September 28, 2023 SPX, SPY, ES Trade Plan
Market Review - Last Session
Today was a fun day - not only from a trading standpoint and our bullish and bearish bias playing out - but I enjoyed interacting with many of you in our chat room via Substack. Our goal and plan here is not to be a signal service. We want to equip you and train you to learn to make your own trades and have conviction in your trades.
Onto a quick review of today’s action…Shared in real time with our paid subscribers I would recommend you review the breakdown of 4265 and the retest of it to see what a clear breakdown followed by a retest looks like.
Many of you have asked what does a breakout or breakdown look like and one of the better visuals I can share with you is the below.
Speaking about our chat room…for more details on how you can access it see our post below. We are excited to provide this to all of our paid subscriber where we can discuss the days trading session.
All-in-all I would say we had one hell of a successful trading session and we were able to accomplish this by being #paytient and having conviction to our plan and levels.
In terms of our key levels we stayed above the bullish/up trendline at 4232, but we will continue to monitor this level and its importance for the bulls. What’s interesting with this trendline is that SPY and ES both tested this trendline and held it. So I am looking at this trendline across all 3 SPX/SPY/ES tickers.
Keep reading with a 7-day free trial
Subscribe to Dark Matter Trade to keep reading this post and get 7 days of free access to the full post archives.