 4543, 4517, 4506, or 4488 with a 9-point trailing stop.  Models indicate explicit long exits on a break below 4555 or 4529, and short exits on a break above 4559 04 4522. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 09:31am EST or later. By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention). To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals. (WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)  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) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 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, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #earnings, #usdebt, #bankdowngrades, #nfp, #jobs, #nonfarmpayrolls, #payrolls
SP:SPX
by TradersAIDotCom
Bounce Above 4400 Sustainable? Day 3S&P 500 INDEX MODEL TRADING PLANS for FRI. 08/25 Notwithstanding Chair Powell's Jackson Hole speech, our models continue to not give credence to the bounce above 4400 in SPX. We need confirmatory signs before we negate our bearish bias. In our trading plans published Thu. 08/17, we wrote: "The index is approaching the 4400 level this morning. If it breaks down, then 4385 will be the next support". The index closed below that level on Thursday, and took down multiple support levels since then, and our models' bias has turned outright bearish on Friday, and will remain bearish while the daily close is below 4400. As we wrote in our trading plans published yesterday, Thu. 08/23: "It remains to be seen if this morning's surge above 4400 will be convincing enough for our models to abandon the bearish bias by tomorrow". Based on the early session action, we are not abandoning our bearish bias yet. We will reevaluate this on Monday. Aggressive, Intraday Trading Plans: For today, our aggressive intraday models indicate going long on a break above 4433, 4421, 4407, 4384, 4372, or 4356 with a 8-point trailing stop, and going short on a break below 4430, 4417, 4405, 4381, 4367, or 4353 with a 9-point trailing stop.  Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 10:31am EST or later. By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention). To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals. (WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)  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) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 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, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #earnings, #usdebt, #bankdowngrades, #nvidia
SP:SPX
by TradersAIDotCom
Bounce Above 4400 Sustainable? Day 2S&P 500 INDEX MODEL TRADING PLANS for THU. 08/24 In our trading plans published Thu. 08/17, we wrote: "The index is approaching the 4400 level this morning. If it breaks down, then 4385 will be the next support". The index closed below that level on Thursday, and took down multiple support levels since then, and our models' bias has turned outright bearish on Friday, and will remain bearish while the daily close is below 4400. As we wrote in our trading plans published yesterday, Thu. 08/23: "It remains to be seen if this morning's surge above 4400 will be convincing enough for our models to abandon the bearish bias by tomorrow". Based on the early session action, we are not abandoning our bearish bias yet. We will reevaluate this on Monday. Aggressive, Intraday Trading Plans: For today, our aggressive intraday models indicate going long on a break above 4477, 4463, 4452, 4433, 4421, or 4407 with a 8-point trailing stop, and going short on a break below 4460, 4448, 4430, 4417, or 4405 with a 9-point trailing stop.  Models indicate explicit long exits on a break below 4474. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 09:46am EST or later. By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention). To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals. (WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)  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) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 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, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #earnings, #usdebt, #bankdowngrades, #nvidia
SP:SPX
by TradersAIDotCom
Morning Bounce Above 4400 Sustainable?S&P 500 INDEX MODEL TRADING PLANS for WED. 08/23 In our trading plans published Thu. 08/17, we wrote: "The index is approaching the 4400 level this morning. If it breaks down, then 4385 will be the next support". The index closed below that level on Thursday, and took down multiple support levels since then, and our models' bias has turned outright bearish on Friday, and will remain bearish while the daily close is below 4400. While the index is between 4400 and 4350, expect sideways consolidation and a choppy market. It remains to be seen if this morning's surge above 4400 will be convincing enough for our models to abandon the bearish bias by tomorrow. Aggressive, Intraday Trading Plans: For today, our aggressive intraday models indicate going long on a break above 4430, 4419, 4401, or 4392 with a 9-point trailing stop, and going short on a break below 4425, 4416, 4405, 4399, or 4388 with a 9-point trailing stop.  Models indicate explicit short exits on a break above 4407. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 12:01pm EST or later. By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention). To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals. (WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)  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) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 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, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #earnings, #usdebt, #bankdowngrades
SP:SPX
by TradersAIDotCom
Bulls Need a Daily Close Above 4400S&P 500 INDEX MODEL TRADING PLANS for TUE. 08/22 In our trading plans published Thu. 08/17, we wrote: "The index is approaching the 4400 level this morning. If it breaks down, then 4385 will be the next support". The index closed below that level on Thursday, and took down multiple support levels since then, and our models' bias has turned outright bearish on Friday, and will remain bearish while the daily close is below 4400. While the index is between 4400 and 4350, expect sideways consolidation and a choppy market. It remains to be seen if this morning's attempt to push the index above 4400 will sustain till the end of the session. Aggressive, Intraday Trading Plans: For today, our aggressive intraday models indicate going long on a break above 4415, 4408, 4400, 4392, or 4381 with an 8-point trailing stop, and going short on a break below 4413, 4406, 4397, 4388, or 4369 with a 9-point trailing stop.  Models indicate explicit long exits on a break below 4378, and explicit short exits on a break above 4371. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 10:01am EST or later. By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention). To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals. (WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)  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) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 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, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #earnings, #usdebt, #fitch
SP:SPX
by TradersAIDotCom
