S&P 500 made a bearish Sunday gap, got weaker premarket, and then turned around to rise steeply through the first few hours of Monday‘s session – clients were ready thyrough the weekend premium article, and via the intraday and equities premium Telegram channels, incl. intraday consolidation and end session profit taking episode…. Bringing in +38 ES pts gain intraday as you can see below (how should swing traders approach this week and risk-off start to it?)
Moody‘s downgrade had been clearly shaken off, but be ready for a trappy week with minimum economic data drivers and drying up liquidity as we head into the weekend… and this expectation given the various ratios and sectoral performance on my watch way beyond what I presented in today‘s video covering as well gold, silver and Bitcoin, is what will power Trading Signals and Stock Signals clients ahead.
All essays, research and information represent analyses and opinions of Monica Kingsley that are based on available and latest data. Despite careful research and best efforts, it may prove wrong and be subject to change with or without notice. Monica Kingsley does not guarantee the accuracy or thoroughness of the data or information reported. Her content serves educational purposes and should not be relied upon as advice or construed as providing recommendations of any kind. Futures, stocks and options are financial instruments not suitable for every investor. Please be advised that you invest at your own risk. Monica Kingsley is not a Registered Securities Advisor. By reading her writings, you agree that she will not be held responsible or liable for any decisions you make. Investing, trading and speculating in financial markets may involve high risk of loss. Monica Kingsley may have a short or long position in any securities, including those mentioned in her writings, and may make additional purchases and/or sales of those securities without notice.
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