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FED vs RALLY.- FED wins, bearish: MAJOR RESISTANCE AHEAD


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#1 dTraderB

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Posted 28 April 2024 - 04:49 PM

Bad 4-letter F acronym for the BULLS this week: FOMC

Expect hawkish FED

#2 dTraderB

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Posted 28 April 2024 - 04:54 PM

Best week, best month since early 2013.
Am holding NET slightly BULLISH but expect a DOWN WEEK. Will swing with markets but smaller LONG positions

These poll participants are VERY BULLISH!:

#3 dTraderB

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Posted 28 April 2024 - 04:55 PM

Key Events This Week (Happy Fed Week!):

1. CB Consumer Confidence data - Tuesday

2. JOLTs Jobs data - Wednesday

3. Fed Interest Rate Decision - Wednesday

4. ISM Non-Manufacturing PMI data - Friday

5. April Jobs Report data - Friday

6. ~20% of S&P 500 companies report earnings

We have a massive week ahead of us.

https://x.com/Kobeis...5319968177?s=03

#4 dTraderB

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Posted 28 April 2024 - 04:56 PM

58-42 bulls

Helene Meisler (@hmeisler) posted at 3:24 PM on Sat, Apr 27, 2024:
The results are in and for the second week folks lean bullish. Thanks so much for participating even though I am off the desk. https://t.co/aqe7rQKSYh
(https://x.com/hmeisl...0485774546?s=03)

Best week, best month since early 2013.
Am holding NET slightly BULLISH but expect a DOWN WEEK. Will swing with markets but smaller LONG positions

These poll participants are VERY BULLISH!:



#5 dTraderB

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Posted 28 April 2024 - 04:57 PM

Closed 1 USDYEN SHORT 157.915

#6 dTraderB

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Posted 28 April 2024 - 05:03 PM

"175 S&P 500 companies are set to report their earnings next week, with several notable names including $AMZN, $AAPL, $EBAY, $SBUX, $PYPL, $AMS, $MCD, and many more. These companies represent a..."

#7 dTraderB

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Posted 28 April 2024 - 05:08 PM

I recommend: Subscribe to this freeco from TOM at link beliw

"Inflation Rising Right On Schedule - Free Weekly Technical Analysis Chart

https://www.mcoscill...ht_on_schedule/

#8 dTraderB

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Posted 28 April 2024 - 05:11 PM

Back above zero BUT I THINK THAT IS TEMPORARY & DOWN AGAIN:

https://www.mcoscill...t_breadth_data/

#9 dTraderB

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Posted 28 April 2024 - 05:15 PM

Sell 158.22

Closed 1 USDYEN SHORT 157.915



#10 dTraderB

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Posted 28 April 2024 - 06:58 PM

Closed ES LONG 5141
FLAT ES