The Market News To Get You Ready... (12/11/23)

Let me get you ready so that you can kill it this week…

First of all, I hope you made a lot of profits last week.

Let’s begin with the BEST information to get you started.

Technical analysis suggests that the market could be poised for a bounce in the coming week.

• The SPY has been in a strong bullish trend for the last week, as it closed above its 20-day exponential moving average. It experienced high buying pressure, as indicated by the positive MACD oscillator and the high relative strength index. The outlook for the next week is also optimistic. The support level for SPY is at $450.00. If SPY falls below this level, it may signal a reversal of the trend and a possible downtrend.

• The QQQ has been in a strong bullish trend for the last week. It experienced slight buying pressure. The outlook for the next week is also optimistic, as indicated by the positive MACD oscillator and the high relative strength index. The support level for QQQ is at $420.00.  If QQQ falls below this level, it may signal a reversal of the trend and a possible downtrend.

Let's take a look at the ECONOMIC REPORTS, EARNINGS REPORTS for this week:

Earnings Reports (12/11/23 - 12/15/23)

Now that you have almost everything to get you ready… I have something to tell you.

I want YOU to combine all this information with the proper strategies and a real-time mentorship that will make you a profitable trader once and for all…

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Check out the BullTradeFinder VIP Discord Group.

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Cheering for you,

BullTradeFinder.

Disclaimer: This newsletter is not trading or investment advice but for general informational purposes only. This newsletter represents my personal opinions which I am sharing publicly as my personal blog. Futures, stocks, bonds trading of any kind involves a lot of risk. No guarantee of any profit whatsoever is made. In fact, you may lose everything you have. We guarantee no profit whatsoever, You assume the entire cost and risk of any trading or investing activities you choose to undertake. You are solely responsible for making your own investment decisions. Owners/authors of this newsletter, its representatives, its principals, its moderators and its members, are NOT registered as securities broker-dealers or investment advisors either with the U.S. Securities and Exchange Commission, CFTC or with any other securities/regulatory authority. Consult with a registered investment advisor, broker-dealer, and/or financial advisor. Reading and using this newsletter or any of my publications, you are agreeing to these terms. Any screenshots used here are the courtesy of TradingView. The data, quotes and information used in this blog is from publicly available sources and could be outdated or outright wrong - I do not guarantee accuracy of this information.