Bulls and Bears zone for 10-08-2019After rallying yesterday AM, market sold off aggressively to test the Low of the day.
During overnight session, market sold off more to test the High of October 3rd, 2019.
Need to see a test of overnight Lows, before deciding on direction.
Level to watch 2910-2908
News to be aware of :
US:Jerome Powell Speaks
1:50 PM ET
Sp1
Bulls and Bears zone for 10-07-2019Market has been trading sideways during overnight session.
Low of overnight session is at around 50% level of Fridays RTH session.
It probably needs to test overnight Lows before deciding on direction.
Level to watch 2935---2937
Report to watch:
US:Jerome Powell Speaks
1:00 PM ET
Bulls and Bears zone for 10-04-2019Market rallied this morning and trading higher than yesterdays close, after employment report was released.
I wonder if this rally is sustainable after market opens.
If yesterday was any indication, we might have another volatile day today.
Would need to look for a test of overnight Highs before deciding on direction.
Level to watch 2907---2909
Report to watch:
US:Jerome Powell Speaks
2:00 PM ET
Bulls and Bears zone for 10-03-2019Market tried to rally during overnight session but sellers kept pushing it down.
We might get another day for the bears today if market can not push above 2900.
Would look for a test of overnight Highs before deciding on direction.
Level to watch 2895---2893
Reports to be aware of :
US:PMI Services Index
9:45 AM ET
US:Factory Orders
10:00 AM ET
US:ISM Non-Mfg Index
10:00 AM ET
US:EIA Natural Gas Report
10:30 AM ET
Bulls and Bears zone for 10-02-2019After yesterdays aggressive selling, market sold off more during overnight session.
We will open gap down, will the market try to close the gap today.
Need to look for a test of overnight Low before deciding on direction.
Level to watch 2938-2940
Report to be aware of :
US: EIA Petroleum Status Report
10:30 AM ET
TRADERSAI.com - A.I.POWERED S&P 500 MODEL TRADES for TUE 10/01Pivotal Month Ahead: For Today, New Month in-flows to Keep the Markets (Artificially) Up?
In the absence of any major drivers, markets are mainly driven by exogenous factors such as the quarter end window dressing (yesterday), and potentially beginning of the month inflows today.
As we wrote on Friday morning, the SPX is stuck in a range of 2945-2995, until something pushes it out meaningfully in either direction. In the meantime, expect directionless meandering within this range.
Read below for our models' trading plans for today.
tradersai.com
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 (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, #models, #tradingplans, #outlook, #china, #tradewar, #recession, #yields, #tariffs, #impeachment
Bulls and Bears zone for 10-01-2019Yesterday market rallied in the morning and sold off in the afternoon.
During overnight session market rallied to 1.272 extension of yesterdays RTH session and sold off again.
It seems like the sellers are not ready to give up yet.
Level to watch 2987---2985
Reports to be aware of are:
US: PMI Manufacturing Index
9:45 AM ET
US:ISM Mfg Index
10:00 AM ET
US:Construction Spending
10:00 AM ET
Bulls and Bears zone for 09-27-2019Overnight session market has rallied above yesterdays RTH high.
However, based on price action, this rally looks weak.
Perhaps a test of overnight High before market decides on direction.
Level to watch 2981---2983 ( every day of this week market has tested this level)
Reports to be aware of are:
US:Consumer Sentiment
10:00 AM ET
Bulls and Bears zone for 09-26-2019After yesterdays rally market sold off to bounce at 61.8% level during overnight session.
To continue this rally, bulls have to push above 3000 level. Otherwise it might be a long day for Bulls.
Level to watch 2984-2982
Report to watch are:
US:Pending Home Sales Index
10:00 AM ET
US: EIA Natural Gas Report
10:30 AM ET
Bulls and Bears zone for 09-25-2019After yesterdays sell off market has tried to rally during overnight session, but sold off to test low.
If Bulls want to continue this rally, will need to get over 50% to 61.8% Fibonacci level of yesterdays RTH session.
Level to watch 2983---2981
Reports to be aware of are:
US:New Home Sales
10:00 AM ET
US:EIA Petroleum Status Report
10:30 AM ET
TRADERSAI - A.I. POWERED MODEL TRADES for Today, MON 09/23Geopolitical Headlines or Economic Releases to Dominate this Week?
Expect a lot of headlines involving the United Nations, the unfolding Trump-Ukraine scandal, and key economic releases this week (Consumer Confidence, Advance Trade Balance, GDP number, Durable Goods, and PCE Core).
Which one of these could drive the markets which way is anybody's guess, but our models indicate a slow grind up rather than down unless some major negative headline hits the wires. Read below for our models' trading plans for today.
tradersai.com
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 (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, #models, #tradingplans, #outlook, #china, #tradewar, #recession, #yields, #tariffs, #Fed, #Saudi, #Iran, #FOMC, #UnitedNations
TRADERSAI - A.I. POWERED MODEL TRADES for Today, FRI 09/20No Bad News is Good News, For Now
With the Fed in the rear view mirror(?), the trade dispute rhetoric appearing to be cooling off (could change with one tweet, though), and the geopolitical headlines not portending the sky falling off...markets are sporting a buoyant bias this morning.
