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Last Hurrah of the Bull, or the Next Leg Up? Day 3S&P 500 INDEX MODEL TRADING PLANS for WED. 06/07 The precarious rally of the last month has been baffling many, with the lack of the breadth in the rally was concentrated in just a handful of big-tech names. With the major news cycles in the rear view mirror, that red hot bull could be losing steam. If the rally does not dissipate this week, then it could be indicative of yet another leg up that could obliterate the shorts. As we first stated to start this week, if you are a bull, it may be prudent to take some profits off the table; if you are a bear, you may begin looking for entries. Positional Trading Models: Our positional models indicate opening a short on a break below 4275 with a hard stop at 4307. By definition, positional trading models may carry the positions overnight and over multiple days, and hence assume trading an instrument that trades beyond the regular session, with the trailing stops - if any - being active in the overnight session. Aggressive/Intraday Models: Our aggressive, intraday models indicate the trading plans below for today. Aggressive, Intraday Trading Plans for WED. 06/07: For today, our aggressive intraday models indicate going long on a break above 4291, 4280, or 4268 with a 9-point trailing stop, and going short on a break below 4288, 4277, 4265, or 4250 with a 9-point trailing stop.  Models indicate explicit short exits on a break above 4255. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 11:16am ET 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, #fomc, #fed, #fedspeak, #regionalbanks, #debtceiling, #china, #softlanding
SP:SPX
by TradersAIDotCom
Last Hurrah of the Bull, or the Next Leg Up? Day 2S&P 500 INDEX MODEL TRADING PLANS for TUE. 06/06 The precarious rally of the last month has been baffling many, with the lack of the breadth of the rally while it still managed to keep going up on the run up in just a handful of big-tech names. With the major news cycles in the rear view mirror, the move up could be losing steam but if not then it could be indicative of yet another leg up that could obliterate the shorts. If you are a bull, it may be prudent to take some profits off the table; if you a bear, caution is warranted before establishing any new shorts. Positional Trading Models: Our positional models indicate staying flat for today. No specific positional trading plans are indicated. By definition, positional trading models may carry the positions overnight and over multiple days, and hence assume trading an instrument that trades beyond the regular session, with the trailing stops - if any - being active in the overnight session. Aggressive/Intraday Models: Our aggressive, intraday models indicate the trading plans below for today. Aggressive, Intraday Trading Plans for TUE. 06/06: For today, our aggressive intraday models indicate the same trading plans as yesterday: going long on a break above 4291 or 4268 with a 9-point trailing stop, and going short on a break below 4300, 4288, 4278, or 4264 with a 9-point trailing stop.  Models indicate explicit short exits on a break above 4303 or 4281. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 11:01am ET 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, #fomc, #fed, #fedspeak, #regionalbanks, #debtceiling, #china, #softlanding
CBOE:SPX
by TradersAIDotCom
SPX: is 4.300 a point of reversal?There are two major events which marked the developments on the US markets during the previous week. The first one (and probably most important) is that the debt-ceiling agreement was accomplished and approved by the US Congress. It was also signed by the US President on Saturday. The second development was related to much better-than-expected job figures for the US, where 339K new jobs were added in May, compared to 190K expected by the market. These two important information shaped the sentiment of investors, where S&P 500 reached levels from August last year, with its highest weekly level at 4.289, reached on Friday. Charts are pointing that the S&P500 is currently chasing a peak from August last year, when the index reached level of 4.320. The US economy seems resilient to monetary moves, which is expressed in high earnings. This might further support the index, still RSI is pointing that potential reversal point might be soon reached. There is still space for a move to the upside, however, it should not be expected that August 2022 might be breached. Instead, the index might revert just a bit to the downside, potentially toward 4.250 or lower.
