WOULD YOU PREFER TO SPEAK WITH US ON THE PHONE OR A VIDEO CALL? CLICK HERE.

LIVE CLASS SCHEDULE
ABOUT RDT
ABOUT RDT MEET THE RDT TEAM ABOUT NINJATRADER TESTIMONIALS
COURSES
COURSES AND PROGRAMS (ENGLISH) CURSOS Y PROGRAMAS EN ESPANOL CLASS SCHEDULE THE VAULT
NEWS
MARKET NEWS BLOG
UPROFIT TRADER CONTACT
GET FUNDED
Join Our Discord Channel

Monday September 18, 2023 Weekly Emini S&P Rundown with Responsible Day Trading

Sep 18, 2023

Happy Monday Traders!  Sheesh—it’s been a while since I’ve been up this early to make a rundown video—but when I say I commit, I commit!

First, a reminder that out Scholarship winners for out 2023 RDT Scholarship will be announced next month.  If you haven’t already filled out your application, the make sure you pop on over to the website and do that.  Or if you know someone who might be a good candidate for a full ride scholarship, then send them our way.  Also, we have released our NinjaTrader Platform Fundamentals in Spanish, so if you believe that will benefit you, then reach out and we’ll make sure you have access to it!

So, as for the market, we’ve had quite a bit of movement lately.  The retracement divergence on the Daily chart that we discussed a few weeks ago, has definitely done its job and moved this market back down to the EMAs on that chart.  Currently, all but the daily chart has direction to the downside, but we can see the possibility for it to shift back up.  It is definitely trying, but has some work to do to get back there.

The great part about what we do, we can take trades in either direction, so up, or down—we can find ways to participate.  It’s part of the reasons we love futures so much here at RDT.. lots of opportunity and the ability to recognize them quickly.

Well my friends, that will wrap up this week’s rundown!  If you have any questions, please feel free to reach out and we wish you the best week ahead!

Stay connected with news and updates!

Join our mailing list to receive the latest news and updates from our team.
Don't worry, your information will not be shared.

We hate SPAM. We will never sell your information, for any reason.

Categories

All Categories day trading habits trading recaps

All content published and distributed by Responsible Day Trading and its affiliates (collectively, the “Company”) is to be treated as general information only. None of the information provided by the Company or contained here is intended (a) as investment advice, (b) as an offer or solicitation of an offer to buy or sell or (c) as a recommendation, endorsement or sponsorship of any security, company or fund. Testimonials appearing may not be representative of other clients or customers and is not a guarantee of future performance or success.

Futures and forex trading 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 lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. This is neither a solicitation nor an offer to buy or sell futures, options or forex. Past performance is not necessarily indicative of future results.

CFTC Rules 4.41 - Hypothetical or Simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, because the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.