WillSebastian

Where could the S&P Go?

WillSebastian 업데이트됨   
CME_MINI:ES1!   S&P 500 E-미니 선물
Hey Traders,

In this video we look at near and long term targets for the S&P Futures market.

Remember, MA's are attractors of price and will return. Don't trade against the nature of the market.

Watch for more.
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Study long zones in accordance with your skill / risk appetite,

Much larger falls suit investors. Smaller falls are for the more advanced.

A very large lesson indeed!
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NOTE: There are two types of traders in this analysis.

1. Handles intraday / scalps and takes CLOSE long / short levels with lower size.

2. Risk averse traders (hence far lower long target amongst strong PA).

It’s for you to choose your appetite and scale entries / risk accordingly.
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So in the above case ^ any longs taken now must be LIGHT and killed off nearer 4000. any risk averse traders will wait and take normal size in proportion to overall current equity.
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Exit light longs 50%, leave 50% to run nearer 4040
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Tomorrow comes NFP.

Looking for a LARGER size move… IF it comes and there is a sentiment inflow. Best to be monitoring your portfolio upon release.

Do not, under any circumstance, buy or sell to ‘guess’ the news. That won’t work.

Instead trade the RE action.
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Looking closely on other assets and this one upon NFP.

Stay posted.
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S&P still tight from semi non event news.

Needing a larger reaction to reach risk averse zones.
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Minor scalp longs are in order.

Risk Averse zones come at previous lows but must be VERY light due to risk via sentiment + poor pa
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Keep an eye on news this weekend; it’s going to affect your trading.

Keeping track of harsh vs non harsh sentiment will allow you to make far better decisions and entries / exits.

Seems all about Silicon Valley at the moment and banks..
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Main Sentiment (market mood) update to follow:

Silicon valley banks, Inflationary measures / Rate changes.

SPIKING FEAR GAUGE.
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More SVB news and more fear.

Monday open shall be interesting.

Remember to bring plan risk well in advance.
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A reminder not to be a 'News Guesser'...

We do not know what will happen in the news but we do not take concern. Trade the RE action in line with our mentioned long zones / sizes.
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Exit any light longs taken.
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Any shorts for scalpers must be VERY small early exits.

Higher up at 3980 is semi risk averse.

Be wary of larger shoves via news.
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Exit scalps.
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all intraday shorts are closed, any longs for scalpers must be very light.

Plenty of news tomorrow so any harsh moves can be handled inline with the analysis video.
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Exit any light longs. HARSH moves from CPI delivering us to Short zones. Risk averse looking way high 4150. Otherwise, light scalps.
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So if you absolutely HAVE to short now then as mentioned do so lightly. We are at early PA zones you'll need to come higher to former STRONG PA levels for anything significant and/or safe.
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Looking for retail sales to improve volatility BUT nonetheless we are looking totrade reactions 4000-4050
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Exit shorts Now ONLY light longs.
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Exit the longs.

Lightly short 4000-4050
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Light short now. Mid level shorts 4050
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Exits shorts out for gains AGAIN
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Closing out market this Friday one can be aware of any harsh news event that is required to shift the S&P.

Any trading activity now therefore is LIGHT. May catch Monday rebound if you are taking scalp longs they must naturally be light.
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Credit suisse news not finished. Do not guess what happen on the weekend prior to Monday open.. because… ya don’t know!
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Light Scalp Longs Ideal at current Pa Zone (lots of Price Rejection, take advantage)
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OUT for gains. Look lightly short.
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Looking for renewed impetus today to exit short gains however may be SLOW until fed.
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Risk Averse Shorts must be light and circa 4160
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FED News Is not a GUESSING excercise. Trade the reaction.

Likely to see slower markets until news release so brace.
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FED comments @ 15 mins time looking 4160 For shorts (risk averse)
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Scalp longs becoming appropriate as we return to former support.

Stay posted for update
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S&P still largely sideways. Would expect a move relatively soon to disbad from the current channel OR atleast take us to either 3850 for light longs VS 4130-4160 Light shorts.

Bear in mind these moves sideways MUST end.
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Keep eyes on news RE deutsche bank. Not many RED tagged events so its necessary to read a little.
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Margins getting tighter and tighter... If you are NOT a scalper then hold off until you get a rash move up or down. Likely news will prevail eventually.
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Market still ranging so we can adjust our trading. Light shorts nearer 4100
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Start looking lightly short pre GDP
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Exit for minor gains.
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Scaling in short as we enter this next week. Employment data to come hopefully will give us a little volatility...
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Exit any shorts taken^
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Scalp long @ 4k area.

Looking shorts ONLY above at 4215
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Hold off shorts impulse move preferred to take us to RZ1 4215
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Scalpers market remains do not get FOMO.
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Still scalpers market looking only short at aformentioned.
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First light scalp longs set 4050
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Soon the sleep ends.. Larger impulse awaiting
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Hold off shorts on upside sentiment still looking 4260 area
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Hold steady for employment Data / FOMC
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Rising market taking us nearer entry zone. Hold off shorts 4260-4280 area
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much further fall required for longs
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News still heavily dictating markets. Keep an eye out as we will be brought to Key levels on enormous falls/rises.

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Posts Not financial advice.
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