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Monday September 25, 2023: RDT's Emini S&P Market Rundown with Some Divergence Lessons

Sep 25, 2023

Hello my friends and happy Monday!  First, if you haven‘t heard, and you live in the Houston area, we are hosting 2 meet and greets this evening.  The first will be for any Houston area traders.  We just wanted to get out of our houses and hang with some people that have chosen the trading life.  There will be no presentation—just food, drinks (2 drink tickets per person) and some conversations with people who get you.

After that, we’re holding a Beginner’s meet and greet for anyone in the service industry (although all are welcome).  If you know anything about me and my background, I spend many years in the service industry and it was hard to imagine ever leaving, until I found trading.  So we wanted to share some knowledge and be in the service of those who spend a lot of their time in the service of others.  We’d love to see you there and feel free to stay for both if you’d like!

Okay, on to the market!  We did see a GIANT push to the downside last week, which provided a lot of opportunity!  With the strong move down, it is hard to think of it ending anytime soon—but we have seen some good divergences on our larger charts that suggest we could see this market at least attempt to move back up.  We are at a strong area of support and now we just need to approach it with a clear mind as we look for opportunities to flow with the market. I’ve also included some divergence lessons in this video, so I’d love to hear your feedback on how it sits with you!

Alright traders!  I hope we all have an excellent week!  I’m looking forward to meeting some of you this evening and also—don’t forget to sign up for the scholarship if you haven’t already.  We will have 4 winners, 2 for the VIP and 2 for the Independent study program and we can’t wait to have them as part of the team!

Much love my friends and catch you around next week!

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