Happy Saturday, traders! Here’s your weekly watchlist video for the week ahead. Is the path of least resistance for the market to the downside? If so, here’s how to structure some low-risk/high-reward shorts on the $SPX that should serve you well should the markets continue to trade lower!
Join Chandler every Friday morning for live morning prep before the market opens.
This volatile market is at a critical point and we’re continuing to focus on the daily Ichimoku Cloud. For the first time this year, the S&P 500 has closed below this daily Cloud, marking a pivotal point for which direction the market will go next. Watch the video to review the market conditions and some key setups on our watchlist like GOOGL and MRNA.
Join Taylor Horton every Wednesday morning for live morning prep before the market opens.
Join Taylor Horton every Monday morning for live morning prep before the market opens.
Time to build our weekly watchlist! In this “short the rip” market, here’s a few potential plays I’ll be keeping an eye on heading into the coming week.
Join Chandler every Friday morning for live morning prep before the market opens.
Let’s recap the week after this market started to lose bullish structure. Take a look at the weekly chart on the S&P 500 (ES) because we do find support at the 21 exponential moving average (EMA) while the daily chart shows bearish structure. Until we see two to three closes back above the 21 EMA, approach your trading as a ‘short the rip’ market. In this video, we’ll discuss key spots we’re looking to short and which setups are maintaining their bullish structure amidst a volatile market.
Stay Focused!
Join Chandler every Friday morning for live morning prep before the market opens.
Stay Focused!
Happy Wednesday, traders! I hope you’re surviving and thriving amid this volatility. The market is currently in a vulnerable position as the S&P 500 held onto the bottom of the daily Ichimoku Cloud this week. Let’s review the major indices, upcoming economic events, and a few setups I’ll be watching to end the week strong.
Stay Focused!