Started the session with a short on /ES @ 7:30pm 1/26/2025.
The position as of 1AM Monday the 27th. Weekly price momentum for /ES, /NQ, and /BTC is on hold mode.
The position at 2 AM. The Federal Open Market Committee (FOMC) rate anouncement is scheduled for January 29th. Discussions regarding tariffs are bearing influence on market volatility. (1/28/25 Edit: While this position was developing I was unaware that the announcement of AI startup DeepSeek rocked the tech sector.)
6AM /ES down almost 160 points. SPX will most certainly print a short at the session open. Previous alert here.