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Wishing you a cheerful Sunday ☀!
In this week’s newsletter, you’ll read about…
💬 My weekly stock market overview as we reflect and prep for the week
💻 Learn from other trader’s mistakes. What this guy did wrong?!
📈 The obvious winners and losers and 3 Trade setups for the week
📖 1-Minute 💭 : Weekly recap
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Proceeding With The Reading:
Traders work on the floor of the New York Stock Exchange (NYSE) in New York. Brendan McDermid | Reuters
The U.S. market has been supported on dips for about 3 months now. Outside of the pullback in October 2023, the past 2 months have shown us that the new norm, until broken, is to defend $SPX 4500s. The trend can continue higher unless broken.
E-mini chart