Brace for Impact:
This Week's Volatile Market Ride
Traders time to strap in !!
This week promises to be a roller coaster in the markets, teeming with major news events that could sway the tides. To my newer followers, when I mention 'red tag events,' I'm referring to news events of high significance – the kind that can whip up volatility like a chef beats egg whites into a frenzy. These are the market movers, the game changers.
For a bird's eye view of these events, I often turn to ForexFactory.com. They do a fantastic job categorizing news by its market impact, using color codes. Red tags? Those are your high-alert, market-shifting events. And this week is littered with them – from pre-market to mid-market – each carrying the potential to jolt the markets.
Now, let's add another ingredient to our volatile mix – the rollover. Recently, we saw a 50-point gap to the upside, with the spread in volume between the December and March contracts for the E-Mini - ES futures. This rollover combined with the insane amount of news this week can be a game-changer in how we approach the markets.
What does all this mean for us traders? It means agility is key. This week, your ability to pivot and adapt swiftly to market shifts will be your golden ticket. And remember, amidst this swirling market storm, sizing your trades correctly to match the market's temperament is crucial.
I'm dropping a link to Forex Factory here for your convenience, but I've also summarized the critical news for the rest of the week below. It's shaping up to be a maelstrom of news and volatility, a perfect storm, if you will. From our staggering 7-week rally that's made the market seem invincible to that significant rollover gap, cooling inflation speculations, and an impending rate decision from Fed Chairman Jerome Powell tomorrow afternoon – excitement is an understatement for what's ahead.
Stay tuned to our Morning Insights for a strategic prep on the S&P Futures, helping you navigate through these tumultuous times. This pre-Christmas rally period is shaping up to be nothing short of fascinating, and I can't wait to see all the success stories that emerge from it.
Here's to conquering the markets in these vibrant times,
Ryan Bailey
Founder / CEO
Wednesday Dec 13th
Thursday December 14th:
Friday December 15th:
