Jim Dalton Trading @daltontrading Twitter profile

Last Seen Profiles

@AbyDazai

@SergoTroy

@Ea5yM0neysniper

@IndieVisivelP

@glen_strode

@vanessafranko

@revuseni

@ByYourLogic

@EmpowerU42day

@oonomotohiro

@EdwMata

@rayanamukami

@aacahie

@toineupnext

@LisaFranci11727

@elfumancherito1

@kaiaaliyahprice

@thesecondellen

@soojpgs

@arisu1786258035

@captodayonline

@alaaabuspetani

@upsincejuly

@firiafir

@hot_cheeto_abq

@youtubespacetok

@icebearhww

@daneruwu

@Ms_Fanta70

@fran_FCB26

@AndriiKopach

@jamestoml1

@6eQYMUMKNKPbHyC

@Equipe1erDegre

@chrmosimann

@just_icyyy

Jim Dalton Trading

@daltontrading

2 years

In my 50 years of trading, I have never read so many negative mkt comments & opinions that the mkt has substantially more to go on the downside. While those comments may prove to be right, be aware that when the market is exceptionally short, we could have a short covering rally.

99

96

1K

Jim Dalton Trading

@daltontrading

3 years

4400 BOOM OR BUST - EXHAUSTION GAP? I have identified the current market as one of the 3 riskiest short-term in my 50 years of trading. 1987/2000/Today. See important details on graphic regarding monitoring for continuation. #ES_F #futures $SPY #JimDalton $ES_F

15

69

356

Jim Dalton Trading

@daltontrading

3 years

FRIDAY'S NEW ALL TIME HIGH WAS ONE OF THE POOREST QUALITY I HAVE SEEN. High quality would incorporate higher value, higher volume, and solid structure. Only higher value was present on Friday. See graphic. #ES_F #futures $spy

14

34

276

Jim Dalton Trading

@daltontrading

5 years

Hi everyone - just wanted to post an update on Jim. He is doing well in the rehabilitation area and although things can change, the doctors have given him an estimate that he may be able to go home in 3 weeks or so. Thank you all for your well wishes, thoughts, and prayers.

33

6

234

Jim Dalton Trading

@daltontrading

4 years

LESSONS FROM THE WEEK THAT WAS AND THE WEEK AHEAD. From The Biggest Bluff - "The more you learn, the harder it gets. The better you get, the worse you are-because the flaws that you wouldn't think of looking for are now visible and need to be addressed." #ES_F #Futures $spy

9

34

230

Jim Dalton Trading

@daltontrading

4 years

NO SHAME-There is no shame in sitting out a market that is unreadable. Overnight volatility reached 48% and is currently at 40%. In 1987, yes I was there, the market was off approximately 12% the week prior to the big break. Beware of simple fixes. #ES_F #Futures $spy

14

42

223

Jim Dalton Trading

@daltontrading

4 years

TO OPEN THE WEEK-Friday's structure, was one of the weakest I have experienced. Even with all trends pointing higher, I would not chase the upside unless Friday's range was retraced. Then I would only become involved if high confidence buyers surfaced. #ES_F #Futures $spy

17

48

221

Jim Dalton Trading

@daltontrading

3 years

RISK/REWARD-While all trends are up, this is the poorest risk/reward relationship I have experienced in a couple of years. This assessment is based upon continually deteriorating marker structure. #ES_F #Futures $spy

6

30

218

Jim Dalton Trading

@daltontrading

3 years

Will change be confirmed this wk? Last wk I identified the mkt as one of the 3 riskiest I have experienced. Included were 1987, 2000 & the current mkt. See graphic 4 expanded MGI #ES_F #futures $SPY #JimDalton $ES_F Learn at your own pace w/ our eCourse.

