PharmD Capital Trading with PharmD_KS

PharmD Capital Trading with PharmD_KS

Share this post

PharmD Capital Trading with PharmD_KS
PharmD Capital Trading with PharmD_KS
SPX ES SPY Setups for 12/12
Copy link
Facebook
Email
Notes
More

SPX ES SPY Setups for 12/12

PharmD_KS's avatar
PharmD_KS
Dec 12, 2023
∙ Paid
48

Share this post

PharmD Capital Trading with PharmD_KS
PharmD Capital Trading with PharmD_KS
SPX ES SPY Setups for 12/12
Copy link
Facebook
Email
Notes
More
4
Share

Discord is currently still available (Free and included) for new subscribers but as of the first of the year or possibly sooner, this policy will be changing. If you are looking for Discord access, see below instructions. Be aware it takes a few days to validate user info and gain access so please be patient. If you don’t have an invite link after a few days please check your spam folder. Instructions for access are HERE

I’ve included a pretty extensive write up on trade execution around the open from today purely from a candle perspective that should at least be highly informative from a price action perspective.

Globex opened Sunday night and quickly looked above and failed Friday’s high of 4666 setting up our first short setup which ultimately made it’s way to the 4651.75 into our first long setup.

From both the weekly post and the post for today, ES 4651.75 was key to bid for direct continuation. This level was defended at 4652 in the overnight session just more than an hour to open, and ultimately resolved 25+ points higher.

I posted scenarios for both bulls and bears into the open in the discord:

This presented a difficult decision: Does one hold short runners from overnight short or reverse long? We’ll discuss this decision process and what it might look like in tonight’s post.

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2025 PharmD_KS
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More