Great News! To celebrate the end of 2020 and the hope for a better 2021, we have added the other three major U.S. indexes to our coverage. These Monthly Key Levels are NOT trading plans, but may be used by anyone as key inputs into their own trading plans. Swing traders and Trend traders can (more…)
Goldilocks Finale – Last Day! Markets are closing the bizarre year of 2020 at head-scratching (at least, for many) record levels despite the historic pandemic and 19+ million people on unemployment. Unprecedented levels of fed money sloshing around the economy seems to be pushing all the asset prices up. Will this trickle down to the (more…)
Goldilocks Finale – Day 3 With the hype of the stimulus money, and the fear of a worsening Covid-19 outbreak both confirmed last couple of weeks – and, with knee-jerk reactions to both in the last few days – markets are searching for the next impetus, with a bias to the upside. The upper end...
Goldilocks Finale – Day 2 With the hype of the stimulus money, and the fear of a worsening Covid-19 outbreak both confirmed last couple of weeks – and, with knee-jerk reactions to both in the last few days – markets are searching for the next impetus, with a bias to the upside. The upper end...
Goldilocks this Week? With the hype of the stimulus money, and the fear of a worsening Covid-19 outbreak both confirmed – and, with knee-jerk reactions to both in the last few days – markets are searching for a direction and are in a whip-saw mode. Our models’ key range’s upper end for this whole month,...
Merry Christmas and Happy Holidays, Everyone! Team TradersAI wishes you a Merry, Safe, Healthy, and Joyous Christmas and Happy Holidays! No, you do not “have to” trade even on the Christmas eve! Take this time to reflect on the big picture – including your trading style, philosophy, approach – and spend time with yourself, and (more…)
Directionless Choppiness With the hype of the stimulus money, and the fear of a worsening Covid-19 outbreak both confirmed – and, with knee-jerk reactions to both in the last few days – markets are searching for a direction and are in a whip-saw mode. Our models’ key level for this whole month, the 3640 level,...
Day 7 Uncertainty: What Next? With the hype of the stimulus money, and the fear of a worsening Covid-19 outbreak both confirmed – and, with knee-jerk reactions to both in the last few days – markets are searching for a direction and are in a whip-saw mode. Our models’ key level for this whole month,...
Day 6 Revelation: Hype It Was! Our trading plans on Friday morning stated: “The index tested our key level of 3705 yesterday with the daily close, but follow through on that today and on Monday would be the key to a sustained next leg up”. With the $900 Billion stimulus finally done, the gap down...
Hope or Hype – Day 5: No Stimulus, Yet We started this week’s trading plans on Monday morning with: “Our models indicate an upward bias while the index is above 3640”. The theme continues so far. However, expect choppiness while between 3640 and 3705 on a daily close basis. Above 3705, would be the next...