6

26

205

Jim Dalton Trading

@daltontrading

4 years

14-day directionless trade. No excess on either extreme. Apply balance trading guidelines. Go with any breakout relative to 14-day range. Fade any breakout that fails. Relax, let the market show us the way. #ES_F #futures $SPY #MarketProfile $ES_F

7

31

199

Jim Dalton Trading

@daltontrading

3 years

SOMETIMES MARKETS HAVE TO BREAK BEFORE THEY CAN RALLY TO NEW HIGHS. SEE GRAPHIC. Join our Live Market Profile Primer Course from July 14-22 #ES_F #futures $SPY #MarketProfile $ES_F

5

24

204

Jim Dalton Trading

@daltontrading

2 years

IMPORTANT WEEK AHEAD - There has been constant deterioration over the past 9 trading sessions. This is an important GO-NO-GO week. Details on graphic. #ES_F #FUTURES $SPY #MarketProfile

4

17

197

Jim Dalton Trading

@daltontrading

3 years

EXTREMELY TIGHT BALANCE-Extremely tight balance is often followed by an explosive market. Balance trading guidelines are applicable for the upcoming week. see #ES_F #Futures $spy

7

20

196

Jim Dalton Trading

@daltontrading

3 years

THE WEEK AHEAD-(CAUTION-I have a short position, which may affect my objectivity) Fri. closed weak following an upside breakout on Wed. evening. While there was a temp fix to the debt limit, uncertainty remains high-markets hate uncertainty. See graphic. #ES_F #futures $SPY $ES_F

8

24

195

Jim Dalton Trading

@daltontrading

4 years

TWO TOPICS-SPIKE RULES FOR MONDAY AND WHAT WE DON'T DO IS OFTEN MORE IMPORTANT THAN WHAT WE DO. I'm treating 3497 through the high as a spike. Spike trading guidelines. See graphic. #ES_F #Futures $spy

5

34

190

Jim Dalton Trading

@daltontrading

3 years

THE WEEK AHEAD-The most dangerous mkts. occur when mkts. aren't allowed to seek their natural level. Wed., Thur., and Thur. evening tested toward last Friday's low. Early Fri. selling was stopped as Janet Yellen encouraged more stimulus. cont. below. #ES_F #Futures $SPY

4

27

196

Jim Dalton Trading

@daltontrading

3 years

BEING PREPARED FOR A RANDOM BREAK-The latest rally, which began from 4365, lacks supporting structure relative to the rally. The odds of a random break are high (random doesn't mean it has to be on Monday). Spike guidelines are applicable for Monday. #ES_F #futures $SPY $ES_F

11

27

184

Jim Dalton Trading

@daltontrading

4 years

SIMILAR TRADING MESSAGE-Trade the market not your biases. Weekend discussions or anticipated adjustments to Friday's Non-Farm Payroll could roil the markets on Monday morning. GAPS-see graphic. #ES_F #Futures $spy

8

29

189

Jim Dalton Trading

@daltontrading

3 years

MGI (Market-generated information) Liquidation opened the week with short covering bringing the week to a close. The MGI weakness on Friday's rally presents us with high odds that Friday's range will be retraced early in the week. See graphic for detail. #es_f #futures $spy

9

27

186

Jim Dalton Trading

@daltontrading

2 years

SPIKE GUIDELINES for Monday morning. 1. The base of the spike is support. 2. Aggressive response-open above. 3. Negative response-open below. 4. Neutral response-open within.

8

25

167

Jim Dalton Trading

@daltontrading

4 years

THE WEEK AHEAD-Nuances can be telling. Friday's auction had the opportunity to complete an outside week to the downside. I only count it s an outside week if the settle is below the weekly low. The settle was above. See graphic below. #ES_F #Futures $spy

5

28

176

Jim Dalton Trading

@daltontrading

3 years

THE WEEK AHEAD-The wk opens w/ balance within balance.The msg delivered via balance is that the mkt is seeking new info prior to beginning its next directional auction.This is consistent w/ awaiting info on both the debt ceiling & pending spending bills. #ES_F #futures $SPY $ES_F

2

20

170

Jim Dalton Trading

@daltontrading

4 years

ELECTION-Leading up to the last election all the pundits said that a Trump victory would see the market a 1000 points lower-review the monthly bar chart below. An expensive lesson to all who listened. #ES_F #Futures $spy

