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Today’s TBUZ TV Join toda's Train and Trade at 11am ET! Link https://dtitrader.com/live "I LOVE the SUNRISE trade service. Thanks for everything that Talk and Trade provides. It gives me the biggest bang for my bucks of any service out there." ~ Bob Share your thoughts with us by clicking here 🚨 The “1205 Indicator” 🚨 Every day at 12:05 PM ET, something strange happens… SPY, QQQ, IWM, GLD & USO often start to move with purpose. No guessing headlines. No chasing the news. Just a clean setup based on real-time action in the most liquid names out there. Tom’s been trading this pattern for years—and it’s still one of his most consistent. 💥 Click here to check it out while it’s still live Market Editorial - Chuck Crow The Start of this Week The open of the week is 6223.25. ES futures have already traded above last week’s high as the market looks to capitalize on the positive gains in June. On Tuesday the market will open the new month of July. This is a short week with the holiday on Friday. In addition, markets will be trading in a half day on Thursday. The trading calendar will be confusing in the latter half of the week, but the first part of the week is simple. On Monday, close June, and on Tuesday, open July. This Week’s Stock to look at: Constellation Brands, Inc (STZ) is the only stock reporting this week. Last week’s high for this stock was 165.32 from June 24. The low from the week was Friday’s 159.80. If the stock has a good report on Tuesday, it may break trend and start moving back up.towards 170.00 or higher. Last Week’s Stocks WBA rallied to 11.47 on Friday. Still below the resistance at 11.48, but the stock is moving higher. Last week’s low at 11.27 represents support, and possible risk, if the market is able to break higher. CSCO on Friday made a higher high again at 69.22 this time, but also traded below Thursday’s low at 68.42 down to 68.34. For the first time in two week’s CSCO has shown a flaw in the upward trend. Look for support at that 68.34 low and also at Wednesday’s low at 67.78. SMCI continued to trend higher up to Friday’s high at 49.97. Friday’s low was 46.86, and that now becomes the risk for this stock. Follow along and join the conversation for real-time analysis, trade ideas, market insights and more! Telegram: https://dtitrader.com/telegram YouTube: https://dtitrader.com/youtube Important Note: No one from the DTI Trader team or Tom Busby will ever contact you directly on Telegram. *This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. |
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