Monday, Tuesday and Wednesday:

​I expect Monday Tuesday and Wednesday to contain very similar price action to each other. I expect Monday to lead to a rally to the upside to 438 to fill the gap at 438.43. you either will get a strong rejection of this level to the downside or markets will consolidate for the day up at the level and not break it. For Tuesday I expect the markets to consolidate or have a big decline back down to 430. This range will set the stage for Wednesday witch will confirm if we are in a range or not. Wednesday may be a little choppy because Powell speaks at 4pm on Thursday and there is big economic data on Thursday and Friday.

Thursday and Friday:

​If Monday, Tuesday and Wednesday play out the way I think, Thursday and Friday should a little crazy. I think Thursday afternoon I expect to get a sell off before market close between 2pm to 4pm. The reason being that FED Powell is speaking after market close on Thursday and based on his rhetoric at FOMC I am guessing he will shit the bed again. On Friday considering there is PCE, Consumer Sentiment and Powells words from his speech on Thursday will lead to a massive sell off that will trigger panic in the market or you will get consolidation. I don’t believe that this week there will be upside past 438. It will be either consolidation or a sell off.

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Weekly Outlook 9/11 to 9/15

9/11 and 9/12:

​There is no major market news being reported on Monday or Tuesday. The big thing to keep in mind for Monday and Tuesday is it might be a bit choppy due to CPI and PPI being Wednesday and Thursday. If the markets stop to chop I would expect them to chop from 443.34 to 446.28. this range has multiple high timeframe Fibonacci and supply/demand levels. Keep in mind that SPY is in a symmetrical triangle pattern being that price could break to either side.

9/13 to 9/15:

​On Wednesday there is CPI being reported. Is the numbers come back hotter than expected you could see a major decline within the markets. If the numbers come in as expected or better than a rate hike pause will be likely. On Thursday there is PPI before market open and could another day that you get some volatility. Same thing applies for PPI, if numbers comeback as expected or better than you will see a rally in the markets and if the numbers come in hot you will see a possible pull back depending on how the CPI data came out. On Friday there is no major market news but be careful of people liquidating there positions before the weekend.

Watchlist for this week:

Ford(F)

​Ford has been ranging for the last year and a half and is finally breaking out of the demand zone again. It closed Friday at 12.30 breaking the major resistance zone of 12.27. if F continues in a bullish direction then look for 12.79 and 13.00 as price targets for this week. If F goes back down look to find support at 12.00. currently I as a percentage of my total swing trade portfolio I have %50 of it in ford at the moment. If price moves to 12.79 and 13.00 this week I am looking to sell 25 to 50 percent of my position.

AMD:

​AMD is looking very good. As I am taking profits on F I plan on moving those profits over to AMD and slowly plan on starting to build a position. If AMD cracks this bull flag then I plan on buying good amount of stock. If AMD moves sharply lower to the lower limits of the bull flag then I will also take stake in the company.

Demand:

Supply:

Support:

Resistance:

Demand:

Supply:

FIB Zones/resistance:

FIB Zones/support

Swap Zones:

Levels:

Demand:

Supply:

Reversal Zones for demand zone one:

Reversal Zones for supply zone one:

Reversal Zones for supply level three:

Market News:

Trade Plan:

​So far futures are trending upwards of 100 points meaning that more than likely we will have a trending day to the upside. If this is the case use your FIB Trending Strategy and enter a position on the first pull back. If markets start to chop stay out of the markets. If markets hit a supply or demand level and your in position of that supply an demand level get out of the trade and wait for trend to turn and enter using your FIB Trending Strategy. There is no economic news today meaning today should be a trending day.

Risk Plan:

​Do not trade more than 1 contract. The max you can lose today is $35. If you lose $35 or more do not continue trading. Use a stop loss of .35. do not take more than two trades.