5

26

172

Jim Dalton Trading

@daltontrading

3 years

THE TRADER WHO CRIED WOLF - SEE GRAPHIC FOR DETAILS & THE NEWEST SUPPORT LEVEL. Early bird discount & best pricing on the Foundation & Application of the Mkt Profile eCourse + Live Intensive Bundle valid until 8/15: #ES_F #futures $SPY #MarketProfile $ES_F

8

17

167

Jim Dalton Trading

@daltontrading

3 years

1987/2000/TODAY- These are the the 3 highest short-term risk periods I have experienced in over 50 yrs. See GRAPHIC for short-term references. Today is the last sale day for the Primer. Class starts on Wed July 14 #ES_F #futures $SPY #MarketProfile $ES_F

3

27

161

Jim Dalton Trading

@daltontrading

3 years

Odds are high that Monday will trade below Friday's low. See graphic for details. Webinar tomorrow @ 11AM EST-Register Here: Market Profile Primer Sale Ends 11/27 - #ES_F #futures $SPY #MarketProfile $ES_F

6

20

159

Jim Dalton Trading

@daltontrading

3 years

Casey Stengel said; "Most ball games are lost, not won." How many days have we lost because we doubled down. Because we knew more than the market. We focused on what we wanted rather than what the market was giving. Reflect for the New Year #ES_F #Futures $SPY

5

21

158

Jim Dalton Trading

@daltontrading

4 years

THE WEEK AHEAD AND WHERE DO I START IF I WANT TO TRADE OR TURN MY TRADING AROUND. Start with understanding why our intuition is so often wrong. Read The Brain, The Story of you and Incognito by David Eagleman. Our educational efforts- #ES_F #Futures $spy

1

24

162

Jim Dalton Trading

@daltontrading

4 years

EMOTIONAL LIQUIDATION-For nine sessions, beginning on 8-21, the market one time framed higher. It was all emotional, laggard momentum buyers. Thursday retraced 6 of those sessions with a traditional non linear break. Continued on graphic. #ES_F #Futures $spy

5

26

161

Jim Dalton Trading

@daltontrading

3 years

MONDAY MORNING'S BIG QUESTION-Friday's rally was carried out by the weakest hands traders. The late liquidation was clearly foreshadowed from the E period low through the remainder of the session. Was the late break anything more than liquidation. See graphic. #ES_F #futures $spy

8

18

155

Jim Dalton Trading

@daltontrading

2 years

Fierce support at the 3-month trading range low (4108-4110). The odds are that the support will fail. Friday's non excess low increases those odds. Wed. CPI is likely the most important economic release of the week. #ES_F #futures $SPY $ES_F

6

27

154

Jim Dalton Trading

@daltontrading

2 years

Both the long and short-term ES time frames are in short-term balance. The start of the week is likely to very informational. See graphic. #ES_F #futures $SPY $ES_F

4

18

156

Jim Dalton Trading

@daltontrading

4 years

3400 SUPPORT-The administration's well-timed announcement of a potential coronavirus treatment on Sunday evening propelled the market above the 3400 level. The base from which the upside breakout was launched remains questionable. See graphic. #ES_F #Futures $spy

1

22

155

Jim Dalton Trading

@daltontrading

2 years

EMOTIONAL RISK IS EXCEPTIONALLY HIGH-On Friday, emotional selling took over as PBS reported that Putin had made a decision. Emotional selling got the market very short. I have no idea of what the mkt will do; however, short covering can be painful. #ES_F #futures #SPY #PROFILE

10

23

152

Jim Dalton Trading

@daltontrading

2 years

Markets are anticipatory. While I think the markets are weak and within reach of the trading range low, short-term inventory has gotten very short over the last three sessions. Our biggest pain, usually arrives when we have only one thought.

