TRADERSAI - A.I. Powered Model Trades for FRI 08/23 - OUTCOMESRESULTS of MODEL TRADES for FRI 08/23
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:
The index essentially melted down on Friday, logging the fourth straight week of losses, due to Powell's not-so-supportive (for rate cuts) G7 speech, China's retaliatory tariffs, and President Trump's reactions with his trademark knee-jerk tweets.
Both of our models were able to catch and ride the steep drop and managed to register decent positive returns on the day while the index lost 75.84 points (-2.59%).
Medium-Frequency Models: Lead to +11.1 index points in gains on one short trade.
Aggressive, Intraday Models: Lead to +40.2 index points in gains on two short trades.
THE DETAILS:
For the trade-by-trade details with time stamps, please check out the article below:
tradersai.com
#ES #SPX #SP500 #SPY #IndexTrading #Results #Outcomes #TradingPlans #Education #China #Tariffs #Tradewar #Yields #Fed
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.
Sp1
Is S&P leaving footprint of what is to come in near future Patience, Observation and Analysis is what needed in this market.
Let's look at the pattern on this daily chart.
1) First time when market sold off on September of 2018, it rallied to 61.8% level and sold off aggressively to 161.8% level of Flag 1
Then it rallied to 1.272 level of Flag 2
2) Flag 3 market sold off again and stopped at 38.2% level pf Flag 1.
Then it rallied to 1.272 level of Flag 3
3) Current Flag 4, market sold off to 38.2% level of Flag 3 and so far it has tested this level Three times by making Higher Lows.
My educated guess would be it might rally to 1.272 Level of Flag 4 based on previous rallies.
One thing that i have noticed during each one of these sell offs is that the number of days has been decreasing as well. Sell offs are taking less number of days.
Is the market going to continue its pattern and rally to 1.272% level of Flag 4 like it did last 3 times?
If it does rally like before, will the S&P sell off very aggressively and and rebound at which level this time?
And are we going to have a repeat of January 2018 this time?
I suppose time will tell, just need to be Patient, Observe and then analyse again.
S&P500, Standard & Poor 500 - Potential Ascending TriangleCME:SP1!
In the last week the American market has lost value and on the 4h chart we notice a potential upward triangle if it were to bounce on the dynamic support.
This is a phase of uncertainty and we will evaluate opportunities in the various companies.
Bulls and Bears zone for 08-23-2019During overnight session market has rallied to 1.618 Fibonacci level of day before yesterday's RTH level.
Until tariff news came out of China, market sold off aggressively.
Most of the time, market will retrace and test 50% or 61.8% level of sell off.
Today might be a good day to keep an eye on all Fibonacci levels for this weeks RTH session.
Level to watch 2928---2926
News to be aware of are:
US:New Home Sales
10:00 AM ET
US:Jerome Powell Speaks
10:00 AM ET
TRADERSAI - A.I. Powered Model Trades for THU 08/22 - 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:
The index essentially closed unchanged (-1.48, -0.05%), after oscillating within a range of 26.43 points intraday. Our medium-frequency models didn't trigger any trades - consistent with what one can expect with such 'unch' move in the index; our aggressive intraday models did make four trades in this tight market - consistent with their 'aggressive' nature - and managed to squeeze out 12.9 points of gains for the day and going into all cash at the end.
Medium-Frequency Models: No trades triggered today.
Aggressive, Intraday Models: Lead to +12.90 index points in gains on three longs and one short.
THE DETAILS:
For the trade-by-trade details with time stamps, please check out the article below:
tradersai.com
#ES #SPX #SP500 #SPY #IndexTrading #Results #Outcomes #TradingPlans #Education #China #Tariffs #Tradewar #Yields #Fed
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, THU 08/22(these plans were published at tradersai.com much earlier - re-posting it here for your easy reference; please subscribe at tradersai.com for free - no credit card required - if you want to be able to view the posts as soon as they are originally published)
PLEASE NOTE that the chart shows a short level at 2921 (from yesterday), but it is updated to 2918 (the text of the trading plans show the correct level of 2918 but the chart does not; not sure how to change the level on the chart once published, hence this note)
Powell in Hole, Esther on Accommodation, Yields in Inversion...
Fed Chair Powell's speech at Jackson Hole tomorrow is going to be watched very keenly and parsed feverishly, and can set the tone of the trading for the next week. Kansas' Fed Esther's comments that July rate cut was "not necessary" could be setting the tone for Powell's speech? May be, may be not - but, the FOMC meeting minutes released yesterday coupled with her comments today could have some on the markets worried.
Add to the above the inversion in the yield curve, and we have a potential storm brewing. The unwinding of it all could jolt the markets out of the range they have been stuck in for the last few weeks. Read below for our models' trading plans for the day (mostly unchanged from yesterday's). Good luck with your trading and/or trading education!
tradersai.com
#ES #ESMINI #SP500 #SPX #SPY #Fed #China #Yuan #Yields #Rates #Tariffs #Tradewar #recession #FOMC
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.
Bulls and Bears zone for 08-22-2019Overnight market has been trading within yesterdays RTH session range.
It seems like we might see a breakout one way or the other direction.
Market might test overnight High before any direction.
Level to watch 2916---2914
Reports to be aware of are :
US:Leading Indicators
10:00 AM ET
US:EIA Natural Gas Report
10:30 AM ET
TRADERSAI - A.I. POWERED MODEL TRADES for WED 08/21 - 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 -13.70 index points in losses on two longs and two shorts.
THE DETAILS:
For the trade-by-trade details with time stamps, please check out the article below:
tradersai.com
#ES #SPX #SP500 #SPY #IndexTrading #Results #Outcomes #TradingPlans #Education #China #Tariffs #Tradewar #Yields #Fed
IMPORTANT NOTES (NOT your typical fine print, but IMPORTANT and MEANT to DRAW YOUR ATTENTION TO):
(i) The index by itself is NOT tradable. The model plans here based on the S&P index level can be used to trade any instrument that tracks the index – the futures on the index (ES, ES-mini), the options on the futures (ES options), the SPX options, the ETF SPY are just a few examples of the instruments one can adapt these plans to.
(ii) The trades indicated are not reflective of or indicative of any specific outcomes for any specific individual – your exact results would vary widely, depending on the time frame you use – tick chart, 1-min chart, 5-min chart, 15-min chart etc, as well as the quality of the execution of your broker, the stop levels you use based on your risk tolerance and your trading style.
(iii) 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 the full disclosures at the bottom of the article on our website for additional notes and disclaimers.
TRADERSAI - A.I. POWERED MODEL TRADES for Today, WED 08/21FOMC Meeting Minutes to Offer Help for Market Bulls?
The early exuberance around retail earnings notwithstanding, FOMC meeting minutes release at 2:00pm EST is going to set the tone for the market's mood for the rest of the week until Friday. Plummeting bond yields and the underlying recession concerns, or the skyrocketing retail earnings and the strong consumer - which one is keeping the Feds awake at night?
It is a question that is discussed and analyzed ad nauseam by everyone everywhere else - here, we will stick to trying to figure out ways to trade around and through all the noise. Read below for our models' trading plans for the day. Good luck with your trading and/or trading education!
tradersai.com
#ES #ESMINI #SP500 #SPX #SPY #Fed #China #Yuan #Yields #Rates #Tariffs #Tradewar #recession #FOMC
Bulls and Bears zone for 08-21-2019Market has rallied during overnight session and tested yesterday RTH High.
Next level to test would be Fibonacci 1.272 level of yesterdays RTH.
Levels to watch 2920---2918
Report to be aware of are :
US:Existing Home Sales
10:00 AM ET
US:EIA Petroleum Status Report
10:30 AM ET
US:FOMC Minutes
2:00 PM ET
TRADERSAI - A.I. Powered Model Trades for TUE 08/20 - 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, 08/15 (with entry point at 2835) got closed with +84.01 index points in gains. No new trades opened today.
Aggressive, Intraday Models: Lead to +27.50 index points in gains on four longs and five shorts. The rather high number of flip flop trades alternating between shorts and longs is consistent with our morning's forecast for a roller coaster ride.
