Indexes held up surprisingly well this week, and while the idea of a tradeable low into expiration can be helpful, it doesn’t have to happen. Let’s talk about that a bit more and the setups I’ll be holding into next week as we prepare for the witching expiration.
I like to breakdown the broader averages to both understand what’s happening inside the ES NQ YM but also build a relative performance watchlist. Here’s how to start…
These are the names we need to have our eyes on next week, and the FOMC Statement will be the main story for the week.
This is a pattern that I look for each month, and this is partly the reason for my continued bullish bias.
That’s a quote from Jesse Livermore, and that’s where we are right now as the market has perhaps found its Pitbull Low and prepares for J Powell next week.
