SPX ES SPY Setups for 1/4/24

Count them - TWO (and a half really) A+ setups

I’m not sure what the highlight of today would have been, the overnight short that ultimately went for 40+ points or the live trades we took in the discord since it was so much fun. The short setup from last night:

The first long was posted at 10:56 EST (discord is EST-2)

We trimmed half and I said I would reload at 48-49. Price came back to 49 precisely and I posted that I got filled.

Sellers then saw what was coming for them (I jokingly said my Calves) and price ripped 18 points in a relative straight line. We trimmed again on the way up, price came all the way back down and still didn’t violate the initial stop for the last runner(s), and ultimately resolved to 71.75 for +22.75 where I said I was out on ES.

Today is an absolutely huge day and we have not one, but TWO A+ setups which you’ve all been waiting for. Let’s dig in