Results of Tuesday’s Best S&P Futures Turning Points: Buying 4499.00 filled in the Globex session last night and stopped out after bouncing 4.75-points.
Today’s Best S&P Futures Turning Points (consider wider stops and less size in fast moving markets, which saved yesterday’s buy):
Buy 4475.25 stop 4471.00. Short 4543.75 stop 4548.50.
The World Index: (+100/-100) remains at -29 with most major world markets leaning Bearish on low volatility.
Catalysts: International Trade @ 8:30. Final Services PMI @ 9:45. ISM Services PMI @ 10:00.
Quick Tip: No Scarcity
You probably noticed that the Turning Points shared here frequently don’t trigger. Sometimes a few days can go by without a trade.
You may be thinking, “This is not enough action for me.”
On the contrary, this strategy provides far more setups than are freely shared. Add in our reversal and momentum strategies and team members have dozens of opportunities every trading day.
Now you may be thinking “That is too much action for me.”
It’s all about mindset. If you approach abundance with greed and obligation to trade as much as possible you’ll likely suffer. You’ll over-trade and under-analyze. Your results will be marginal at best.
If you approach abundance with a selective mindset you’ll benefit. You’ll get pickier about your trades. You’ll lose FOMO. Your impulsivity will drop. All because you aren’t worried about a great trade coming your way. You know they’re coming.
Our team day-trades multiple strategies tuned for varying market conditions. Join our team, learn the strategies, and trade live with us daily for 30 days. Money back if you’re not blown away!