Below was the emailed update that went out to the Market Dimension Advisory subscribers. If you would like to have these updates sent to your inbox in real-time sign up for your FREE Subscription to the MDA trading community. These are quick snap shots of trading setups I see on a daily basis. I have trading signals on all markets and all time frames based on your risk/reward parameters. To learn more contact me directly
Update Emailed 10/22/15 8:32 am
Traders,
We have 2 setups for the MDA Snap Shot today Soybeans and E-Mini S&P. I have more levels on more markets and time frames so do not hesitate to speak to me directly on these. I only have time to show a few setups.
For the Soybeans, below you will see a setup on the hourly March Soybean chart. This move is looking for us to break through the support level that has been holding for the past few sessions. The goal will to try and capture a quick sell off and move back toward the 8.78 moving average on this chart.
For the E-Mini S&P, we have had a slightly bullish overnight and put in new lows in the last couple sessions. There is a line for us to definitely get short if we start moving back toward 2000.00, but I think we may get a slight bounce today similar to what I was looking for yesterday and try and challenge the 2030’s
Soybean Snap Shot 60min Chart:
E-Mini S&P Snap Shot 30 Min Chart:
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