TRADERSAI - A.I. Powered Model Trades for Today, TUE 07/16

In this Market, Earnings (Still) Matter (?)

Markets to continue to be driven by - or, appear to be - earnings related headlines. This is even more so in the absence of any major economic (barring the Retail Sales Advance release this morning, and Powell's speech in Paris later in the day) releases that upset the complacency on the street. 

As we wrote on Friday's outlook, let not your sense of "can this keep going up?" color your trading strategies - instead, focus on what "is" the dominant direction of the markets and and be on that side until something else evidently manifests itself.   

The chart shows the trading levels indicated by our models for today's session. For detailed trading plans, please check on our site.

NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) The results of these indicated trades would vary widely depending on the timeframe you use (1 minute, or 5 minute, or 15 minute or 60 minute etc), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#ES #ESMINI #SP500 #SPX #SPY #Fed #Powell #Rates #Earnings