Post FOMC

We would like to stress the importance of what we discussed yesterday. Remember that the focus now shifts to how price will settle into the end of the week. Our base-case scenario remains for a weaker USD and for equities to soften into the end of the month.
As already pointed out, we would be keeping a very close eye on the weekly charts, not only to see if we do indeed get negative closes but especially to highlight the key dynamics that are playing out at pivotal levels. We will review and discuss this again in today’s webinar as it is crucial to understand what is playing out here.
Remember to keep an eye on Crude around the 60 mark and on action in XLU, IYT and XLF. We can’t stress enough how important it is to understand these charts and keep them on your radar.
ICYMI and you would like a little bit more flavor on our thinking, you can always check our: Latest Outlook Video.
If you are interested in a more structured way of tackling the business of trading, attending a live daily morning call or a more detailed discussion on the charts we post / trade ideas, don’t hesitate to check out our Premium content.
Wishing you a great day ahead.

Into FOMC

“Change happens in an instant. It happens the moment you DECIDE to change.” – Allyson Lewis

Today will be a key day for our Charts of the Week.
remember that the day really starts post fomc and what matters is how we settle after 24/48h. so yes, that means it’s about the weekly close. However, having said that, the market reaction will be key, especially in the light of the dynamics we saw in play yesterday.
Here are some additional charts that we feel should be on your radar:
ICYMI, here is our latest Outlook Video:
If you are interested in a more structured way of tackling the business of trading, attending a live daily morning call or a more detailed discussion on the charts we post / trade ideas, don’t hesitate to check out our Premium content.
Wishing you a great day ahead.

Outlook Video

If you are interested in a more structured way of tackling the business of trading, attending a live daily morning call or a more detailed discussion on the charts we post / trade ideas, don’t hesitate to check out our Premium content.
Wishing you a great day ahead.

Mid-Week Update

“We had a field day before anyone knew anything about shorting. It was almost a license to steal. Nowadays, it’s a license to get hosed.” – Julian Robertson

No change to the latest video, our outlook remains the same as we wait to get through Quad-Witching on Friday. If you missed it, we would take the time to go through it as we review the major asset classes, recent moves and what to expect this week.
If you have never had the pleasure, we would recommend taking the time to listen to RObert Frey and his talk “180 Years of Market Drawdowns”.
If you are interested in a more structured way of tackling the business of trading, attending a live daily morning call or a more detailed discussion on the charts we post / trade ideas, don’t hesitate to check out our Premium content.
Wishing you a great day ahead.

Outlook Video

If you are interested in a more structured way of tackling the business of trading, attending a live daily morning call or a more detailed discussion on the charts we post / trade ideas, don’t hesitate to check out our Premium content.
Wishing you a great day ahead.

Outlook Video

If you are interested in a more structured way of tackling the business of trading, attending a live daily morning call or a more detailed discussion on the charts we post / trade ideas, don’t hesitate to check out our Premium content.
Wishing you a great day ahead.

Outlook Video

ICYMI please read up on the upcoming addition to the 50 on Markets Video Service.
If you are interested in a more structured way of tackling the business of trading, attending a live daily morning call or a more detailed discussion on the charts we post / trade ideas, don’t hesitate to check out our Premium content.
Wishing you a great day ahead.

Patience

“The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the man of inferior emotional balance, nor for the get-rich-quick adventurer. They will die poor.” – Jesse Livermore

we have to be patient post FOMC as markets usually take 24/48 hour to settle and pick a direction. We have attached the update FANG and DXY charts along with our latest Outlook Video as nothing much has really changed.
Here is our update charts/thread pre the minutes > read on Twitter.
ICYMI, read up on the upcoming addition to the 50 on Markets Video Service.
Note for active 50Scouts members: *make sure you read out latest update* and keep an eye on your inbox for a free pass to Friday’s daily webinar session (make sure to check your spam folder too).
If you are interested in a more structured way of tackling the business of trading, attending a live daily morning call or a more detailed discussion on the charts we post / trade ideas, don’t hesitate to check out our Premium content.
Wishing you a great day ahead.

Outlook Video

Note for active 50Scouts members: *make sure you read out latest update* and keep an eye on your inbox for a free pass to Friday’s daily webinar session (make sure to check your spam folder too).
If you are interested in a more structured way of tackling the business of trading, attending a live daily morning call or a more detailed discussion on the charts we post / trade ideas, don’t hesitate to check out our Premium content.
Wishing you a great day ahead.