REMINDER: Starting on Presidents’ Day weekend, Feb. 13-15, we’ll begin posting all updates at tradingonthemark.substack.com. If you’re already a subscriber to our service here, we’ll arrange to have your access continue there without interruption.
The Day Ahead: PM Edition 2021-01-04
Bonds attempted to escape the gravitational pull of the moving averages but couldn't maintain it.
The Day Ahead: AM Edition 2021-01-04
Bonds tested the lower end of the range is has been stuck in early today and now rising to make another stab at 173^07.
First Look: 2021-01-04
First day of the year and the S&P 500 may be setting a high of some importance.
British Pound Futures Update 2019-09-26
Sterling is dropping from a typical wave (iv) resistance but I doubt wave (iv) is complete as fours are often the most complex patterns. It is conceivable that it runs sideways for months. An alternate would be this is a fourth of lower degree, 'iv', and the next low 'v of (iii)'.
The Week Ahead: 2019-09-22
Primary view in bonds is that they are bouncing in wave 'b of (b)' and the bounce last week is probably just the first part of that choppy move. The next major cycle inflection is in January next year which I suspect will be the 'c of (b)' low.
The Week Ahead 2019-09-15
Bonds had a nice drop this last week which conforms to the forecast for a wave (b) retrace. Since the FOMC announcement and press conference is on Wednesday afternoon, I suspect we are nearing the end of the first wave of wave (b) at 156^25 or 154^20. Difficult to forecast the end of wave (b), but should make it to at least 150^17. Probably depends on if they intend to only drop into the next cycle inflection in early November, or go for the next in January of next year. I favor the latter but we will see.
Hit your targets
We believe an independent trader can succeed and profit in the markets, and we’re committed to helping our subscribers trade well on the time frame that best suits them. We founded Trading On The Mark in 2008 to help traders overcome some of the challenges of market analysis and trade execution. If trading futures and options based on technical analysis appeals to you, then you’re the kind of trader we want to work with.TOTM’s technical approach is grounded in Elliott wave and Gann techniques, while also making use of Fibonacci relationships in price and time, historical cycles analysis, proprietary technical indicators, and other more esoteric methods.
What people say about TOTM
If you love trading, I highly recommend Tradingonthemark! Tom, Kurt offer great charts and other technical stuff. It has improved my trading! — Moiz, intraday trader and long-time subscriber