7

23

149

Jim Dalton Trading

@daltontrading

3 years

FOUR SCENARIOS TO OPEN THE WEEK - click graphic for details. Market Profile Intensive starts on Sept 22. Course details and schedule are available here: #ES_F #futures $SPY #MarketProfile $ES_F

4

17

151

Jim Dalton Trading

@daltontrading

4 years

BALANCE-We ended the week with short-term balance. The message delivered by balance is that market seeks additional information prior to beginning its next directional auction. Balance trading guidelines are shown in the graphic below. #ES_F #Futures $spy

9

23

148

Jim Dalton Trading

@daltontrading

2 years

SHORT COVERING AND LONG LIQUIDATION Since the low on 5-23 we have seen short covering followed by long liquidation. See graphic. Momentum traders often mistake short covering for new buying. News is very negative with inventory very short. #futures $SPY #ES_F $ES_F

8

26

141

Jim Dalton Trading

@daltontrading

3 years

Complacency-Current traders have no fear. All auctions are up with a new ATH on Friday afternoon. The first sign of potential change would be a lack of upside follow-through on Sunday evening. Next would be unchanged to unchanged/lower value on Mon. #ES_F #Futures $spy

5

19

144

Jim Dalton Trading

@daltontrading

4 years

THE WEEK THAT WAS AND THE WEEK AHEAD - Last week culminated in a short covering rally, which was likely the result of naked or uncovered call writing. See graphic below. See details on our educational courses at: #ES_F #futures $SPY #MarketProfile $ES_F

0

15

138

Jim Dalton Trading

@daltontrading

3 years

Bulls are on the 1 yard line again. High long risk if they fail. What is the long opportunity if they score? See graphic. Don't miss a webinar or course announcement! Check out our Courses: #ES_F #futures $SPY #MarketProfile $ES_F

3

22

143

Jim Dalton Trading

@daltontrading

2 years

Tuesday's excess high marked, at least, a short-term directional change. This is likely to be a volatile week with summer trading, PCE on Friday, along with Chairman Powell addressing Jackson Hole on Friday. Important, review graphic. #ES_F #futures $SPY $ES_F

1

24

142

Jim Dalton Trading

@daltontrading

3 years

CONFUSED MKT-This is one of the most confused mkts I have experienced. Coming into Thursday short-term inventory was very short. Short inventory strengthens a mkt. As of Friday's close that situation was beginning to reverse.Confidence is low & confused. #ES_F #futures $SPY $ES_F

14

16

137

Jim Dalton Trading

@daltontrading

4 years

DID YOU BLAME WEDNESDAY'S BREAK ON A RANDOM TWEET-If you did, you don't know how to interpret market-generated information. If you are serious regarding trading, get started with us now. The attached graphic will highlight the important MGI from Wednesday. #ES_F #Futures $spy

8

28

138

Jim Dalton Trading

@daltontrading

4 years

BALANCED, BALANCED,BALANCED-As the graphic shows the market shows total balance. The two most important concepts we focus on are balance and excess. The balance guidelines are shown on the graphic. #ES_F #Futures $spy

2

21

136

Jim Dalton Trading

@daltontrading

2 years

MARKETS seldom go from bull to bear but rather from bull to trading range. The left edge of the range is often established via a nonlinear break. Click graphic. Market Profile Primer starts on next week on 12/1. #ES_F #futures $SPY #MarketProfile $ES_F

4

16

134

Jim Dalton Trading

@daltontrading

3 years

WAS FRIDAY'S HIGH A LASTING EXCESS HIGH? See deets on graphic for analysis. Early bird pricing for the Market Profile Primer ends TODAY at 11:59pm EST! Details here: #ES_F #futures $SPY $ES_F

6

14

133

Jim Dalton Trading

@daltontrading

3 years

THE WEEK AHEAD-4400 REMAINS IN PLAY. Traders do what works until it doesn't. Once again the break was bought. This time it was on sharply decreasing vol. Click graphic 4 details. Sale prices 4 Intensive end today: #ES_F #futures $SPY #MarketProfile $ES_F

