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 only 3.25-points on a lot of Demand Yesterday and price made a new high of 2918.75, 1-point above the previous high. Signals on the Dashboards are mixed. The daily signals are bearish, whilst the S & D readings are bullish. Another Smart Money Up bar appeared at the high. The overall picture is less bullish in our view, but we are still in Buying pressure territory and average Volatility is lower, but daily Volatility increased.

The above may lead to a pullback today.

Daily Signals September the 19^th:

S & D Dashboard readings are Bullish but Daily Signals are Bearish

Caution:

Although Buying pressure developed, it is weakening and if Volatility increases, a pullback is a possibility.

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.

ARE GOLD AND SILVER GOING TO FOLLOW A REBOUND IN ASIAN STOCKS?

Click on this link to learn 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 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.