CBOE:SPX
by XBTFX
Last Hurrah of the Bull, or the Next Leg Up?S&P 500 INDEX MODEL TRADING PLANS for MON. 06/05 The precarious rally of the last month has been baffling many, with the lack of the breadth of the rally while it still managed to keep going up on the run up in just a handful of big-tech names. With the major news cycles in the rear view mirror, the move up could be losing steam but if not then it could be indicative of yet another leg up that could obliterate the shorts. If you are a bull, it may be prudent to take some profits off the table; if you a bear, caution is warranted before establishing any new shorts. Positional Trading Models: Our positional models indicate staying flat for today. No specific positional trading plans are indicated. By definition, positional trading models may carry the positions overnight and over multiple days, and hence assume trading an instrument that trades beyond the regular session, with the trailing stops - if any - being active in the overnight session. Aggressive/Intraday Models: Our aggressive, intraday models indicate the trading plans below for today. Aggressive, Intraday Trading Plans for MON. 06/05: For today, our aggressive intraday models indicate going long on a break above 4291 or 4268 with a 9-point trailing stop, and going short on a break below 4300, 4288, 4278, or 4264 with a 9-point trailing stop.  Models indicate explicit short exits on a break above 4303 or 4281. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 10:16am ET or later.
CBOE:SPX
by TradersAIDotCom
Latest Market Top Possibly In, Expect Some Red This WeekNext leg will be down, whether it continues down tomorrow or briefly moves up is to be seen. IF Intermediate wave 3 ended, it lasted less than the computer modeled 25 days as I forecasted. This would further mean Intermediate wave 5 must be less than or equal to the length of Intermediate wave 3 which was 20 days per the close on Friday. The models indicate Intermediate wave 4 could be quick and not too deep. Based on waves ending in 2BC4, wave 4 could last 2-12 days with strongest agreement on 2 days. The drop could be as shallow as a 13.73% or 15.06% retracements which are the light blue levels on the chart. That distance and duration seems too shallow initially. The next set of models are based on waves ending in BC4. The strongest agreement for duration remains at 2 days, with second strongest at 12 days followed by 4 and 10 days. The quartile retracement levels are 23.9%, 46.49% and 55.05%--the yellow levels on the chart. Based on waves ending in C4, the strongest agreement on duration as it 2 trading days again, second at 12 days, third at 4 days. Retracement quartiles are the white lines in the chart and correspond to 27.2%, 42.48%, and 55.05%. An additional consideration for the bottom is an intersection of the lines from the models and the support trendline from March 13. This line was broken for a single day at the probable end of Minute wave 4 inside of Minor wave 3 in Intermediate wave 3. A 2 day drop seems too quick while more than 10 could be too long. IF Intermediate wave 3 ending from Friday holds. The bottom of Intermediate wave 4 could be completed sometime this week or at the beginning of next week. I am currently placing the bottom to occur this Friday possibly around 4187-4210. This would be a shallow and slow drop considering the volatility of the past year. There is strong support around 4172-4177 if a quick drop occurs within 2 days but that target fades by day 3 (Wednesday). Intermediate wave 4 is setting up to be short lived and could be followed by a short Intermediate wave 5 as well. Early projections place the final market top over the next 4-6 years later this month around 4400, although we could fall just shy of 4400. Still think the Fed, PPI, and CPI can catapult the market up after our quick jaunt down with Intermediate wave 4. A logical black swan for the top is still a Taiwan invasion that rocks all industries relying on microchips or parts from Taiwan. This would likely delay the AI future and all companies heavily invested in it. Next analysis to follow when Intermediate wave 4 appears to have wrapped.
SP:SPXShort
by StockSignaler
1
My personal analysis is logical to SPXThe price is upward, which indicates that the trend is upward, so we will search for buying, and I have placed the buying or selling points, in the event that the price breaks the level that was talked about, in order to know more about what the price might do, and I analyzed it in a technical and rational way . In the case of buying, we will wait for our order block to ease and fill the gaps, as well as the acquisition of liquidity, but in the case of selling, we will wait for the bottom to be broken, to confirm that the new trend has been formed and that we will become in a downward trend, and what confirms this to us is that the blood has come with the bottom that was created by If the price is broken, we will look to sell, and there is another support below it, and that support seems to be strong, so we will take the first target there, and we will wait for the price and we will wait for the price’s reaction to it. If we notice that it wants to change the direction, we will close all our deals. The long term, because if that level is broken, we will have a strong downside trend, because we will break strong support, which simply turns into resistance.
