S&P 500 Bulls Taking No Prisoners

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S&P 500 proceeded without looking back, and the improvement in advance-decline line approaching 2000 is but one illustration. Having counted on some modest momentum continuation, I‘m glad I brought you fifth profitable intraday ES call in a row.

Today‘s analysis will be very brief, and I would cover stocks and other markets too on Twitter live, before and throughout FOMC.

Keep enjoying the lively Twitter feed via keeping my tab open at all times (notifications on aren’t enough) – combine with Telegram that always delivers my extra intraday calls (head off to Twitter to talk to me there), but getting the key daily analytics right into your mailbox is the bedrock.

So, make sure you‘re signed up for the free newsletter and make use of both Twitter and Telegram – benefit and find out why I’m the most blocked market analyst and trader on Twitter.

Let‘s move right into the charts (all courtesy of www.stockcharts.com) – today‘s full scale article contains 5 of them.

S&P 500 and Nasdaq Outlook

S&P 500

With PPI underperforming, the bets on Jun no hike Fed got clearer than after yesterday‘s CPI. Backing and filling around 4,410 in Sep ES contract is most likely – I‘ll keep updating you live on the moves throughout the day.

market breadth

Best visual manifestation of broadening breadth that won‘t be likely broken very fast. Cautious about FOMC hawkish language turbulence – I‘ll again be updating you live.

Thank you for having read today‘s free analysis, which is a small part of my site‘s daily premium Monica’s Trading Signals covering all the markets you’re used to (stocks, bonds, gold, silver, miners, oil, copper, cryptos), and of the daily premium Monica’s Stock Signals presenting stocks and bonds only. Both publications feature real-time trade calls and intraday updates.

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Turn notifications on, and have my Twitter profile (tweets only) opened in a fresh tab so as not to miss a thing – such as extra intraday opportunities. Thanks for all your support that makes this great ride possible!

Thank you,

Monica Kingsley

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All essays, research and information represent analyses and opinions of Monica Kingsley that are based on available and latest data. Despite careful research and best efforts, it may prove wrong and be subject to change with or without notice.

Monica Kingsley does not guarantee the accuracy or thoroughness of the data or information reported. Her content serves educational purposes and should not be relied upon as advice or construed as providing recommendations of any kind.

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Investing, trading and speculating in financial markets may involve high risk of loss. Monica Kingsley may have a short or long position in any securities, including those mentioned in her writings, and may make additional purchases and/or sales of those securities without notice.