THE DETAILS:
For the trade-by-trade details with time stamps, please check out the article below:
tradersai.com
#ES #SPX #SP500 #SPY #IndexTrading #Results #Outcomes #TradingPlans #Education #China #Tariffs #Tradewar #Yields #Fed
TRADERSAI - A.I. POWERED MODEL TRADES for TODAY, TUE 08/20Not Done Yet!
The roller coaster ride of the last few weeks does not seem to end any time soon, as neither the bulls nor the bears have any advantage here as of now. Hence, investors need to be nimbler and more agile than usual if want to trade in these markets. Or, have deep pockets and be able to sit tight when the markets go against your positions if you have serious conviction in them.
While our medium-frequency models indicate no clear bias to either side, they indicate not going short while the index is above 2900. Read below for our models' trading plans for the day. Good luck with your trading and/or trading education!
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.
#ES #ESMINI #SP500 #SPX #SPY #Fed #China #Yuan #Yields #Rates #Tariffs #Tradewar #recession
Bulls and Bears zone for 08-20-2019Yesterday market close was same as its open which seems like Bulls are not giving up.
Also during overnight session market has been trading same range as yesterday RTH session.
Market will probably test overnight session High before deciding on direction.
Level to watch 2923---2925
TRADERSAI - A.I. Powered Model Trades for MON 08/19 - 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, 08/15 (with entry point at 2835) survived the day's session, and is being carried into Tuesday's session (or, overnight session if you are trading the index futures) with an 11-point trailing stop trigger at 2920.00.
Aggressive, Intraday Models: Lead to +14.94 index points in gains on two longs.
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, before you decide to put your hard earned money on our trading plans):
(i) The index by itself is NOT tradable. The model plans here based on the S&P index level can be used to trade any instrument that tracks the index – the futures on the index (ES, ES-mini), the options on the futures (ES options), the SPX options, the ETF SPY are just a few examples of the instruments one can adapt these plans to.
(ii) The trades indicated are not reflective of or indicative of any specific outcomes for any specific individual – your exact results would vary widely, depending on the time frame you use – tick chart, 1-min chart, 5-min chart, 15-min chart etc, as well as the quality of the execution of your broker, the stop levels you use based on your risk tolerance and your trading style.
(iii) 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 the full disclosures at the bottom of the article on our website for additional notes and disclaimers.
#ES #SPX #SP500 #SPY #IndexTrading #Results #Outcomes #TradingPlans #Education #China #Tariffs #Tradewar #Yields #Fed
TRADERSAI - A.I. Powered Model Trades for Today, MON 08/19It's a Dogfight Out There!
With all the volatility witnessed in the markets last couple of weeks, you can probably relate to the dogfight in the image above - that is being waged between the bulls and the bears. As we explicitly took a stand of, there seems to be no particular side exerting or enjoying any dominance, yet.
In such directionless markets, typically the market moves happen in a way to inflict the maximum pain on the weak hands (typically retail investors). The American Association of Individual Investors' sentiment survey results of last Wednesday showed that individual investors were extremely bearish, and presumably approached the weekend with large short positioning. That could be one of the drivers of the large and sustained up move from the panicky selling last week.
The markets for today may continue to shake out the weak hands (margin calls, stop outs etc by the brokers). The real strength of any side, if any exists, will manifest itself only after that. It would be prudent to not take longer term positioning today. This market action can be a bonanza for market makers and aggressive, high frequency traders who can trade in either direction.
Read below for our models' trading plans for the day. Good luck with your trading or trading education!
tradersai.com
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) The results of these indicated trades would vary widely depending on the timeframe you use (1 minute, or 5 minute, or 15 minute or 60 minute etc), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#ES #ESMINI #SP500 #SPX #SPY #Fed #China #Yuan #Yields #Rates #Tariffs #Tradewar #recession
TRADERSAI - A.I. Powered Model Trades for FRI 08/16 - 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 (with entry point at 2835) is carried to Monday's session, witg a 9-point trailing stop anchored at 2884.63.
Aggressive, Intraday Models: Lead to +16.20 index points in gains on one long.