3

19

132

Jim Dalton Trading

@daltontrading

4 years

THE WEEK AHEAD-Nancy Pelosi was on CNN with Jake Tapper. Stimulus is iffy, not totally dead. The Mkt. is balanced between approx. 3400 and 3470 as we enter the final week prior to the election. The graphic lays out potential scenarios to start the week. #ES_F #Futures $dxy

2

15

134

Jim Dalton Trading

@daltontrading

3 years

We start June w/ a 5-day balance 4173.50-4215.50 (last wk's range). Disclosure-I went home hedged short. When you have a position, the key is monitoring for continuation. Subscribe to our emails for new course & webinar announcements. #ES_F #futures $spy

2

15

129

Jim Dalton Trading

@daltontrading

2 years

Friday's late decline of 16.50 handles was due to extremely weak hands blindly buying a Christmas rally. Friday's late pullback low at 4714.75 is the short-term reference to start the weak. Failure to find acceptance back above 4714.75 targets the gap. #ES_F $SPY $ES_F #futures

9

12

129

Jim Dalton Trading

@daltontrading

4 years

DAY TRADERS BIGGEST MISTAKE-Day traders, very often, err by listening to fundamentals versus focusing on short-term inventory. Early inventory was exceptionally short from yesterday as well as from overnight trade. Markets take care of current business first. #ES_F #Futures $spy

5

21

128

Jim Dalton Trading

@daltontrading

2 years

THIS TOP IS NO DIFFERENT. Participation narrows - 5 tech stocks represent almost 40% of gain. Excess high established during RTH. FOMC minutes provide catalyst. Join us Wed @ 12pm EST for "MGI Embedded in the Close". Sign up: #ES_F #futures $SPY $ES_F

3

18

126

Jim Dalton Trading

@daltontrading

2 years

The combination of lows, over the past three trading sessions, highlights, exponential downside risk. See graphic. The next Intensive will introduce a new level of trading that further defines trader's attitude toward risk.

3

16

129

Jim Dalton Trading

@daltontrading

2 years

The final trading day of the month often introduces unexpected surprises. Spike guidelines are in play for Monday morning. Click graphic for details. The Intensive officially kicks off on Wednesday! #ES_F #futures $SPY $ES_F

2

15

128

Jim Dalton Trading

@daltontrading

4 years

MONDAY MORNING-Friday's late break was a liquidating break (as opposed to something more potent) as a result of weak inventory accumulation that began in G period on Thur. Stimulus talks are still alive and likely to keep volatility high. #ES_F #Futures $spy

3

13

125

Jim Dalton Trading

@daltontrading

4 years

PRE-MARKET UPDATE-Everything is a series of facts surrounded by other circumstances. The other circumstances include the last trading day of the month along with month end options expiration-tends to attract additional volatility. See graphic. #ES_F #Futures $spy

2

13

124

Jim Dalton Trading

@daltontrading

4 years

SEPTEMBER-I continually hear negative news regarding the market being overbought and September being the worst month of the year. Listen to market-generated information to remain objective. Refer to bar chart graphic. #ES_F #Futures #SPY

2

13

123

Jim Dalton Trading

@daltontrading

4 years

CHOP-The market has been opened for 30 minutes. Have you suffered from the early chop? Markets that open within the heart of the previous session usually exhibit early chop. This is often both financially and psychologically costly. Don't be to anxious. #ES_F #Futures $spy

2

13

125

Jim Dalton Trading

@daltontrading

3 years

THE WEEK AHEAD-The two most significant concepts we deal with are excess and balance. Last Sunday I wrote that the first sign of change would be no upside follow-through on Sunday evening. The 2nd concept is balance-see graphic for balance. #ES_F #Futures #spy

2

17

121

Jim Dalton Trading

@daltontrading

2 years

FRIDAY'S RALLY was exceptionally weak based upon structure and volume. Apply spike guidelines for Monday. See detailed graphic. $369 Sale for the Market Profile Primer ends TODAY at 11:59pm EST! Primer starts on 12/1 #ES_F #futures $SPY $ES_F