SP:SPX
by ESCANOR-ICT
Pivoting to Jobs, Inflation, and Interest Rates?S&P 500 INDEX MODEL TRADING PLANS for FRI. 06/02 We started last trading week with our trading plans on Monday titled: "Debt Ceiling Deadline Likely to Whipsaw the Markets", and these words: "Expect the approaching debt ceiling deadline to attract both bulls and bears to heightened speculation, resulting in some whipsaw movements until the deadline passes and the dust settles". With the Senate passing the debt ceiling bill, the curtains are now drawn on that drama. With the much hotter than expected NFP numbers, the markets could soon be pivoting to a focus on the macroeconomic factors again. Currently, our directional models indicate no bias and are in an indeterminate state. Positional Trading Models: Following the trading plans published yesterday, our positional models went short at 4225.83 with a hard stop at 4242. If the stop is hit, the models indicate staying flat for the rest of the session. By definition, positional trading models may carry the positions overnight and over multiple days, and hence assume trading an instrument that trades beyond the regular session, with the trailing stops - if any - being active in the overnight session. Aggressive/Intraday Models: Our aggressive, intraday models indicate the trading plans below for today. Aggressive, Intraday Trading Plans for FRI. 06/02: For today, our aggressive intraday models indicate going long on a break above 4250, 4231, 4206, or 4197 with a 9-point trailing stop, and going short on a break below 4247, 4227, 4194, or 4184 with a 9-point trailing stop.  Models indicate explicit short exits on a break above 4189. 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 ET 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, #fomc, #fed, #fedspeak, #regionalbanks, #debtceiling, #china, #nfp, #jobs
CBOE:SPX
by TradersAIDotCom
Debt Ceiling Deal Euphoria - RekindledS&P 500 INDEX MODEL TRADING PLANS for THU. 06/01 We started this trading week yesterday with these words: "Now that the Debt Ceiling drama is apparently over ("apparently" is the keyword there), can the markets continue to be intoxicated on the nVidia-A.I. exuberance and continue the bullish leg or get back to the macro-economic fundamentals of inflation, valuation, china-slowdown (bad news good news here, with hopes of China stimulus?) etc.? A couple of sessions into this shortened week shall reveal. Till then, caution might be warranted on the part of the bulls". We started last trading week with our trading plans on Monday titled: "Debt Ceiling Deadline Likely to Whipsaw the Markets", and these words: "Expect the approaching debt ceiling deadline to attract both bulls and bears to heightened speculation, resulting in some whipsaw movements until the deadline passes and the dust settles". The dust might be settling this week or early next week. The direction in which it settles would determine the next directional bias in the markets. Currently, our directional models indicate no bias and are in an indeterminate state. Positional Trading Models: Following the trading plans published earlier in the week, our positional models went short on the close yesterday, at 4179.84, with a 52-point trailing stop. With the session's low recorded at 4171.64, the current trigger of the stop is at 4231.84. If this is hit, the models indicate going short again on a break below 4228 with a hard stop at 4242. By definition, positional trading models may carry the positions overnight and over multiple days, and hence assume trading an instrument that trades beyond the regular session, with the trailing stops - if any - being active in the overnight session. Aggressive/Intraday Models: Our aggressive, intraday models indicate the trading plans below for today. Aggressive, Intraday Trading Plans for THU. 06/01: For today, our aggressive intraday models indicate going long on a break above 4222, 4198, 4187, or 4156 with a 9-point trailing stop, and going short on a break below 4125, 4194, 4184, or 4150 with a 9-point trailing stop.  Models indicate explicit exits for the day. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 01:46pm ET 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, #fomc, #fed, #fedspeak, #regionalbanks, #debtceiling, #china
CBOE:SPX
by TradersAIDotCom
Debt Ceiling Deal ("Almost Done") Euphoria Dying Down?S&P 500 INDEX MODEL TRADING PLANS for WED. 05/31 We started this trading week yesterday with these words: "Now that the Debt Ceiling drama is apparently over ("apparently" is the keyword there), can the markets continue to be intoxicated on the nVidia-A.I. exuberance and continue the bullish leg or get back to the macro-economic fundamentals of inflation, valuation, china-slowdown (bad news good news here, with hopes of China stimulus?) etc.? A couple of sessions into this shortened week shall reveal. Till then, caution might be warranted on the part of the bulls". We started last trading week with our trading plans on Monday titled: "Debt Ceiling Deadline Likely to Whipsaw the Markets", and these words: "Expect the approaching debt ceiling deadline to attract both bulls