THE DETAILS:
For the trade-by-trade details with time stamps, please check out the article below:
tradersai.com
#ES #SPX #SP500 #SPY #IndexTrading #Results #Outcomes #TradingPlans #Education #China #Tariffs #Tradewar #Yields #Yuan
TRADERSAI - A.I. Powered Model Trades for Today, FRI 08/16Yield Curve and Options Expiration - to Exasperate Frustrated Investors/Traders
Traditional investors and traders in this market would be frustrated with continued influence of exogenous factors seemingly driving the financial markets wild. Yes, the Finance 101 course you took or even the Efficient Markets Hypothesis your professor (and, most everyone in the Investment Advisory business) seemed/seem to extol and hold as sacred don't seem to really make sense in this market anymore.
If you find yourself in the above predicament, at least know that you are not alone. The textbook theories assume that the market participants are rational (and, their actions would not be driven by emotions such as fear and greed), and implicitly assume that there is a sound and principled industry, regulation, and governance balancing and canceling out any irrational forces. Which is what, exactly, we lack these days!
The markets for today may continue the yo-yo of the last few days, mainly driven by yield curve headlines, trade war jitters, and market micro structure. As we stated earlier this week, tread (and, trade) carefully, leaving enough room for sudden/sustained spikes in either direction with apparently no news to support or explain such moves. Read below for our models' trading plans for the day.
tradersai.com
#ES #ESMINI #SP500 #SPX #SPY #Fed #China #Yuan #Yields #Rates #Tariffs #Tradewar #recession
TRADERSAI - A.I. Powerd Model Trades for THU 08/15 - 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 -7.00 index points in losses on one short and carried one long with entry point at 2835 and 9-point trailing stop trigger at 2846.
Aggressive, Intraday Models: Lead to +72.59 index points in gains on ten longs and ten shorts. This excessive trading activity is reminiscent of last Wednesday's (08/07/19) when there were a total of 23 trades by the models. The following session saw a clear and large move up, and this pattern is likely to repeat in the next session barring any unexpected headlines overnight.
THE DETAILS:
For the trade-by-trade details with time stamps, please check out the article below:
tradersai.com
#ES #SPX #SP500 #SPY #IndexTrading #Results #Outcomes #TradingPlans #Education #China #Tariffs #Tradewar #Yields #Yuan
Bulls and Bears zone for 08-15-2019After yesterdays RTH sell off market rallied during overnight session barely above 50% level then sold off again.
Market will very likely test overnight High before deciding on direction.
Level to watch 2876---2878
Report to watch:
US:Business Inventories
10:00 AM ET
TRADERSAI - A.I. Powered Model Trades for Today, THU 08/15The Doublespeak from China and our Politicians Driving the Markets Yo-Yo
The naive and clueless policy-by-tweet politicians (not "leaders" - we seem to have no leadership anywhere anymore at this moment) driving our economic governance (or, lack thereof), and the cunning opponent's deeply strategic moves defining the trade war, investors are being left dazed and confused with the whiplashes the markets are experiencing of late.
As we stated earlier this week, "tread (and, trade) carefully, leaving enough room for sudden spikes in either direction". Today is likely going to be yet another day of empty-headed tweets and headlines about the trade war feeding knee jerk moves in the markets.
Of course, our job here is not to idly pontificate about politicians and leadership but to try to identify potential investment and trading opportunities emerging from their speech and actions. Read below for our models' trading plans for the day.
tradersai.com
#ES #ESMINI #SP500 #SPX #SPY #Fed #China #Yuan #Yields #Rates #Tariffs #Tradewar #recession
TRADERSAI - A.I. Powered Model Trades for WED 08/14 - 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:
On this highly volatile day with bloodshed on the markets, our models have performed consistently and returned positive returns on the trading plans.
Medium-Frequency Models: Lead to +20.50 index points in gains on two longs and three shorts.
Aggressive, Intraday Models: Lead to +20.80 index points in gains on four longs and six shorts.
THE DETAILS:
For the trade-by-trade details with time stamps, please check out the article below:
tradersai.com
#ES #SPX #SP500 #SPY #IndexTrading #Results #Outcomes #TradingPlans #Education #China #Tariffs #Tradewar #Yields #Yuan #Recession