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Monday Morning Emini SP500 Expectations for 9/27/21

Sep 27, 2021

 
Good morning folks!! Here we are at Monday again, which means it is a new week for a fresh start. For this week, we do have quite a bit of news coming out. So if you’re a news watcher and your strategy requires you to be out of the market during news—you’ll want to take a look at what we have going on. There is something considered “high impact” every day this week.
On the Daily chart, last week did finally give the push down—ALMOST to the area of the Large EMA but not quite. With the look it is giving us now—weak movement up in the MACDs and Divergences to push down on the other larger charts, we may see it make its way down there this week.
The direction in the larger charts says the market is up with the ability to push down, while charts like the 1597 and lower have already made a strong shift to the downside. We talked about possibly seeing some more white BBs and divergences to push my trading chart (the 1597) back to the upside. As I’m typing this, I’m seeing that happen, so we’ll have to see if that threshold is going to break or hold.
As always though, any way it goes—you need to be focused and ready for the immediate action because the market can shift quickly.. and if you’re not mentally ready to shift with it, it could eat your lunch! Simply pay attention, stay out when you’re uncertain or unfocused and listen to what it is telling you. It beats the heck out of trying to force the market into what you THINK it should do… That almost never works out!
Alrighty my friends! I hope that everyone has a fantastic week! Be prepared for whatever might come your way and sending all my good vibes your way peeps!

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