Dating back to 1970, all major “market crashes” have started with this signal on the monthly chart. Will history repeat itself this year?
Historic Market Crashes Start With THIS Signal
Month: March 2023
Will a Banking Crisis CRASH The Stock Market? (Short SPX + Long GLD)
Talks of a potential banking crisis are sweeping the headlines. How does this impact our jobs as traders? Let’s discuss, and review two potential trade ideas.
Game Over for Bulls
It was a tough week for the bulls as bears regained control of the S&P 500 (SPX).
The SPX flushed through the daily 21 exponential moving average (EMA) and the 200 simple moving average (SMA). Even worse, there are sell signals on the daily chart.
In the video above, we’ll use the Big 3 indicator, the Big 3 Heat Map, and review market structure. Let’s keep it simple as the market lines up for a potential push lower.
Today’s newsletter is combined with Sunday’s. Make sure your subscribed to the Focused Trades Youtube Channel, turn on notifications for Taylor’s Sunday prep video.
Why Did the Market FLUSH Today?
The Big 3 showed downside signals on the market today. In this video we review the overall market and use the Big 3 Heatmap to review a recent trade on AMAT.
Options Playbook: $SPX Sell Signals + Our Next Trade
In today’s video, I review a Compounding Growth Mastery trade in SPX and a potential trade to take. I also discuss current market conditions and a roadmap to the downside.
Progress for the Bulls
We’re focusing on the S&P 500 (SPX) as that is what it’s all about right now. We’ll apply anything we cover on the SPX and apply it to the big names like AAPL, GOOGL, and AMZN.
The SPX flushed to the daily 200 simple moving average (SMA) and now the market is in a short squeeze heading into the weekend.
We’ll use the Big 3 indicator and Big 3 Heat Map to observe how the market went from bearish to neutral signals. This shows the path of least resistance is to the upside, or at least some progress for the bulls.
In the video above, we’ll use the DXY and HYG to correlate where the market might go next.
Stay Focused!
Short Squeeze Friday
The question for next week is how the market handles this dip.
On Friday, we saw a short squeeze in the S&P 500 (SPX) after breaking key levels this week. SPX broke the 21 exponential moving average (EMA), $4,000, and the 50 simple moving average (SMA).
In the video above, we’ll review the current market conditions and where we’d want to initiate any new trades. For now, the game plan is to remain patient.
Stay Focused!
