Daily Plan 12.12.23
Welcome back everyone!
Technology stocks experienced a significant turnaround after I disseminated an update on platform X, indicating that buyers were supporting the indices, even as technology stocks faced selling pressure. Subsequently, the technology sector rallied towards the end of the trading session, presenting an outstanding opportunity for capitalization.
The Nasdaq surged, reaching its target level after the market closed, while the E-mini S&P narrowly missed my projected level of 4690, which I had shared the previous night.
Gold experienced a sharp decline, dropping over 20 points and decisively breaking through my short target at 1996.
Oil prices remained strong throughout the session, consistently above my designated long level, and came very close to reaching the long target.
The technology sector witnessed intense selling pressure during the session, leading to significant movements in contracts once they fell below the short levels.
Overall, today was an extraordinary day, further enhanced by a crucial alert I sent out on platform X.
Looking ahead to tomorrow, the Consumer Price Index (CPI) report is due for release. It's important to ensure access to the rest of this plan to understand my insights for tomorrow's trading session.
For tomorrow's analysis, I will begin by examining the volume profile setup on the E-mini S&P. This analysis will provide valuable insights into market dynamics and potential strategies for the upcoming trading day.
Breaking Down the Profile
S&P500 (ES)
