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Market Prep: Week of June 13, 2022

Greetings Traderade Family! I'd be lying if I said I was looking forward to writing this week's Market Prep...the last two trading days took me by surprise and left me scratching my head.

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7 Comments


CarolinaBeachBum
CarolinaBeachBum
Jun 13, 2022

Thanks, Horse! I appreciate the transparent, honest approach.

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rk
Jun 13, 2022

My terms for 200 days.

200 day SMA(pullback), 200 week SMA band (very good correction)and 200 month SMA (recession)

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TraderJoe
TraderJoe
Jun 13, 2022

is the future pointing to SPY limit down w/ 6%?!! Will this bring a countertrend move in place considering opex expiration the next day?

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Mister E
Mister E
Jun 13, 2022

YDM Horse - all good stuff. Thanks for the insights. #LetsGoERBO :)

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rk
Jun 13, 2022

200 week SMA still target. I hope we bounce there so I can add more for longer term. Like always good job Horse. Been traveling kinda hard to trade .Good luck guys.Quarterly candle on ES looks not gonna reverse anytime soon. Iam eagerly waiting for 3quarter candle to see if we bounce too.



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