Off The Chart by Trade Aptitude

Yesterday’s results: Neither trade suggestion triggered. 

Today’s Best S&P Futures Turning Points: Short 6091.75 stop 6095.25. Buy 6017.25 stop 6012.25 (filtered out during CPI release volatility). 

The World Index: (+100/-100) remains at -7 with sentiment mixed on very low volatility. 

Catalysts: CPI @ 8:30. Crude Oil Inventories @ 10:30. 10-year Bond Auction @ 13:00. Federal Budget Balance @ 14:00. 

Quick Tip: Off The Chart

All markets are influenced by the forces of supply and demand. More demand than supply will push the markets higher. This natural law works on every tradable asset. 

But is all demand visible on a price chart? For indexes, currencies, and commodities, I would argue yes. They are mostly institutional markets, and the footprints large traders leave can be found. Our team trades a chart-based Supply/Demand strategy that has a real edge. 

For individual stocks I would argue yes, but not always. While institutions play a major role in individual stock movement the quantity of retail traders has increased since Covid and they absolutely do influence price with their collective demand. Think about the meme stock explosion. 

But there is another, Off The Chart demand, for individual stocks that has great edge in predicting price movement: Insider buying by the C-level executives running the business. No one knows better than they do how the business is likely to perform in the future. 

Learn how to trade this Off The Chart demand, join us today, Wednesday December 11 @ 1 PM ET for a complimentary training session. Click here to register.

Trade fearlessly,

Mike Siewruk

 P.S. Share in the wealth! Pass this invitation along to your trading buddies.