Does the monthly timeframe still have enough momentum to break through 462 on the spy? 7/27/23 Premarket outlook and Technical Analysis for day trading the SPY. 

Join Our Club its free: JMJ Investment Club  Check out our new guide: The Ultimate Guide to Trading Range Days  Good morning traders, after a kind of lackluster FOMC announcement, the market keeps right on trucking. For a while now I have had the 462 area as a target for the market to go get. […]

Does the monthly timeframe still have enough momentum to break through 462 on the spy? 7/27/23 Premarket outlook and Technical Analysis for day trading the SPY.  Read More »

The Game Plan and projections for the FOMC.7/26/23 Premarket outlook and Technical Analysis for day trading the SPY. 

Join Our Club its free: JMJ Investment Club  Check out our new guide: The Ultimate Guide to Trading Range Days  Good morning traders, what an exciting day we have ahead of us. Yesterday we had earnings from Microsoft, Google, Visa and a host of others. We have to talk about those earnings and how they

The Game Plan and projections for the FOMC.7/26/23 Premarket outlook and Technical Analysis for day trading the SPY.  Read More »

Stay safe, keep your trades small ahead FOMC and earnings.7/25/23 Premarket outlook and Technical Analysis for day trading the SPY. 

Check out our new guide: The Ultimate Guide to Trading Range Days  Good morning traders, as you know there is a lot going on this week with FOMC , earnings, jobless claims and CPI all happening this week. There is a lot of risk that is not being priced in at the moment. All this

Stay safe, keep your trades small ahead FOMC and earnings.7/25/23 Premarket outlook and Technical Analysis for day trading the SPY.  Read More »

5/5/23 Premarket outlook and Technical Analysis for day trading the SPY.

Good morning traders, this morning will be all about the employment situation that takes place at 8:30am. This could send us back down which could spark up a wild round of sale side activity or it could ignite a short-lived rally. The reason why I say a short-lived rally is just above is the weekly

5/5/23 Premarket outlook and Technical Analysis for day trading the SPY. Read More »

We have been study in this range for weeks so breaking this range either way is going to be ugly no matter the direction. 5/8/23 Premarket outlook and Technical Analysis for day trading the SPY.

Good morning traders, the range is the range until you see the fireworks that are going to happen when we break the range. For the last 5 weeks we have closed inside the market makers weekly expected move with the exception of a scare on 3/31/23 in which we closed outside the upper edge and

We have been study in this range for weeks so breaking this range either way is going to be ugly no matter the direction. 5/8/23 Premarket outlook and Technical Analysis for day trading the SPY. Read More »

Earning’s guidance continues to throw a wet blanket on trade. 5/9/23 Premarket outlook and Technical Analysis for day trading the SPY.

Good morning traders, there are plenty of earning’s examples this morning but I want to single out PayPal. PayPal had relatively decent earnings reporting better than expected profit and revenues even raising full year profit guidance despite all of that it is still down close to 5% in premarket trading. A couple things to remember

Earning’s guidance continues to throw a wet blanket on trade. 5/9/23 Premarket outlook and Technical Analysis for day trading the SPY. Read More »

CPI CPI it’s all about the CPI . 5/10/23 Premarket outlook and Technical Analysis for day trading the SPY. 

Good morning traders, if you can’t tell by the title but today is all about the CPI report. It’s that simple and binary that could trigger a run for a couple days. The simple part of it is if the report exceeds estimates stocks will fall, bonds will fall, Yields will rise, and the dollar

CPI CPI it’s all about the CPI . 5/10/23 Premarket outlook and Technical Analysis for day trading the SPY.  Read More »

More premarket tape bombs today. 5/11/23 Premarket outlook and Technical Analysis for day trading the SPY. 

Good morning traders, you may have thought inflation data was over but it’s not. This morning we have PPI at the same time of jobless claims. PPI is another inflation measure but on the wholesale side. If it exceeds estimates: stocks fall, bonds fall, yields rise and the dollar gets stronger. If estimates miss: stocks

More premarket tape bombs today. 5/11/23 Premarket outlook and Technical Analysis for day trading the SPY.  Read More »

The bigger Picture. 5/12/23 Premarket outlook and Technical Analysis for day trading the SPY. 

Good morning traders, today is all about the bigger picture not the song by lil baby (really love that song though) but the charts outside of intraday looks. Today and this week it will help by stepping back and looking at the bigger picture, or the 30,000-foot view. Backing out to a one-year daily chart

The bigger Picture. 5/12/23 Premarket outlook and Technical Analysis for day trading the SPY.  Read More »