Hello traders,
Hope you had a great long weekend.
I spent my weekend working on the crude oil model and it is definitely a challenging task.
You can follow along my commentary on it in this twitter thread
or you could just do what this gentlemen did. There are no bonus points trying to “learn” or “develop strategies”. Eventually it is about clicking buttons and making money no matter who or where the edge comes from.
I will stop doing weekly recaps going forward, if you want to know how the levels worked the previous week you can check my twitter. Here is a sample from Friday RTH session.
This evening we caught some nq shorts and stuff
All eyes are on NVIDIA this week as the tech titan gears up to release its earnings report. The anticipation is palpable among traders and investors alike, with many poised on the edge of their seats, ready to dissect every nuance of the earnings announcement. It's not just about the numbers; it's about the narrative NVIDIA spins around its performance, future outlook, and how these factors interplay with the broader market dynamics.
In the lead-up to the earnings release, speculation is rife. Will NVIDIA outperform market expectations, or will it fall short? The stakes are high, and the implications are wide-reaching. A strong showing could inject a dose of bullish energy into the tech sector, possibly propelling the S&P 500 and NASDAQ to new heights. Conversely, a disappointing report could cast a shadow over the market, sending ripples of bearish sentiment across various sectors.
So yeah, it can go up or down. Not very helpful.
Moving on,
Levels for this week: