Welcome to Day 25 of Trading Only S&P Futures!
Today started strong with an overnight short and continued by taking longs at major support levels. With the FOMC blackout period in effect, I leaned bullish but stayed selective, waiting for the 5-min MOB to hit before entering. That trade paid off and I wrapped the day at +264.83.
Still, there’s a cautionary note: gold just hit a record high above $3,633/oz, and that could be signaling underlying stress in the markets. Something to keep an eye on as we move forward.
🔑 Key Levels for Tomorrow
Above 6480 = Remain Bullish
Below 6465 = Flip Bearish
📰 News Highlights
SPOT GOLD EXTENDS GAINS, LAST UP 1.3% TO HIT A RECORD HIGH OF $3,633.65/OZ
Today started strong with an overnight short and continued by taking longs at major support levels. With the FOMC blackout period in effect, I leaned bullish but stayed selective, waiting for the 5-min MOB to hit before entering. That trade paid off and I wrapped the day at +264.83.
Still, there’s a cautionary note: gold just hit a record high above $3,633/oz, and that could be signaling underlying stress in the markets. Something to keep an eye on as we move forward.
🔑 Key Levels for Tomorrow
Above 6480 = Remain Bullish
Below 6465 = Flip Bearish
📰 News Highlights
SPOT GOLD EXTENDS GAINS, LAST UP 1.3% TO HIT A RECORD HIGH OF $3,633.65/OZ
📈 Want deeper market insights?
📰 Free Weekly Recap, Outlook & Watchlist → diywallst.substack.com/about
⚡ VX Algo Futures Signals + Mentorship → whop.com/c/diywallst/trading
Promo Code Diywallst
📰 Free Weekly Recap, Outlook & Watchlist → diywallst.substack.com/about
⚡ VX Algo Futures Signals + Mentorship → whop.com/c/diywallst/trading
Promo Code Diywallst
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📈 Want deeper market insights?
📰 Free Weekly Recap, Outlook & Watchlist → diywallst.substack.com/about
⚡ VX Algo Futures Signals + Mentorship → whop.com/c/diywallst/trading
Promo Code Diywallst
📰 Free Weekly Recap, Outlook & Watchlist → diywallst.substack.com/about
⚡ VX Algo Futures Signals + Mentorship → whop.com/c/diywallst/trading
Promo Code Diywallst
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.