S&P 500 buyers didn‘t allow a drop to 5,715 yesterday – financials, staples and discretionaries had still a fine day, balancing out talked semiconductors and utilities weakness as the AI trade is being dialed back, in trouble (check MSFT), covered alongside much else in yesterday‘s first video, and contrasted with TSLA bullish call made 6 days ago and S&P 500 late session turns in the second video.

Today‘s setup before core PCE (forget not revised UoM consumer sentiment) together with volatility, options and weekly ES perspectives, I covered in latest long video – make sure you‘re subscribed to the channel with notifications on! Deep dive into conflicting signs, providing a way how to play it with swing trading clients willing to try out a tight stop-loss long. Intraday ones have plenty to get inspired from such as pessimistic clues from yesterday‘s close – did such fears get validated on higher than expected core PCE?

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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. Futures, stocks and options are financial instruments not suitable for every investor. Please be advised that you invest at your own risk. Monica Kingsley is not a Registered Securities Advisor. By reading her writings, you agree that she will not be held responsible or liable for any decisions you make. 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.

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