TRADERSAI - A.I. POWERED MODEL TRADES for Today, WED 09/11When The Nation's Leaders Engage in their "Boneheadedness" Even on Such a Solemn Day...
Most of the nation is scratching their heads and searching their souls in embarrassment and pain with the President's tweet about the "boneheads" at Fed, on the morning of such a solemn day as the 9/11! Is our national fabric changed forever since that dark day and are we stuck with this kind of lowly standards of speech and behavior for our leadership?
The markets seem to be surely pondering on such a fundamental question, and the lack of leadership (policy, economic, or moral) and how it is going to fundamentally impact our economy and its future. The choppy trading is to continue until more clarity emerges on the monetary policy at the national level as well as across the pond, hopefully by the end of the next week.
Over the couple of weeks that the above unfolds fully, the markets could be meandering in a directionless, choppy manner, easily pushed around in either direction by headline rhetoric. Our models (continue to) indicate nimble, agile trading as the theme for the next few weeks. 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
Sp1
Bulls and Bears zone for 09-11-2019Yesterday market sold off first then rallied to close positive.
Today's overnight session did just the opposite of yesterday.
During overnight session market rallied to Fibonacci 1.272 level of yesterday's RTH session and currently trading above close.
Level to watch 2976---2974
Reports to be aware of:
US:Wholesale Trade
10:00 AM ET
US:EIA Petroleum Status Report
10:30 AM ET
TRADERSAI - A.I. Powered Model Trades for Tue 09/10 - OUTCOMESResults 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 -2.5 index points in losses on four long and five short trades. The fifth long trade is open and is being carried into the next session, with a 10-point trailing stop anchored at 2970.5.
Aggressive, Intraday Models: Lead to a -0.5 index point in loss on five long and five 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, #results, #outcomes, #china, #tradewar, #tariffs, #recession, #yields
TRADERSAI - A.I. POWERED MODEL TRADES for Today, TUE 09/10Reality Check - not Rhetoric - to Determine the Market Direction...Sooner or Later
The "optimism" fed by rhetoric and spin seems to be slowly giving way to reality check or waiting for the reality check - whether it be on the trade war or on the state of economy. The markets stalled yesterday, apparently tired of the "optimism" rhetoric induced run up the last few sessions.
Later this week and next week are filled with some reality checks (or, a sense of such) in the form of ECB monetary policy/statements and then from our own Fed. Add in the upcoming earnings season...then, we have the reality check that the markets would be held against.
The few weeks until the above unfolds fully, the markets could be meandering in a directionless manner, easily pushed around in either direction by headline rhetoric. Our models (continue to) indicate nimble, agile trading as the theme for the next few weeks. 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
TRADERSAI - A.I. Powered Model Trades for MON 09/09 - OUTCOMESResults 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: Open long from Thursday, 09/05, entered at 2974.6, closed out at 2980.4 for a gain of +5.8 index points.
Aggressive, Intraday Models: Lead to +15.4 index points in gains on two long and two 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, #results, #outcomes, #china, #tradewar, #tariffs, #recession, #yields
TRADERSAI - A.I. POWERED MODEL TRADES for Today, MON 09/09When Markets Appear Hunky-Dory...
The gloom and doom apparently pervasive on the markets from just a few days back looks and feels like ages ago, with the new found (fed) "optimism" about the trade war and the surrounding rhetoric. Investors may be lulled into feeling optimistic about the markets, but there is a lot going on across the pond this week, and then we have the Fed on interest rates (economy) next week.
How much of the current state of hunky-dory is based in fundamental reality will be revealed over the next few weeks, but the bull case is driving the markets this morning as well. Read below for our models' trading plans for the day.
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
TRADERSAI - A.I. Powered Model Trades for FRI 09/06 - OUTCOMESResults 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: Open long from Thursday, 09/05, entered at 2974.6, carried to the next session with the 9-point trailing stop anchored at 2976.03.
Aggressive, Intraday Models: Lead to -4.6 index points in losses on one long trade.
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, #results, #outcomes, #china, #tradewar, #tariffs, #recession, #yields, #hongkong, #nfp, #payrolls
S&P Long Term Fib Targets + Fundamentals-Short Entry ApproachingS&P 500 Possibly setting up for an exceptional short opportunity over the next few weeks, possibly into October.
First, the technicals.... I added Fibonacci levels to the long term monthly chart using the 2009 low and aligned significant levels to highlight important historical levels on the chart.
0.618 = Double top from 2000 & 2007
0.382 = Intermediate resistance from 2014 to 2016
0.236 = The exact monthly close following the bounce from Dec 2018 lows
0.5 & 0.786 Also acted as support and resistance, but to a less significant degree than the examples above.
If we conclude that these fib levels are placed properly (which I have), it puts the top in and around 3060.
It's a little difficult to see on the monthly chart, but a trend-line connecting the tops from Jan 2018 to present would present a similar resistance level (near 3060). I will post a close-up of this trend line on a shorter time-frame chart in the comments. In my opinion, a sustained break above this trend line is quite unlikely. A test of this trend line would produce a new high, stopping out weak shorts with stops above the prior swing high, increase bulls complacency through enthusiasm of making a new high. Market has been rallying around Fed policy and the prediction of FOMC rate cut, scheduled September 18. After this there is little to base a sustained rally in the markets on.
The red triangles on the chart are all placed on the month of October and coincidentally (or not) show times when the market began a large selloff. October 1929 (Market crash of the Great Depression) could be added to this list.
Expect a retest of the 2018 lows sooner or later and if broken, there is a lot of room to move to the downside.
TRADERSAI - A.I. POWERED MODEL TRADES for Today, FRI 09/06Non Farm Payrolls Disappoint - Markets Cheering(?)
The lower than expected non-farm payrolls number looks to be feeding into the upside momentum in the markets - apparently with the hope that the Fed might be pressured into lowering rates aggressively. Or, it could just be a technical bounce related to the options expiration and other market micro-structural issues which may not be sustainable even into the next week.
How far the current rise would continue is something to be seen, but the bull case is driving the markets this morning as well. Read below for our models' trading plans for the day.
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, #jobs, #payrolls, #nfp
Bulls and Bears zone for 09-06-2019Yesterday end of the day market sold off to Fibonacci level 61.8% which by itself is bearish.
Overnight session market stopped its rally at High of yesterday's RTH session.
We might see traders taking profit today and a pullback.
Level to watch 2981---2983
Report to watch :
US:Jerome Powell Speaks
12:30 PM ET
TRADERSAI - A.I. Powered Model Trades for THU 09/05 - OUTCOMESResults 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 -0.3 index point in loss on one long trade, and one open long (entered at 2974.6, with 9-point trailing stop anchored at 2971.6).
Aggressive, Intraday Models: Lead to +13.7 index points in gains on one long trade.
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, #results, #outcomes, #china, #tradewar, #tariffs, #recession, #yields, #hongkong
Bulls and Bears zone for 09-05-2019Overnight session market has rallied substantially high.
After two days of overnight rally, would expect test of the ETH High and pull back to probably close the gap.
Level to watch 2966---2964
Reports to be aware:
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
TRADERSAI - A.I. POWERED MODEL TRADES for Today, THU 09/05The Baffled Bear: "Trade Negotiations New News"?!
The market bears are baffled by its rise last two sessions on what could be described as "new old news": China and US agreeing to negotiate (again)! Those who are on the right side are feeling smart for "predicting" the rise.
The 2926 level our models have been monitoring is now clearly in the rear view, and the bias is to the upside until any new information to the contrary arrives on the scene - potentially the earnings season or a Fed disappointment. How far the current rise would continue is something to be seen, but the bull case is driving the markets this morning. Read below for our models' trading plans for the day.
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
TRADERSAI - A.I. Powered Model Trades for WED 09/04 - OUTCOMESResults 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 -11.8 index points in losses on two long and two short trades.
Aggressive, Intraday Models: Lead to +1.7 index points in gains on six long and five short trades.
THE DETAILS:
For the trade-by-trade details with time stamps, please check out the article below:
tradersai.com
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #models, #tradingplans, #results, #outcomes, #china, #tradewar, #tariffs, #recession, #yields, #hongkong
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.
TRADERSAI - A.I. POWERED MODEL TRADES for Today, WED 09/04Its All About Hong Kong this Morning!
The Hang Seng was up significantly overnight on the news that Carrie Lam has announced that she was scrapping the controversial extradition law. US indices are up in sympathy. “How long would this last?” is the question on everyone’s mind, but the indices are shooting up for now.
Given that nothing has changed with respect to the trade war, and the economy, it would be prudent to take this “rally” with a grain (or, cup, if you will) of salt. Our models continue to sport the agile-and-nimble trading theme today. Read below for our models’ trading plans for the day.
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 #hongkong
TRADERSAI - A.I. Powered Model Trades for TUE 09/03 - OUTCOMESResults 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: No trades triggered today.
Aggressive, Intraday Models: Lead to +5.2 index points in gains on ten long and ten short trades. The high number of trades - most of them in a flip-flop fashion - is reflective of the manifestation of the choppiness of the markets the models indicated in the morning.
THE DETAILS:
For the trade-by-trade details with time stamps, please check out the article below:
tradersai.com
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #models, #tradingplans, #results, #outcomes, #china, #tradewar, #tariffs, #recession, #yields
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.
TRADERSAI - A.I. POWERED MODEL TRADES for Today, TUE 09/03Be Wary of These Choppy Markets
The US-China trade war does not seem to go away anytime soon (until some "leaders" hopefully learn that shewing and bullying does not make for "negotiating" strategies or tactics). Friday's market action indicated that our models' often cited level of 2926 is still a major resistance for the upside.
Our models are back to the agile-and-nimble trading theme today. Read below for our models' trading plans for the day.
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 (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
Bulls and Bears zone for 09-03-2019Since Friday, market has pulled back below 2900.
We might get some more selling today after a test of overnight High.
Level to watch 2912---2910
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
TRADERSAI - A.I. Powered Model Trades for FRI 08/30 - OUTCOMESResults 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 -25.6 index points in losses on two long trades and close out of the carried short trade.
Aggressive, Intraday Models: Lead to +1.9 index points in gains on five long and five short trades.
THE DETAILS:
For the trade-by-trade details with time stamps, please check out the article below:
tradersai.com
#spx, #spx500, #spy, #sp500, #esmini, #indextrading, #models, #tradingplans, #results, #outcomes, #china, #tradewar, #recession, #yields
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.