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Market Prep: Week of June 6, 2022

Hello Traderade Friends! Hopefully everyone is enjoying their weekend and taking a break from the trading screens! It's time again to start thinking about the week ahead in the markets, let's dive into the charts. This week's Market Prep will truly be short and sweet. Why? Because despite a lot of chop, nothing really happened on the S&P500, so most of my levels and setups from last week's Market Prep are still valid (https://www.traderade.com/post/market-prep-week-of-may-30-2022). We finished down -1.17% last week, which isn't much considering we went up 6.57% the week before.

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6 Comments


alavanca
Jun 07, 2022

Enjoyed reading this, especially the explanation behind your analysis, thanks!

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Brendan Mulhern
Brendan Mulhern
Jun 06, 2022

you ma boy, Blue!!!

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Andy Featherston
Andy Featherston
Jun 05, 2022

The key levels are helpful even for a longer term swing trader - thank you, Horse! Have a great week Everyone! Let’s go.

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MK415
Jun 05, 2022

Thanks Horse! Good luck everyone!

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rk
Jun 05, 2022

thanks horse awesome market prep.

Here is what i think and might happen in longer timeframe.


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