S&P Daily Pre-Market Prep 2/9/17
Still in that range. Getting late in the week and while Thursday is historically a good day to shake off a range week and pop. Of late though, we've just ploughed through range weeks right till...
Still in that range. Getting late in the week and while Thursday is historically a good day to shake off a range week and pop. Of late though, we've just ploughed through range weeks right till...
Tough day yesterday but well within our expectations. The inside Monday leading to a range week. This does not have to last the whole week, we tend to build energy as we go along a tight range like...
Pretty indecisive day yesterday. We got a roll over off the highs but no volume. We then couldn't start working through the high volume area from last week.
We had a good push up on Friday, although most of it was overnight. We still haven't popped the high yet, so today is a simple day. Looking for signs of downside volume coming in on a failure or...
Struggling to keep up here - realized the other night that the wife stuffed my "decaf tea box" with regular tea.... I've had almost 2 weeks of insomnia... at least I know why now...
I'm still working...
On Monday we were looking for a test of the old range and we now have that - so we need to see some speculators jump on board long now. Upside has really good potential if people start reacting now.
As we discussed last week, if we can test the high of the old range and start to push up, I think that gives us a good chance of a high participation move up. If not and we drop back into the...
Onwards and upwards but not a lot of participation. I'd still like to see a pullback to 70 for a more decisive continuation up.
Holy headfake, Batman. Something actually happened!
We did break out yesterday but from a big picture perspective, we haven't had much of a move outside the range. In addition, volume yesterday was...
Still in that range. There's no need for the weekly profiles today because it's just going to tell us the same thing. I guess we need something solid from Trump before we can move one way or the...
At Topstep, our goal is to be where the world goes to safely engage in and profit from the financial markets.
We want to help others pursue their passion for trading without risking their own hard-earned capital.
Your path to becoming a full-time trader is in your hands! Perfect your strategies, learn discipline, earn capital - all with TopstepTrader.
Start Trading Today!We do not offer commodity trading advice or recommendations. © 2024 – Topstep, LLC All rights reserved.
All content published and distributed by Topstep LLC and its affiliates (collectively, the “Company”) is to be treated as general information only. None of the information provided by the Company or contained herein is intended as (a) investment advice, (b) an offer or solicitation of an offer to buy or sell, or (c) a recommendation, endorsement, or sponsorship of any security, company, or fund. Testimonials appearing on the Company’s websites may not be representative of other clients or customers and is not a guarantee of future performance or success. Use of the information contained on the Company’s websites is at your own risk and the Company and its partners, representatives, agents, employees, and contractors assume no responsibility or liability for any use or misuse of such information.
Futures and forex trading contain substantial risk and is not for every investor. An investor could potentially lose all or more than the investor’s initial investment. Only risk capital—money that can be lost without jeopardizing one’s financial security or lifestyle—should be used for trading and only those individuals with sufficient risk capital should consider trading. Nothing contained herein is a solicitation or an offer to buy or sell futures, options, or forex. Past performance is not necessarily indicative of future results.
CFTC Rule 4.41 – Hypothetical or Simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, because the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.