S&P 500 made a bearish Sunday gap, got weaker premarket, and then turned around to rise steeply through the first few hours of Monday‘s session – clients were ready thyrough the weekend premium article, and via the intraday and equities premium Telegram channels, incl. intraday consolidation and end session profit taking episode…. Bringing in +38 ES pts gain intraday as you can see below (how should swing traders approach this week and risk-off start to it?)
Moody‘s downgrade had been clearly shaken off, but be ready for a trappy week with minimum economic data drivers and drying up liquidity as we head into the weekend… and this expectation given the various ratios and sectoral performance on my watch way beyond what I presented in today‘s video covering as well gold, silver and Bitcoin, is what will power Trading Signals and Stock Signals clients ahead.
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Let‘s move right into the charts (all courtesy of www.stockcharts.com) – today‘s full scale article contains 4 more of them, with commentaries.
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