Category: Telegram Trading

The below assessment is provided under the Financial Content Disclaimer at https://TSP.Live/financial-content-disclaimer/. Always consult with a licensed financial professional before trading. Nothing shared here should be interpreted as financial advice.

Financial Market Analytics Dashboard (FREE): https://tsp.live/fma-v2/

Assessment: It’s been a quiet summer of trading. The past few weeks I have been concentrating on getting ready for football, so I apologize for keeping my trading fans without content. However, there really hasn’t been much. The slow grind higher continues and we appear to have stalled briefly now at 640 in SPY.

As I said coming into July, I didn’t expect to see any real trading action or opportunities for swing traders until late August or early September. I continue to hold to that assessment. We did get an interesting volume spike today, so I am wondering if there is a short term decline getting underway. We’ll see what the next couple days bring. I don’t think much tomorrow as the summer has been dead for excitement overall and Friday’s are usually dull after 10am ET.

SPY Chart: https://sblk.io/s/alxliaulF2FRhDN

Good luck in your trades!

The below assessment is provided under the Financial Content Disclaimer at https://TSP.Live/financial-content-disclaimer/. Always consult with a licensed financial professional before trading. Nothing shared here should be interpreted as financial advice.

Financial Market Analytics Dashboard (FREE): https://tsp.live/fma-v2/

Assessment:  We are in the typical slow upward grind for the market. It’s pretty dull trading, except for buy and hold long-term traders. Swing traders…well…not much swinging. You can tell it’s quiet by the size of the candles since May, but especially since about mid-June. It was around that time traders decided to take an early July 4th weekend, one which they may still be on. So, until we start to see larger candles signaling material trading going on in the markets, it will likely continue to be a slow grind higher. I will be watching the action and the pivots, but for now, nothing much to do.

SPY Chart: https://sblk.io/s/5RGRs5u4s6S0Tkw

Good luck in your trades!

The below assessment is provided under the Financial Content Disclaimer at https://TSP.Live/financial-content-disclaimer/. Always consult with a licensed financial professional before trading. Nothing shared here should be interpreted as financial advice.

Financial Market Analytics Dashboard (FREE): https://tsp.live/fma-v2/

Assessment:  Traders are trickling back from the holiday break, but we may still be in “summer mode” for a few more weeks ☀️. Since COVID, there’s been a noticeable trend: summer markets tend to grind slowly higher, with real trading activity picking up from late August through October. After that, most traders seem to check out until January. The cycle continues—active markets from January to March, then another lull, some activity in late April, and back to summer mode. It’s as if traders have quietly agreed on a part-time schedule 🗓️.

Given that, the market is currently overbought… but that hasn’t mattered much lately. With low participation this time of year, any pullback might be minimal. So, it’s tough to justify buying here—the big moves already came from March to May. Now, we’re just grinding upward in low volume. Even major geopolitical developments like tensions with Iran barely moved the needle—these days, a jobs report seems to have the same impact as conflict in a critical oil zone 🤷.

So here we are. Let’s see what unfolds next. A new calculated pivot from the algorithm shows up at $606 on the chart. If we break that level, I’ll look to take a short position in SPY. Until then, I’m staying on the sidelines and holding tight 🛑📈

SPY Chart: https://sblk.io/s/gYxYiwuZIzhvTE2

Good luck in your trades!

The below assessment is provided under the Financial Content Disclaimer at https://TSP.Live/financial-content-disclaimer/. Always consult with a licensed financial professional before trading. Nothing shared here should be interpreted as financial advice.

Financial Market Analytics Dashboard (FREE): https://tsp.live/fma-v2/

Assessment:  It’s been a while since I had an update, but there’s been very little to update. The move from 600 to 618 in SPY was slow and didn’t really provide a quality trade for the risk/reward potential. Combine that with the overbought nature of this market at and above 600, it really wasn’t a good trade setup but a forced one. Not only is the Path Predictor table showing OVERBOUGHT and the calculations pointing to shorting, but RSI has now popped above 70 in recent days.

