Market Report Sep 16 2021

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Market Report for Sep 16 2021

Attitude = Outcome

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

Market YTD:
S&P 500 +19.3% YTD
Nasdaq Composite +17.6% YTD
Dow Jones Industrial Average +13.8% YTD
Russell 2000 +13.1% YTD

Market Volume:
NYSE Vol: 962 mln (Above)
Nasdaq Vol: 4.4 bln (Above)

New Swing Positions:
EURUSD @1.1815 Still open
GBPUSD @1.3829 Partial Profit and STEP @1.3851

Comments:
Wednesday was a bullish day with slightly more than the average volume. This gave us potential reasoning for new opportunities. Energy was the leader and all sectors were positive except Utilities which was the only one to close negative.

ELY was our big gainer while BLI exited with a loss after a gap down triggered our recently entered stop.

FX was very quiet across the spectrum. Although our EURUSD position remained open overnight.

We can start to look for new trading opportunities once again.

Let’s go trade!