4

17

124

Jim Dalton Trading

@daltontrading

4 years

POTENTIAL CHANGE for the week ahead. Last week saw a pause relative to tech/remainder of the market. Big earnings week including TSLA, MSFT, AMZN, TWTR and much more. Can expectations be met. The following link is to our upcoming Primer #ES_F #Futures $spy

3

16

123

Jim Dalton Trading

@daltontrading

3 years

I remember a quote, "If at first you don't succeed, you're in great company". As you prepare for 2021 review and learn from last year's mistakes. I'm in the process; it's embarrassing. #ES_F #Futures $spy

3

8

119

Jim Dalton Trading

@daltontrading

4 years

EMOTIONS REIGN-Prior to the opening on Friday, Larry Kudlow, Director of the National Economic Council, said the Trade deal was almost done. Emotional buying was underway. On Sat. the representatives talked and agreed to stay in touch. Details? #ES_F #Futures $spy

1

23

122

Jim Dalton Trading

@daltontrading

5 years

THE WEEK AHEAD. All trends are higher with no completion (excess) relative to the all-time high. The volume and structure leading to the most recent all-time high do not make me comfortable. You want to respect trends: however, be alert to quick corrections. #ES_F #Futures $spy

7

26

120

Jim Dalton Trading

@daltontrading

4 years

THE WEEK AHEAD-Markets hate uncertainty, uncertainty is waning. We begin the week with balance within balance. There is no excess or auction completion at the Sept. high. Balance trading guidelines are applicable. See graphic for balance trading guidelines. #ES_F #Futures $spy

2

18

121

Jim Dalton Trading

@daltontrading

5 years

THE WEEK AHEAD-ON THE SPOT. Join us for our Monday webinar on Immersion Learning. We will cover why I think the odds are high that Friday saw, at least, a short-term excess high. See graphic below for other powerful topics and concepts. #ES_F #Futures $spy

6

23

121

Jim Dalton Trading

@daltontrading

2 years

Friday saw a buyer's strike creating a downside vacuum. This is the most uncertain mkt environment. The top of the spike at 4274.50 is resistance. Monday, focus on the spike guidelines. See graphic for more severe downside. #ES_F #futures $SPY $ES_F

1

18

119

Jim Dalton Trading

@daltontrading

5 years

THE WEEK AHEAD-We are likely to start the week lower as there was negative trade news over the weekend. Caution-very often, the longer a specific news item is around the lesser influence it has on the market. #ES_F #Futures $spy

4

19

116

Jim Dalton Trading

@daltontrading

3 years

NINE DAYS OF INDECISION - I see no immediate change. The structure above Friday's settle is equally poor when contrasted to the 9 day low. My short-term focus is on 4114-4140. Experienced Traders checkout our Advanced eCourse - #ES_F #futures $SPY $ES_F

5

19

115

Jim Dalton Trading

@daltontrading

4 years

THE WEEK AHEAD-Review last week's post for continuity. The graphic addresses our two most significant educational concepts, which signaled the late week break. Balance is with us as we prepare for the week ahead. Trade a breakout from the 2-day balance. #ES_F #Futures $spy

5

21

118

Jim Dalton Trading

@daltontrading

4 years

DIVORCED The market is divorced from the economy. Previously we have focused on fighting biases. Trade the market not your biases. To start the week we are focusing on Fridays spike, in other words, we are using market-generated info. See lower graphic #ES_F #Futures $spy

2

20

118

Jim Dalton Trading

@daltontrading

3 years

STIMULUS PASSES-NOW WHAT-Sometimes good economic news is positive for a market and at different phases it may have just the opposite effect. Don't outthink yourself, let market-generated information (MGI)provide the answer. See graphic. #ES_F #Futures #SPY

5

21

118

Jim Dalton Trading

@daltontrading

3 years

SMOLDERING-Undergoing slow or suppressed combustion. Excess is an explosive concept of MGI (market-generated info). Two back-to-back non-excess highs from 3-21 and 22 ignited on Fri. afternoon. Smoldering continues on the downside with non-excess lows. #ES_F #Futures $spy

