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S&P 500 gap closed, now what

S&P 500 game plan called for clients worked out great – opening bearish gap, local bottom formation, and then up to try closing the gap. In spite of second half session stumble, S&P 500 buyers succeeded, powered by yet another PLTR beat (it was about margins, which will carry over) – you sure remember my early Nov video talking the stock bullishly pre-earnings.

As regards tariffs, we got a one-month detente with both Mexico and Canada – but overnight China introduced tariffs of its own, which guaranteed swing trading clients gains on the short side (yes, the gap closing attempt was sold into) – this was the driver of overnight move down in ES. See the trade notes as called for yourself - sizable profits delivered via swing and intraday timely calls!

Today‘s rich and fast-paced video has it all – also a look at gold, oil, cryptos while the focus remains S&P 500 and how both swing and intraday clients benefited on the relentless work done for them (compare to Monday‘s video – I‘m also pretty sure you‘ve noticed Sunday‘s analysis saying „clients are treated to the best and most comprehensive, real-time coverage, and I‘m making the balance between the scope of what‘s covered premium vs. shared for free, even wider in recognition of their continuous support (by expanding the former and decreasing the latter). I may make a further announcement, I may not – you can imagine how fulfilling it feels to have a fine weeks serving clients, and these opting for judgmentally sufficient (really?) free content - keep in touch over Twitter and Youtube, and welcome to reviewing recent analytical highlights delivered, how that fits where markets went“).

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Author

Monica Kingsley

Monica Kingsley

Monicakingsley

Monica Kingsley is a trader and financial analyst serving countless investors and traders since Feb 2020.

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