The S&P 500 Index is the big index that all of the major fund managers use to track their performance.
The index is made up of large-cap stocks, and it is traded in the futures market under the ticker symbol ES.
As regular readers know, we track this market week in and week out, and we’re starting to see a new trend potentially develop.
So, let’s check in on ES to see how this market is shaping up after a strong week of trading.
The S&P 500 Futures Market Review
Here’s how the chart is setting up for the S&P 500 Index futures contract (ES)…
The ES daily time frame is in a down trend, with the market making lower lows and lower highs.
There is a down Fibonacci with an extension price point 3,228.75, about -2,237 ticks below the market.
As long as the daily time frame stays below the down trend line, it will be a good idea to turn to the one hour time frame and look for selling ideas.
Don’t Miss Ross’s Special Event… “Operation: FIRE Trader”
Before I sign off, what if I were to tell you that out of 307 different occurrences…
There’s one specific trading sequence that’s produced a 100% win rate?
Would you believe it?
Well, my good friend Ross Givens has the cold hard proof to back this up.
And after 10 years of utilizing this strategy to help him grow his own nest egg…
He and I are officially going live for the most anticipated training event we’ve ever done here at Traders Agency…
We’ve called it: “Operation: FIRE Trader.”
During this special one-time training event on Tuesday, July 26th at 1pm EST…
Ross will walk us through this “prophetic trading sequence” step by step where he’ll also share:
- Why this “prophetic” sequence is considered the “All-time best performing trading strategy in the history of the markets.”
- How a small group of elite traders have quietly leveraged this trading sequence to help rake in phenomenal gains of 941%… 1,379%… and 49,900% in both bull AND bear markets.
- The 1,012 white paper study proving this sequence produced a 100% win rate out of 307 different market occurrences.
- How anyone could turn $10,000 into a cash payout of $137,858 in just five opportunities!
- And much much more!
Now… given the dramatic shift in the market we’ve just seen…
There’s never been a more important time to have a dependable and precision accurate strategy in your arsenal.
Which is why this one-time special training of “Operation: FIRE Trader” is one you DO NOT want to miss out on.
But there is one catch: If you’d like to attend, you need to RSVP as soon as possible… before spots are full.
If you have more questions or comments, please send them to email@example.com.
Keep on trading,