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New levels on S+P following lower than expected US CPI numbersThe big rally higher on the S+P yesterday took out a number of levels and here is an update. Disclaimer The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current Disclaimer: opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
SP:SPXLong
by The_STA
2
An update on the short-term and longer-term levels for the S+PThe market is correcting higher within the confines of an overall bear trend. Disclaimer The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current Disclaimer: opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
SP:SPX
by The_STA
Follow the Smart Money to be on Right Side of Market!Hey Traders here is a quick video that explains how to use the Commitment of traders report before you make a trading decision. This is a government report that is released weekly every Friday. The report will show the institutional current futures market positions from the previous tuesday. The benefit in having this information weekly is that it will show you the current trend in the market that the Smart Money or Big Funds are holding. In my opinion these institutions are the ones that can have a large effect on the market trend. Knowing how to use this information can really benefit us in our trading. Enjoy! Trade Well, Clifford
CME_MINI:ES1!
by TradeTheIndex
6