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..'trade the PA not the price, no price is too high or too low, just stay inline with the PA, and take into considerations multi timeframe support...
Market will sell off till few days before Harris/Trump debate. (sept 10-17)
there are 3 time pivots in ES - london 2am - NY 9:30 -10 am - NY 2pm (1pm Chicago time) - everyone comes back from lunch to evaluate, so it...
todays PA is just a bounce off the trendie at 5440, so the algo's just went with it and than reality set in about the future...
there is nothing new in the PA whether it is bull or bearish, both patterns are repetitive historical in nature. I learned to trade PA just watch...
if you missed the 5580 pivot, EMA indications. 5440 is the next pivot to pay attention to and trade around. [ATTACH]
I'm a big Macro Econ guy with predictive analysis of global events. It helps but definitely gets me bearish till price action proves otherwise.
no clarity in the clown show till the first debate between Harris and Trump. Market hates higher yields financing RE, economy will grind to halt...
the current climate implies a spike in debt issuance. The increased debt issuance will lead to higher supply/ increased rates on the long end of...
TLT should test its lows ... ~82-83
there wont be visible clarity till the first Trump/Harris debate. The timing points look like Sept 10 or 17th. So till than its a clown show and...
OR 2024 - 4850[ATTACH]
the OR (opening range for 2024) should come under a test.
another 500 points or more left for the drop as this regression fails.
even though historical patterns of Equity Returns for various administrations illustrates continued appreciation. The market doesn't like what it...
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