** Prep for Morning Session**
MARKET CONDITIONSWorld Markets News: Asian markets finished mixed as of the closing prices. European markets are higher today. No relevant news during market hours today. FED Chairman speaks after the market is close.
Economic Calendar
SPY - Trading platform is not working today so the chart was taken from Tradingview. The market is still respecting the trading range between 153.50 || 157.20. After testing the low of the range last session we expect the market to test the POC at 155.50. If we break down below 153.50 and hold or a consolidation is formed near the bottom of this range, a bearish sentiment will be present. Most likely scenario is for prices to hang around 155.50
Bias: Neutral Bullish.
Accuracy: 50%. Market was more bearish than bullish this morning.
AM Stock Selection Sheet download - since my trading platform is not work, no plan or analysis were conducted.
Updated at 08:15
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Read this before using the information provided in this page:
- Educational purpose material only. Use this information at your own risk
- Stocks may be added to the selection sheet at any time. They are used as a guide to select which stocks I will trade and set alerts . It does not mean that I follow all of them, that would be crazy.
- The Accuracy information is for my own use only. It is reviewed after I am done trading. This is just a way for me to measure how is my reading of the market and my confidence in it. I suggest you develop your own way to do this.
- The morning sheet will be updated between 8:00 and 9:00
- The afternoon sheet will be updated between 13:00 and 14:00
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