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3 Days of Trades +75 Points and Looking at What I Expect in the Emini S&P the Rest of This Week!

Aug 19, 2021

3 Days of Trades +75 Points and Looking at What to Expect in the Emini S&P 500 This Week!
Hey yall! I’m back (ish)!! I know this isn’t the typical trading video that you’re used to seeing from me but it does cover my last 3 days of trading. It isn’t as though I haven’t been trading at all over the last few weeks/months but it has been a bit sporadic. But now that I’m getting settled in to the new casa and have been able to deal with a few other things going on, I will be able to make more time.
Enough about me, let’s talk about the market! Whew! So yesterday was a doozie wasn’t it?! It sure did drop like a rock! In Monday’s video we talked about why to anticipate a move to the downside and how it was expected to head to the small EMA on the Daily chart--- and boy did that sucker just made a beeline straight for it or WHAT?! After covering this week’s trades, we break down what we can see happening in the current market.
Although most of me thinks it has a chance to continue down to the next EMA—history has shown to be aware of this area’s chance to hold. It did, however bounce right off of it once it hit that 55 EMA. Just paying attention to the moves, listening to what it has to say and not trying to force it to do anything has worked out for me in the past—and I think I’ll stick with that mindset all the rest of my trading days!
Alrighty folks, we are still working on an update of the curriculum so that we can easily transition it into Spanish but that’s coming along a wee bit slower than anticipated. Definitely coming along though! I don’t know when but I promise to get the live-action trading videos going again sooner than later but for now—I’m just glad to be back in the groove my friends!
Be sure to reach out if you have ANY question and I’ll be more than happy to help! Much love good peeps and hope you are all well in these crazy times!

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