SPY, Major Warning has been signalled for the stock market. The stock markets have been rattled by a concerning development that historically has been a precursor to increased volatility and economic uncertainty - the uninversion of the yield curve.
In December, long-term interest rates fell below short-term rates, reversing the inversion that had been in place. This yield curve uninversion is often viewed as a potential warning sign of an impending recession, as it has preceded the last seven recessions in the United States.
Looking back at past data, the last time the yield curve was uninverted in this manner was in 2019, just before the COVID-19 pandemic triggered a major market downturn. Prior to that, it uninverted in 2006-2007, shortly before the Great Recession hit in 2008-2009.
While the yield curve uninversion does not guarantee an imminent recession, it has proven to be a reliable leading indicator of increased market volatility and economic slowdown.
Trade safe,
Trader Leo
Emini
Trade Like A Sniper - Episode 9 - NQ1- (31st May 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing E-mini NASDAQ, starting from the Weekly chart.
- R2F
How to trade correlations with the SP500? ES/SP500/US100
Hello Traders, Welcome back to another market breakdown.
Today, I've got an exciting video for you as I dive into the current state of the S&P 500 and explore various strategies based on different market scenarios. Whether you're an experienced investor or just getting started, this video will help you better understand how to navigate the dynamic world of the stock market.
Trade safely,
Trader Leo
How to Prep: SPX Breakdown. BIG MoveSPX Breakdown:
My Philosophy is price is king and
KEEP IT SIMPLE.
Here it is.
Today My Plan for SPX intraday...
Es to Spx
4752.
Spx Bull case
Open above 4752 we can test 4762 with 4769 and 4774 (this is my preferred move at opening, then adjust).
SPX Bear case
Open below 4752 and stay below 4752 we can test 4742 with 4733 and 4728.
Hope you enjoy! Follow on TradingView for more trading tips.
Stay Frosty!
Weekly Setup and 10 AM TRADEThis is a holiday abridged week. I expect market volume to taper off after Tuesday or so, with it coming alive following Monday. Thursday and Friday, the NYSE remains closed. Happy Thanksgiving!
My Weekly Scenarios
Scenario 1: I think if we are able to remain above 4510-4515 this week, there may be a tendency to test 4552 area. I do think there is a possibility of a range extension into 4586-4600 due to seasonality, mega caps etc.
ES Weekly Trade Plan
Inflection: 4508-4512
Upper Levels: 4545 / 4565 / 4606-4614 / 4634
Lower Levels: 4484 / 4467-4474 / 4423-4430 / 4400
ES Monday Trade Plan
Inflection: 4508-4512
Upper Levels: 4537 / 4545 / 4560-4566 / 4580
Lower Levels: 4500 / 4493 / 4474 / 4467
STAY FROSTY!
SP500, All you need to know right now.S&P5OO, Emini, ES, US500
Hello traders, welcome back to another marjet breakdown.
In this video, I speak about the recent price action on the SP500 and what we could expect in the coming weeks.
With every bar printed, new information is showen that can change the probability of each event.
Trade safely,
Trader Leo.