Market Report Nov 03 2021

  • Post author:

Market Report for Nov 03 2021

Try to avoid the leverage trap.


Market Trend:
S&P 500 = Up
Nasdaq Composite = Up

Market YTD:
S&P 500 +23.3% YTD
Nasdaq Composite +21.4% YTD
Russell 2000 +19.5% YTD
Dow Jones Industrial Average +17.8% YTD

Market Volume:
NYSE Vol: 832 mln (Below)
Nasdaq Vol: 5/0 bln (Above)

New Swing Positions:
AUDUSD long twice. Both positions failed and total loss was 1.5R

All the indices set intraday highs and closing highs. That includes the Russell 2000 which was on our watchlist to breakout at some point from last weeks webinar.

ETHUSD made a new high yesterday and SOLUSD is up about 9% since our recent entry.

With the FOMC policy announcement today, we can begin our prekend.

Let’s go trade!