Don’t be afraid of high impact news days

All right, folks. So in the previous video we talked about the key levels there in a 30 year bond market and these levels that he are either created or are respected during times of high impact news. This one of course being the FOMC event as of this recording, so I showed you the bonds getting here getting long here at 151. Down here with a couple ticks, Ajit ran it up. At the time to 151 2525 ticks, we’ve been up as high as almost a full point half now the other trade I told you wanted to look at was the s&p and this was a nother level that we called out in the or I called out in the telegram room. Here as we got to 4255 right here at 4255. We came so the FOMC announcement was at one o’clock and you see took about 30 minutes or so to grind down here into this area. And then it just sprung off like a rocket as of this recording that trade is up 110 points that is about $5,500 per contract. On the E Mini s&p Of course you can trade the micros, trade spy SPX, there’s all kinds of leveraged ETFs, you could have traded as well traded futures options. And what I’m looking at next, for potential pot areas to pause, if we’ll go over to the Daily, I’m looking at this area at 4360 4360 as the as an area for the market to likely pause, up above that 4455. And then above that, we’re looking at 4520. Now though, these are levels off of the daily chart, and so watch and see how we react at these levels. If anybody’s long, this is where I would probably definitely look to be taking some profits. Now we’re still in a post post news situation. So the bowls could certainly just keep powering higher, but they could also reverse it overnight. It’s you know, it’s that’s why they call it a market bulls and bears always fighting for direction. But my point is, is that we do welcome news events. We welcome them with caution. Of course, as you know, trades can go either way, but we are able to identify key institutional levels before the fact before they happen and they happen every single day. So hope you join me on my next event on Thursday, March 24 at 2pm Eastern I’m a hyperlink to that registration page. If you have any questions, shoot me an email otherwise I look forward to seeing you there.