4

19

114

Jim Dalton Trading

@daltontrading

4 years

THE POWER OF MARKET-GENERATED INFORMATION AND THE WEEK AHEAD. Beginning with a weak low on Tuesday morning and throughout the remainder of the week, including overnight trade on Thursday, the underlying market structure handicapped Friday's collapse. #ES_F #Futures $spy

5

13

115

Jim Dalton Trading

@daltontrading

4 years

Once again an overnight all-time high failed to last. While Monday represented an upside breakout and a new all-time high. The lack of robustness failed to convince me that the breakout is solid. See comments on Graphic. #ES_F #Futures $spy

5

9

114

Jim Dalton Trading

@daltontrading

5 years

WED. EVENING. The market appears to be dangerously short. This statement is based upon the failure of the POC to migrate lower on Wed. afternoon. See explanation in attached graphic. The odds are that the market needs to rally to adj. inventory. (only odds). #ES_F #Futrures $spy

6

19

113

Jim Dalton Trading

@daltontrading

2 years

STRONGEST PRICE-WEAKEST STRUCTURE-Friday's (preholiday) combination of very strong price and exceptionally weak structure sent me home neutral. I have no short-term opinion. Too often we feel compelled to have an opinion or our basis is controlling us. #FUTUTES $SPY #ES_F $ES_F

3

10

112

Jim Dalton Trading

@daltontrading

3 years

FOMC MENTAL PREP. I think the odds for high volatility are present. Tuesday's high is weak (within a single tick of Monday's high) with Monday's low being poor (no excess). In other words, no completion at either end of the two-day range. #ES_F #Futures $spy

4

18

116

Jim Dalton Trading

@daltontrading

3 years

THE TRADE-OFF BETWEEN TIMING AND RISK. SPIKE GUIDELINES ARE IN PLAY AGAIN THIS WEEK. SEE GRAPHIC. Market Profile Primer sale price ends TODAY. Class starts July 14 #ES_F #futures $SPY #MarketProfile $ES_F

4

17

117

Jim Dalton Trading

@daltontrading

3 years

BE MENTALLY PREPARED for both patience OR bold action depending on what the market presents. Balance is one of the two most important concepts we address. Live Market Profile Primer Course starts on December 1! #ES_F #futures $SPY #MarketProfile $ES_F

5

18

115

Jim Dalton Trading

@daltontrading

3 years

THE WEEK AHEAD-Following the last upside breakout, on 2-5, the market has failed to demonstrate any meaningful upside follow-through. It seldom pays to lean into the wind; however, being mentally prepared, should a break occur, is what trading is about. #ES_F #Futures $spy

2

9

111

Jim Dalton Trading

@daltontrading

2 years

According to a Bank of America survey, 71% of investors expect a weaker economy over the next 12 months—the highest share on record. Plus, 64% think the S&P will drop 10% before it tops 5,000 points. Shorts should be aware, you are not alone. #ES_F #Futures $SPY $ES_F

7

16

114

Jim Dalton Trading

@daltontrading

4 years

TWO TOPICS: THE WEEK AHEAD & SERIOUS TRADERS - The graphic below lays out my early focus for the week ahead. The odds are high that this is an important week. Our early bird pricing for the Oct Intensive & limited time bundles ends tomorrow.

2

9

112

Jim Dalton Trading

@daltontrading

2 years

The uncertainty created by inventory imbalances. Currently, all trends are down. When too many make the same assessment, markets can get ahead of themselves. The odds of inventory rebalance are high. You never know the starting point. #ES_F #Futures $SPY

7

15

110

Jim Dalton Trading

@daltontrading

5 years

The week ahead-Last week we wrote that the odds of trading lower were high. This week our focus is on downside continuation or rejection-see graphic below. #ES_F #Futures $spy

5

17

109

Jim Dalton Trading

@daltontrading

3 years

All trends remain up with weak structure above 4200 - any meaningful giveback would find acceptance below 4100. Friday was an inside day. Early Bird price for the Live Market Profile Primer Course ends today! #ES_F #futures $SPY #MarketProfile $ES_F

