Monday 30 September 2024

This Trade Setup Shows a 3.291 Profit Factor, and the Last Day of Q3

Join me at 9:15 a.m. ET for “Morning Monster”!
 
   
     

This Trade Setup Shows a 3.291 Profit Factor, and the Last Day of Q3
 
 
Today is the last trading day of the third quarter, and we have the election coming up in just over a month. Did you know that 87.5% of the time that the market is up in the three months before elections, the incumbent team stays in the White House?   

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: NXP Semiconductors (NXPI)  
 
 
This idea came directly from my Daily Chart Setup that automatically signals potential plays. 
 
NXPI is a new potential entry. Target: 265.48 Stop below: 219.1
NXPI has a historical win rate of 85.71%
NXPI has a profit factor of 3.291
NXPI trades last 28 trading days on average over 14 trades since 2010.

This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. Always remember that past performance is not indicative of future results.

You can find full details on exactly how this works by scrolling down further in this newsletter. 

Now be sure to join me live at 9:15 a.m. ET for “Morning Monster,” my market-open livestream on YouTube!

 
 
‘Morning Monster’ Is Starting NOW!
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!
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LIVE AT 11 AM ET: Why an Epic Melt-Up in Gold Is Inevitable  
 
 
Like I’ve been saying, gold is in the middle of a 13-year breakout
 
 
 

And with China’s BIG move to stimulate its economy… 

Many analysts are now calling for a sustained gold bull run that could last years.

While that’s probably true, once I’m live at 11 a.m. ET TODAY, Sept. 30, I'll show you exactly why I believe gold is set for an epic melt-up…

And I’ll share my No. 1 gold miner stock absolutely free — I’ll give you the stock, ticker and even my price target!

Obviously, I cannot promise future profits or shield against losses…

But by the end of today’s session, you’ll be armed with what I consider to be a more effective way to play this Gold breakout without doing the usual “buy and hold”

 
 
Just Go Here By 11 O’clock!
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How the Daily Chart Setup Works
 
Here’s a more detailed description of how the pattern triggers:
 
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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