Results of Wednesday’s Best S&P Futures Turning Points: Neither level triggered.
Today’s Best S&P Futures Turning Points (disqualified during GDP announcement until expected volatility calms):
Buy 4059.25 stop 4055.00. Short 4155.50 stop 4158.50.
The World Sentiment Index: (+100/-100) leaps from -21 to +36 with all major world markets neutral to Bullish on lower volatility.
Catalysts: GDP & Jobless Claims @ 8:30. Pending Home Sales @ 10:00. META beats, holds 12% gain.
Quick Tip: Persistence
Every successful person in trading and in life has gone through barriers and setbacks to achieve their success.
In trading everyone deals with losing streaks, drawdowns, unfilled winning trades, slippage, internet outages, criticism from family and friends, and more.
“I have not failed. I have just found 10,000 ways that won’t work.” Thomas Edison
“I have failed again and again throughout my life. That’s why I’ve been successful.” Michael Jordan
"Success is stumbling from failure to failure with no loss of enthusiasm." - Winston Churchill
Clearly, persistence wins.
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Mike Siewruk
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