and bears to heightened speculation, resulting in some whipsaw movements until the deadline passes and the dust settles". The dust might be settling this week or early next week. Which direction in which it settles would determine the next directional bias in the markets. Currently, our directional models indicate no bias and are in an indeterminate state. Positional Trading Models: For today, our positional models indicate going short on the close if below 4180, with a 52-point trailing stop. By definition, positional trading models may carry the positions overnight and over multiple days, and hence assume trading an instrument that trades beyond the regular session, with the trailing stops - if any - being active in the overnight session. Aggressive/Intraday Models: Our aggressive, intraday models indicate the trading plans below for today. Aggressive, Intraday Trading Plans for WED. 05/31: For today, our aggressive intraday models indicate going long on a break above 4216, 4206, 4189, or 4156 with a 9-point trailing stop, and going short on a break below 4200, 4184, or 4150 with a 9-point trailing stop.  Models indicate explicit long exits on a break below 4212. 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 ET 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, #fomc, #fed, #fedspeak, #regionalbanks, #debtceiling, #china
CBOE:SPX
by TradersAIDotCom
Temporary Debt Ceiling RetracementLooks like Minor wave 3 ended a tad shy of 4136 and a few days late, but still on track overall. Minor wave 4 should only last 2-3 days with the bottom likely occurring by Thursday at the latest. It is possible Minute wave A inside of Minor wave 4 was completed today. Models are pointing to the bottom around 4176 based on historical Minor wave data. Minute wave C could end with a 138.2% retracement of Minute wave A which would place the bottom around 4177. Once Minor wave 4 is finished, Minor wave 5 should complete Intermediate wave 3 up with a larger top at one of the highest prices experienced in over 12 months. Based on all of the Intermediate wave 3 interior waves, Intermediate wave 3 will likely come up short from initial forecasts above 4300. The top will likely occur sometime next week around 4268. I will likely look into Intermediate wave 4’s bottom around the middle of next week. This drop for Minor wave 4 will likely continue until the House and/or Senate votes on the debt ceiling bill. Everything should see a nice jump when the bill is passed, however, something else is lurking around the corner with Intermediate wave 4 down. CPI is June 13, PPI is June 14 along with the next Fed rate decision in the afternoon. Looks like market could drop into the Fed meeting but begin Intermediate wave 5 upward after the meeting. With the debt ceiling likely out of the way by mid-June and Fed news possibly positive, the cause of the major market top near the end of June beginning of July could be earnings related or geopolitical. China action against Taiwan is still my leading catalyst especially after the GPU chip boom. This could turn into a major bust quickly if China takes Taiwan in a short or prolonged conflict. Too much of the world operates on chips moving through Taiwan.
SP:SPX
by StockSignaler
Debt Ceiling Deal Reached (anybody shocked?) - Now What?S&P 500 INDEX MODEL TRADING PLANS for TUE. 05/30 Now that the Debt Ceiling drama is apparently over, can the markets continue to be intoxicated on the nVidia-A.I. exuberance and continue the bullish leg or get back to the macro-economic fundamentals of inflation, valuation, china-slowdown (bad news good news here, with hopes of China stimulus?) etc.? A couple of sessions into this shortened week shall reveal. Till then, caution might be warranted on the part of the bulls. We started last trading week with our trading plans on Monday titled: "Debt Ceiling Deadline Likely to Whipsaw the Markets", and these words: "Expect the approaching debt ceiling deadline to attract both bulls and bears to heightened speculation, resulting in some whipsaw movements until the deadline passes and the dust settles". The dust might be settling this week. Positional Trading Models: For today, our positional models indicate going short on the close if below 4180, with a 52-point trailing stop. By definition, positional trading models may carry the positions overnight and over multiple days, and hence assume trading an instrument that trades beyond the regular session, with the trailing stops - if any - being active in the overnight session. Aggressive/Intraday Models: Our aggressive, intraday models indicate the trading plans below for today. Aggressive, Intraday Trading Plans for TUE. 05/30: For today, our aggressive intraday models indicate going long on a break above 4256, 4226, 4203, 4187, or 4156 with a 9-point trailing stop, and going short on a break below 4250, 4218, 4199, 4183, or 4150 with a 9-point trailing stop.  Models indicate no explicit exits. 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 ET 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, #fomc, #fed, #fedspeak, #regionalbanks, #debtceiling, #china
SP:SPX
by TradersAIDotCom