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Monday’s Trade Idea Could Get Your Motor Running, and Will a Rate Cut Provide Direction? Between the end of the quarter, the rate cut potential, the quad witching options expiration, the election noise and everything else, do you think a rate cut will provide this market direction this week? Come join me as we dive in and see what is moving! Plus, as always, we have stocks popping and dropping so come find out what is moving this morning as I look for stocks and do some live pre-market analysis on SPX, SPY, NDX, QQQ, Russell, IWM, and other stocks that are potential plays for the day. Today’s Daily Chart Setup This idea came directly from my Daily Chart Setup that automatically signals potential plays. You can find full details on exactly how this works by scrolling down further in this newsletter. Keep in mind that this is for informational and educational purposes only. Trade at your own risk. Standard Motor Products (SMP)
Always remember that past performance is not indicative of future results — anything can happen in trading! Now be sure to join me live at 9:15 a.m. ET for “Morning Monster,” my market-open livestream on YouTube! I’m also live at 5 p.m. ET on Tuesdays for “30 Minutes of Awesome” — bring your ticker and I’ll analyze it in real time! And please hit that Subscribe button on my YouTube page! You see… The Fed Chair’s anticipated rate cut might signal the Fed’s acknowledgement of economic weakness… provoking a market collapse. Meanwhile, investors and traders expecting a cut could start selling BIG TIME if the cut size disappoints… or if it confirms recession fears… leading to significant volatility. That’s why I’m hosting a special Flash Crash Briefing with fellow trader Roger Scott at 1 p.m. ET on Tuesday, Sept. 17. We’re going to discuss:
Of course, we can never guarantee gains or prevent losses… But we’re both expecting a palpable reaction to the Fed’s announcement And you’ll get all our picks FREE just for attending… How the Daily Chart Setup Works 1. The price breaks upward through the orange Market Roadmap Line. 2. Then the price goes up and down while staying above the line. Eventually, it comes down to touch the line again — this could take days, weeks or even months. 3. Once it touches the line and starts moving back up, that signals an entry. I use Fibonacci levels for for profit targets and stop losses, and these two tools combined have helped me achieve a 77% win rate over the past six-plus years! You can grab my Market Roadmap Indicator here for just $5 — less than a cup of coffee at most places! Jeffry Turnmire Jeffry Turnmire Trading I host my “Morning Monster” livestream at 9:15 a.m. ET each weekday on YouTube, and then “30 Minutes of Awesome” at 5 p.m. ET each Tuesday! Please check out my channel and hit that Subscribe button! I’m just a regular dude in Knoxville, Tennessee: a husband, father, civil engineer, urban farmer, maker and trader. I've been at this trading thing with real money for 20-plus years, and started paper trading over 35 years ago. I have a knack for making some epic predictions that just may very well come true. Why share them? Because I like helping other people — it's the Eagle Scout in me. *This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. |
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ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Jeffry Turnmire Trading provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. Unsubscribe |
Join THIS FREE, LIVE briefing on Nov. 6th to navigate the post-election market. Are you ready for the elec...
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