HIT! Low of Day + Close

What a day we got the High of the day.

The Low of the day and the close.

The close today highlighted the value of the paid subscription service in understanding market developments, particularly for S&P 500 E-mini Futures trading on Fridays.

Created with TradingView

Based on the chart, we can see how the market behaved in line with the analysis provided to paid subscribers:

1. The low point at around 1:20 PM, as mentioned, indeed appears to have been a good entry point for a recovery.

2. The market showed another recovery trend after 2:30 PM, aligning with the observation that stronger recoveries by this time tend to indicate a higher probability of continued upward movement.

3. The 84.21% win rate for trades entered after 2 PM on Fridays is particularly relevant here, as the market did continue its upward trajectory following that time.

4. The chart demonstrates the importance of timely execution, as entering at 2:45 PM would have captured much of the upward movement.

5. The gradual tapering of momentum towards the end of the session aligns with the note about time decay affecting the strategy’s effectiveness, reducing the win rate to 63.83% as the day progresses.

Additionally, the market ended up closing off its hourly high between 3 PM to 4 PM. We were anticipating that…

• The market is most likely to experience a slight further decline or move sideways.

• The estimated range is between -0.2% to 0% from the of the email.

• In terms of points, this translates to a movement between -11 to +11 points from the current price.

Paid subscribers who received this analysis would have been well-positioned to:

1. Anticipate the potential for a recovery based on the 1:20 PM low.

2. Understood 2 PM to capitalize on the high win rate.

3. Took profits as the time decay and recovery correlations were getting lower.

4. Continuously reassess their positions as the trading session progressed.

This example underscores the value in providing timely, data-driven insights that can significantly enhance trading decisions, especially for those looking to capitalize on specific market patterns like Friday afternoon movements in S&P 500 E-mini Futures. 

TGIF,