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What to expect today from the markets … What volatility means for the overall market … Why the bond market is dictating how tech and consumer stocks behave … What to expect next week with key levels … How to trade the current market effectively with seasonal patterns.
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I'm using a pivot number today of 3782 on the ES (S&P 500 futures). Crude oil caught a bid this morning. The monthly open for crude is 106.01. We will see exactly what to do and how to do it as the month unfolds. Yesterday we booked a nice profit on ETSY. We entered a bear put spread on Wednesday and exited Thursday for a 20% gain overnight! Get today's Pre-Market Planner numbers here. And don't forget to join us for Ask The Pros live today at Noon Eastern! ~ TBUZ | |
This weekly S&P futures chart clearly gives a picture of headwinds ahead. To make a case for a turn-around, even if it's short lived, we need to trade in the gray box in July. Otherwise, the path of least resistance is … down. Find out how to navigate and trade these markets successfully today on Ask The Pros. We're live at 12:00 PM ET. | |
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