In the absence of major macro drivers and in the light of the weekly option expiration today, open interest around major options strikes and other market micro structure related factors likely to determine the market action today. Read below for our models' trading plans for today.
tradersai.com
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 (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, #models, #tradingplans, #outlook, #china, #tradewar, #recession, #yields, #tariffs, #Fed, #Saudi, #Iran, #FOMC
Bulls and Bears zone for 09-20-2019Even though market sold off during yesterday afternoon, based on price action of last couple of hours it seemed more like accumulation.
If Bulls can defend yesterdays low, we might see a rally.
Need to keep and eye on Fibonacci extensions today.
Level to watch 3005-3007.
TRADERSAI - A.I. Powered Model Trades for THU 09/19 - RESULTSRESULTS of MODEL TRADING for THU 09/19
Results of our models' trading plans, published in the morning, are now available. Anyone can verify/cross-check the triggering of these trades from any source that provides charts.
THE GIST:
Medium-Frequency Models: Lead to +22.1 index points in gains on close out of the carried short from yesterday.
Aggressive, Intraday Models: Lead to +0.4 index points in gains on two long and one short trades.
THE DETAILS:
For the trade-by-trade details with time stamps, please check out the article below:
tradersai.com
IMPORTANT NOTES (NOT your typical fine print, but IMPORTANT and MEANT to DRAW YOUR ATTENTION TO):
These plans and results are hypothetical and NOT an investment advice to buy or sell any specific securities but are intended to aid – as informational, educational, and research tools – in arriving at your own investment/trading decisions. Please read carefully and understand the full notes and disclosures included in the article.
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #models, #tradingplans, #outlook, #china, #tradewar, #recession, #yields, #tariffs, #Fed, #Saudi, #Iran, #FOMC
Bulls and Bears zone for 09-19-2019Market sold off to 38.2% level of yesterday's RTH session and bounced and took out yesterday's high this morning.
We should see a pullback sometime today.
Level to watch 3015---3013
Reports to be aware of are:
US:Existing Home Sales
10:00 AM ET
US:Leading Indicators
10:00 AM ET
US:EIA Natural Gas Report
10:30 AM ET
TRADERSAI - A.I. POWERED MODEL TRADING for Today, THU 09/19Spike in Overnight Funding Rates an Anomaly or the Tip of the Iceberg?
The Fed has announced their operation in the overnight funding market today morning to arrest the spike in their rates - third time in as many days. The last time they had to do this was in 2008. Observers are scratching their heads to figure out just what might be going on - is this a temporary cash crunch or just the tip of something more ominous that is yet to surface?
For now - as of this morning - the equity futures markets seem to be not too concerned by it (or, by the increasing noise of the US-Saudi-Iran rhetoric). Unless these operations become more frequent, chances are that this would fade away; but, IF if it does repeat and raise concerns of potential spread to other markets, it could be a replay of 2008! While no need to panic right now, be alert to any further developments in this space. Read below for our models' trading plans for today.
tradersai.com
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 (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, #models, #tradingplans, #outlook, #china, #tradewar, #recession, #yields, #tariffs, #Fed, #Saudi, #Iran, #FOMC, #iceberg
TRADERSAI - A.I. Powered Model Trades for WED 09/18 - RESULTSResults of our models' trading plans, published in the morning, are now available. Anyone can verify/cross-check the triggering of these trades from any source that provides charts.
THE GIST:
Medium-Frequency Models: Lead to -4.4 index points in losses on one short trade. Open long – entered at 2989.9 at 3:10pm – is carried over with the 10-pt trailing stop anchored at 2997.8.
Aggressive, Intraday Models: Lead to +13.7 index points in gains on one long and one short trades.
THE DETAILS:
For the trade-by-trade details with time stamps, please check out the article below:
tradersai.com
IMPORTANT NOTES (NOT your typical fine print, but IMPORTANT and MEANT to DRAW YOUR ATTENTION TO):
These plans and results are hypothetical and NOT an investment advice to buy or sell any specific securities but are intended to aid – as informational, educational, and research tools – in arriving at your own investment/trading decisions. Please read carefully and understand the full notes and disclosures included in the article.
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #models, #tradingplans, #outlook, #china, #tradewar, #recession, #yields, #tariffs, #Fed, #Saudi, #Iran, #FOMC
TRADERSAI - A.I. POWERED MODEL TRADES for Today, WED 09/18Interest Rates and Powell to Trump Everything Else Today
The geopolitical scenario hasn't changed dramatically over the last couple of days, but the markets' focus will be entirely on the FOMC rate decision and outlook today. While the 25 basis point cut is almost a given, the outlook for future rate cuts is going to be the key that determines the market direction today, after 2pm EST.
While the outlook is anybody's guess, and is completely dynamic and dependent on many exogenous factors that even the Fed can not control or predict, pundits will be parsing every word Powell utters and does not utter, and the markets will be obsessed on the "outlook interpretation". Expect huge volatility and spikes in either direction surrounding the announcement, with only the daily close to give some small sense of the near term direction. Read below for our models' trading plans for today.
tradersai.com
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 (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, #models, #tradingplans, #outlook, #china, #tradewar, #recession, #yields, #tariffs, #Fed, #Saudi, #Iran, #FOMC