3

18

107

Jim Dalton Trading

@daltontrading

3 years

CONTRADICTONS - There are as many directional contradictions as I can recall. See graphic for clarification and scenarios for Monday. Our Fall Intensive officially starts this Wed, September 22 - details here: #ES_F #futures $SPY #MarketProfile $ES_F

2

13

105

Jim Dalton Trading

@daltontrading

3 years

SHORT COVERING? EXCESS HIGH. The P formation often signifies short covering. Sometimes markets have to rally before they can break. Inspect graphic. #ES_F #Futures $spy

9

12

107

Jim Dalton Trading

@daltontrading

4 years

CONTINUATION-Coming into Friday the market was showing structural weakness (see prior posts). Last night's post pointed out that any giveback usually happens on the 2nd day following an upward trend day. #ES_F #Futures $spy See graphic below.

3

11

105

Jim Dalton Trading

@daltontrading

2 years

We are trying something new! Check out Episode 1 of "The Week Ahead" on youtube. We would love your feedback on this format. Fall Intensive starts on this week on Wednesday Oct 5 - #ES_F #futures $SPY $ES_F

The Week Ahead - Episode 1

Episode 1

www.youtube.com

17

14

106

Jim Dalton Trading

@daltontrading

5 years

TUE. 7-16. Two back to back poor lows increases the odds that the market will trade lower. Taking out just one of those lows releases some of the pressure. Remember, we are talking odds not absolutes. #ES_F #Futures $spy

5

13

103

Jim Dalton Trading

@daltontrading

5 years

Last week we wrote that the potential for a high existed-that worked out. This week our focus is on the 2900 level-see graphic and thinking attached. For serious traders see our educational special. #es_f #Futures $spy

9

19

103

Jim Dalton Trading

@daltontrading

5 years

THE WEEK AHEAD-Enrico Fermi who created the first nuclear reactor beneath the University of Chicago football field stressed that how you think was more important than detailed prior knowledge. Traders are always stressing for detailed references. See graphic #ES_F #Futures $spy

8

26

100

Jim Dalton Trading

@daltontrading

4 years

THE WEEK AHEAD-Friday's market was soft; however, there was no indication of anything other than liquidation. Yes, the marker remain overextended but there is no indication of upward completion or excess. See graphic #ES_F #Futures $spy

2

20

101

Jim Dalton Trading

@daltontrading

5 years

SUNDAY EVENING-gaps are an indication of emotional trading. 3 lower gaps are excessive. Sunday evening represents gap 4. Don't step in front of emotional selling. At the same time recognize the potential danger of being short. #ES_F #Futures $spy

2

25

99

Jim Dalton Trading

@daltontrading

3 years

THE BIG SPIN-Visualize a coin spinning - as time goes on, the spin becomes less & less until the coin lies flat. Click to see details in graphic. Subscribe so you don't miss the Fall Intensive announcement coming soon! #ES_F #futures $SPY #JimDalton $ES_F

7

10

101

Jim Dalton Trading

@daltontrading

4 years

EXTREMELY LOW CONFIDENCE-Thoughts expressed within graphic. Our next Intensive begins on Oct. 14th. Oct. 5th, for those registered, begins daily reports and Live Market Comments-great review and preparation. Our educational programs can be viewed at

3

10

102

Jim Dalton Trading

@daltontrading

5 years

WEEKEND UPDATE-The market has one timeframed higher for the past seven days with aggressive acceleration to start the second quarter. Fighting momentum is very costly. Overstaying a momentum rally can be equally costly. #ES_F #Futures $spy

6

17

100

Jim Dalton Trading

@daltontrading

4 years

OBSERVATION-Monday evening's break was very emotional as communicated by the thin structure of the Profile. When price returns to that area there is no backing and filling to slow it down. This continues to be a low confidence environment. Learn to observe. #ES_F #Futures $spy

2

14

100