MC Trading

The daily chart of the S&P 500 mini futures contract above shows our proprietary SUPPLY and DEMAND Dashboard and BXB (Bar by Bar) Signals using data from the NYSE.

The ES closed higher by 0.50-points Yesterday, in a battle between Supply and Demand, Supply winning at the end of the day. The recent up move went higher than we anticipated before finding resistance.

We expect a down day today as a lot of Supply emerged at the end of the trading session, Daily signals turned Bearish, Volume rose and the spread narrowed, indicating the presence of Supply.

Daily Signals November the 29^th:   

S & D Dashboard Algorithm is mixed, and Daily Signals are Bearish

Supply dominated at the end of the session, but price closed higher?

Caution:

The upward thrust is shortening. Follow through or not to the upside, accompanied with Demand or Supply should be a telling factor.

Link to Facebook Group where these assessments are also posted regularly.

Click here for example of reversal trade taken in Feeder Cattle that can be found on this page.

 

GLOBAL ECONOMIC PERCEPTIONS ARE SHIFTING – PART I

Over the past 20+ months, a massive capital shift has taken place where investment capital fled weaker global economies and rushed into the US stock market because of a tremendous value opportunity that existed at that time.  Technology, Biotech and many others equity sectors were skyrocketing – in some cases 2~3% a month.  This ROI, along with the benefit of a stronger US Dollar, created a very unique environment where foreign capital could rush into the US markets, land pretty much anywhere and become relatively safe from foreign risks/devaluation.

Click on this link or chart above to read more....

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RISK DISCLOSURE:

The information delivered here is for educational purposes only and is not intended to be a recommendation to purchase or sell any of the stocks, futures or other securities referenced. All references are for illustrative purposes only and are not considered endorsed or recommended for purchase or sale by MC Trading.

Trading Forex, Stocks and Options, Futures and any Commodity, Crypto or ETF contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results and no representation is being made that any account will or is likely to achieve profits or losses similar to those shown. MCTrading has taken reasonable measures to ensure the accuracy of the information contained herein and on this website, however MCTrading does not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or from an inability to access such information or any delay in or failure of the transmission or receipt of any instruction or notification in connection therewith.