Sideways Between Key LevelsS&P 500 INDEX MODEL TRADING PLANS for MON. 08/21 In our trading plans published Thu. 08/17, we wrote: "The index is approaching the 4400 level this morning. If it breaks down, then 4385 will be the next support". The index closed below that level on Thursday, and took down multiple support levels since then, and our models' bias has turned outright bearish on Friday, and will remain bearish while the daily close is below 4400. While the index is between 4400 and 4350, expect sideways consolidation and a choppy market. Aggressive, Intraday Trading Plans: For today, our aggressive intraday models indicate going long on a break above 4402, 4387, 4373, 4351, or 4341 with an 8-point trailing stop, and going short on a break below 4398, 4383, 4361, 4348, or 4339 with a 9-point trailing stop.  Models indicate explicit long exits on a break below 4370, and explicit short exits on a break above 4365. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 12:46pm EST or later. By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention). To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals. (WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)  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) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 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, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #earnings, #usdebt, #fitch
SP:SPX
by TradersAIDotCom
Trading Plans for FRI. 08/18 - Key Support Levels BrokenS&P 500 INDEX MODEL TRADING PLANS for FRI. 08/18 To start the week, our trading plans published on Monday, 08/14, stated: "The level of 4495-4505 is now the immediate key level for both Support and Resistance. 4445-4452 is the next support level, a daily close below which will turn our models cautiously bearish". On Wednesday, this level was breached. In our trading plans published yesterday, Thu. 08/17, we wrote: "The index is approaching the 4400 level this morning. If it breaks down, then 4385 will be the next support". The index closed below that level yesterday, and is taking down multiple support levels this morning. Our models' bias has turned outright bearish today, and will remain bearish while the daily close is below 4410. Aggressive, Intraday Trading Plans: For today, our aggressive intraday models indicate going long on a break above 4402, 4379, 4368, 4356, or 4341 with an 8-point trailing stop, and going short on a break below 4398, 4390, 4377, 4365, 4353, or 4339 with a 9-point trailing stop.  Models indicate explicit long exits on a break below 4427 or 4405, and explicit short exits on a break above 4392. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 11:36am EST or later. By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention). To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals. (WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)  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) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 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, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #earnings, #usdebt, #cpi, #ppi, #fitch, #fomcminutes
SP:SPX
by TradersAIDotCom
#ES_F Day Trading Prep Week 8.13-8.18 Last Week : Last week market went sideways between our Key Resistance and Current Support area which we established on Sunday. Selling seemed very mechanical again because we didn't have size plowing through important levels and continuing, instead we get holds/bounces then continuation which so far has been trapping more new longs on the way down who are looking for support or bigger bounces from here while filling lower. Thursday/Friday we finally saw breaks of 4487-79 Support and put in some volume under it as well but the break on Friday was done pre market hours and when RTH volume came in we were able to hold as market tagged the stops at 65-60 target but didn't hold/continue under trapping pre market shorts for support. We saw this time around that we didn't have strong enough buying to get us back over 4490s-4500 and we closed inside our Current Support for that week with more supply built up above. This Week : This week is a bit difficult to read because we are in the middle of a bigger range but we can look at what we currently have to work with. Overall I think we are still in correction lower as supply is coming out from above and we haven't seen anything to signal trend change to the upside on bigger time frames from here yet. Last week marked balanced in the lower part of this 4560-4490 range with failures to spend any time over Key Resistance area. Friday Globex built up enough supply to break the Support for the week but got no continuation after 65-60 tag, this should be our area to watch going into tonight if we open around it. So far again we are set to open under previous weeks settlements and that would mean as long as we are holding under 4510-4495 that should bring continued weakness. Going into tonight we have 4487-79 as an area to watch, will this previous Support now act as our Resistance or can the market find buyers to get back over it? If we can't hold this 87-79 area we have stops lined up under us starting at 75-70-65-60 area which we could go for if we either get selling or build up the supply. 4465-60 is an area to watch for any continuation this week, under it we can see 4445-37 // 4422-18 and maybe even 4403-4392 areas. Never know how much selling we will get and where the market will find the bid, if this is just trapped supply coming out and its not that much then we shouldn't see market go much lower if we do go there at all BUT just in case if enough selling comes in next Key Support area is 4375-60 and under. For market to regain strength again we would want to see it hold over 4465-60 and ideally be able to push over 4490-95 and 4510-02 area and hold as that would bring back stability and could bring in more buyers to head for higher stops, unless this happens I will only be looking for longs from lower Support areas after market shows holds and consolidations around them that look promising. If we do hold over 4510 we have 4532-25 as another Key Resistance, just over all not looking good for longs over 4500 right now unless we find a strong bid or buying that can push us over it first. I will be watching Globex tonight to see where we open and what we do at 87-79 area for possible continuation lower or if we start consolidating at/above then will wait for more information tomorrow. Levels to Watch : Resistance - Current 4490-95 Key 4508-02 // 4532-25 Support - Current 4479 // 4470-65 Stops under 4445-37 // 22-18 Next Key 4403-4392
CME_MINI:ES1!
by HollowMn
2
Trading Plans for THU. 08/17 - Key Support Level Being TestedS&P 500 INDEX MODEL TRADING PLANS for THU. 08/17 Our trading plans published on Monday, 08/14, stated: "The level of 4495-4505 is now the immediate key level for both Support and Resistance. 4445-4452 is the next support level, a daily close below which will turn our models cautiously bearish". Yesterday, this level was breached. We also wrote in that trading plan: "This support level is being approached as of this morning. Any sustained breach of this support could open 4400 level as the next support level". The index is approaching the 4400 level this morning. If it breaks down, then 4385 will be the next support. Aggressive, Intraday Trading Plans: For today, our aggressive intraday models indicate going long on a break above 4438, 4430, 4420, 4407, 4402, or 4383 with a 9-point trailing stop, and going short on a break below 4435, 4417, 4398, 4390, or 4380 with a 9-point trailing stop.  Models indicate explicit long exits on a break below 4427 or 4405, and explicit short exits on a break above 4392. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 11:30am EST or later. By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention). To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals. (WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)  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) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 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, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #stocks, #futures, #inflation, #recession, #earnings, #usdebt, #cpi, #ppi, #fitch, #fomcminutes
SP:SPX
by TradersAIDotCom