Plus, Celeste Lindman gives us key dates for hte market
- Markets facing downside pressure!
- Why momemtum levels are CRUCIAL right now & what they point to!
- Why volatility is set to spike!
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My pivot today on the ES (S&P 500 futures) will be 4005. My resistance is 4050 and support 3950. Yesterday the ES futures traded down to 3960, just shy of my big support number. Overnight we saw the slightest of rallies up to 3990. We'll be patient today and follow the numbers. I've set my pivot at 4005 today to tell me whether the overnight uptick might have more legs. Watch today's 65 second TBUZ TV episode here. Click to get today's Pre-Market Planner Numbers here. ~ TBUZ | |
Here's why it's so important to be nimble right now. History for 2022 says we go down from here… potentially to a new low in about March 2023. Write that down. But at some point, the broad markets will break out and turn a short-term uptrend into a longer term uptrend… It could be now, it could be later. The key is to avoid personal bias and instead trade the numbers based on rules. The trade setup that has me excited goes back to 1927. Click here to hear me share the details along with Roger Scott. | |
Kind words from our best students: "Well done Tom & Geof -- very few other trading instructors would ever have the patience and persistence to show their students this kind of lucrative trick/practice!" — Joe L., a premium subscriber to Tom Busby & Geof Smith | |
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