SPX SPY ES for 3/14/24

I’ve included a free trial offer for 7 days. See HERE. It will not include trial access to discord.

Today was quite a disgusting mess of chop for most of the day which I will describe with this meme:

After repeated fails in the 43-46 range this then turned into a beautiful box breakdown short for those who hadn’t yet died of boredom:

From there I finally took the trade I had been waiting for since the morning (Discord is now EST-3):

The primary targets for this trade were 32 and 36 which printed very quickly. I’m told that calls went from $0.7 to $15 in minutes. I personally just traded ES

Tomorrow, we have a huge amount of data so another inside day is pretty unlikely. The test of 5221 today may have weakened it and the multiple tests of 46 the last 2 days should have weakened it. Thus we could see a decent move tomorrow either direction. We’ll discuss how we’ll play either direction in tonight’s post.

To learn more about how I trade, see the post “What is Trading Doggy Style” Here

-For those that trade SPY/SPX, there is an ES to SPY/SPX converter in Tradingview. See announcements in the Discord.

Discord policy may change to a wait period in the near future. Instructions for access (free for paid substack subscribers) are HERE. Reminder that it can take a couple days to get the invite link and ultimately assigned member status once in the “landing” area of Discord.

-To learn more about what this Substack offers, please click HERE. I would like to avoid people signing up before they know what they are getting.