Welcome Traders!
Hope everyone had a pleasant holiday weekend. Looking forward to a full trading week as CPI and FOMC hit hump day, PPI follows along with, jobless claims, and some bank earnings to end the week.
Let’s get to it. But first take a second to reflect on why you’re here courtesy of James Clear.
Money plays an important role in life, but it can't be the only filter for how you decide to spend your time. Nobody will ever pay you to go on a date with your spouse or take your kids to the park or grab coffee with your parents.
I’m teaching good habits everyday and how to trade a system that will keep you a consistent trader. If you’re following baseless trades take a second to examine your plan.
Check out my Youtube with educational material and I’m also available on Twitter if you have questions.
Neutral Strategy Review
SPY hit our T1 to the upside before taking slide back to neutral box and below. Although the market conditions were choppy, we ended up staying in a bullish range and things remained bullish.
QQQ never broke to upside and took a little period to digest.
Let’s get straight to the plan for this week.
SPY April 2-6, 2022
TUESDAY - MrNa Vaccine Day / Looking at CRWD
WEDNESDAY - CPI and FOMC.
THURSDAY - Delta ER. PPI
FRIDAY - Bank Earnings. March retil #s
As far as earnings:
Let’s get right to it.
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