Beyond the technicals, barring big news, it’s unlikely to see much action over the summer. We have 4th of July on Friday so many traders take off this week leading in and/or the week afterward. Long story short, there’s just not much to do in the summers. When you look 5 to 10 years ago, there tended to be good points for trading in the summers. In the last 5 years its seemed more like the big traders and funds got together and said… “Remember how much fun it was to have summers off in school?!?! Let’s all agree not to do any material trading in the summer and we will come back in September and get back to work? We can jet off to Europe, go to the islands, enjoy the sun and our beach houses with family and no concern for the markets. Deal?!?” To which they all agreed and that’s why summer in the market is like watching the slow waves from the ocean. You get some up and down movement, but from June through late August, there’s not much of quality to trade…up or down.

I will keep an eye out to see what we get, but I don’t expect much for another 1.5 to 2 months.

SPY Chart: https://sblk.io/s/6rLrFRu7CbUwPS3a

Good luck in your trades!

The below assessment is provided under the Financial Content Disclaimer at https://TSP.Live/financial-content-disclaimer/. Always consult with a licensed financial professional before trading. Nothing shared here should be interpreted as financial advice.

Financial Market Analytics Dashboard (FREE): https://tsp.live/fma-v2/

Assessment: There hasn’t been much to cover for market action because the last three weeks have basically gone sideways after breaking above the key red line pivot. We had some good movement and some good trading through the Path Predictor table (on the FMA Dashboard link above), but lately there hasn’t been much to do. I tend to find that trading is 90% waiting for setups and 10% in actual trades.

Updated SPY chart: https://sblk.io/s/R6B6HBfGFPhnIGL

Good luck in your trades!

The below assessment is provided under the Financial Content Disclaimer at https://TSP.Live/financial-content-disclaimer/. Always consult with a licensed financial professional before trading. Nothing shared here should be interpreted as financial advice.

Financial Market Analytics Dashboard (FREE): https://tsp.live/fma-v2/

Assessment:  Yesterday the Path Predictor Momentum Indicator moved into a “DOWN” trend. The table has closed the open LONG position, which began at SPY $540.44. It closed the position at the opening price of today at $582.66. It is now entering a SHORT position here at SPY $582.77

SPY Chart: https://sblk.io/s/OnYnFgSzIaU1s2

Good luck in your trades!

The below assessment is provided under the Financial Content Disclaimer at https://TSP.Live/financial-content-disclaimer/. Always consult with a licensed financial professional before trading. Nothing shared here should be interpreted as financial advice.

Financial Market Analytics Dashboard (FREE): https://tsp.live/fma-v2/

Assessment: The Path Predictor Momentum table on the FMA Dashboard has a long position which triggered back on April 23rd (click here) and is now up over +11.0% since that time. However, today the table clicked to OVERBOUGHT on the technicals. So, while the bullish position is holding, it could be coming close to the end of the road. Passive traders would readily exit on a change of technicals. Always consult a financial advisor before engaging in any trading.

SPY Chart: https://sblk.io/s/DAGAUySnSeTLcb

Good luck in your trades!

The below assessment is provided under the Financial Content Disclaimer at https://TSP.Live/financial-content-disclaimer/. Always consult with a licensed financial professional before trading. Nothing shared here should be interpreted as financial advice.

Financial Market Analytics Dashboard (FREE): https://tsp.live/fma-v2/

Assessment:  On April 23rd, the Path Predictor Momentum table closed its long running short position for a modest 1.74% gain and then entered a long position which after yesterday’s action…and at the start of today is up 10.23%. Typically a 10% gain is where I would look to close a position. The calculations within the Path Predictor Momentum table are so far not signaling that it is time to close the position, but many traders would consider this spot a good place to secure a very healthy profit.

SPY Chart: https://sblk.io/s/rxaxumSmC5h5tq9

Good luck in your trades!