This week, our members locked in profits on a major swing trade in the Dow Jones Industrial Average. We entered long back in early June at 42,500 and closed out our position on Tuesday at 46,500, capturing a clean 4,000 points per contract. This trade exemplifies the power of patience, technical discipline, and sticking to... Continue Reading →
Fed Rate Cut Fuels Rally Across US Indices
Yesterday, the Federal Reserve announced a 0.25% rate cut, its first move in months to ease monetary policy. The decision was widely anticipated, but markets welcomed the confirmation, with equities pushing higher into the close. The Fed noted that inflation has moderated but remains elevated, signaling it is prepared to adjust policy further if economic... Continue Reading →
Indices Grind Higher on Rate-Cut Hopes and Strong Technicals
This week, U.S. equities pushed to fresh record territory, with all three major indices closing at all-time highs on Tuesday. Markets are rallying on optimism that the Federal Reserve will deliver a meaningful rate cut at its September 17th meeting. However, JPMorgan has warned of a possible “sell the news” reaction if the cut fails... Continue Reading →
Early Weakness, Strong Recovery, and Swing Longs Still in Play
U.S. Market Weekly Recap: This week’s price action across U.S. indices tells a clear story: markets started with weakness on rising yields and cautious sentiment, but reversed sharply higher as falling bond yields, soft labor data, and strong tech earnings reignited the bullish trend. Despite the early dip, our swing long positions remain intact —... Continue Reading →
US Indices Extend Bullish Run as Nvidia Earnings Loom
Friday’s rally carried into this week, with Jerome Powell’s Jackson Hole speech still fueling bullish sentiment across equities. While the Fed Chair avoided promising rate cuts, his balanced tone reassured markets that policy easing could begin as early as September. The Dow Jones surged to a new all-time high at 45,631, while the S&P 500... Continue Reading →
Strong Overnight Bounce and Today’s Key Trading Levels
Markets saw a strong bounce in the overnight and European morning sessions, reversing much of yesterday’s weakness. NASDAQ (QQQ/NDX/NQ): The index has rebounded from support levels and is now approaching key resistance zones. Momentum looks constructive in the short term, though intraday volatility remains high. S&P 500 (SPY/SPX/ES): Price action has recovered well, with the... Continue Reading →