4500 Looks Like A Reasonable Short Term Target

[] [View in browser]( [View in browser]( [] JULY 5 2023 [] [] GUY COHEN’S MARKET INSIGHTS Short Term Upside, But Volatility Is Still In The Cards Last week's market volatility, as expected, favored upward momentum. While further gains are possible, a notable pullback is imminent. A target of 4500 appears reasonable for the S&P, with the Nasdaq, Dow Jones, and IWM indicating potential to surpass recent highs. Our focus this week is on the bullish side, employing different Big Money Filter combinations in our TradeFinder software Here’s what my indicators are telling me about the major indexes: • S&P 500 - The SPX didn’t capitulate and 4500 looks like a reasonable short term target. • Nasdaq 100 - The QQQ looks like it will break recent highs too. • Russell 2000 - The IWM did hit friction around its 200-dma and duly bounced off it. It should break its June highs. • Dow Jones - The DIA ran into friction around its 50-dma as suggested, and duly bounced off that. It too should break its June highs. [Click here to continue reading…]( Follow the money, — Guy Cohen [] [] JEFFRY TURNMIRE A “Gap Down” Success Pattern I love patterns. If you’ve read enough of my updates or watched even just a handful of my videos, you’ll know I talk about them all the time. That’s because repeating patterns are like a cheat code for the markets. Once you discover one and confirm that it repeats with a particular level of certainty, you can build a successful strategy on top of that. One of my favorite patterns starts when a stock closes at a certain level. The next morning, if the stock “gaps down”, most traders would consider that a bad thing. And maybe for most tickers it is. But I’ve discovered one particular ticker that does something interesting. When it “gaps down” overnight, it’s got a very high likelihood of “filling the gap” right when the market opens. When I say “very high likelihood”, I’m talking 7 out of 10 times it fills the gap. That’s the kind of pattern I’ve been taking to the bank for over 18 months now. If that sounds like a pattern you’d like to learn to trade, I want to urge you to come to my live workshop tomorrow, Thursday, July 6th @ 1pm Eastern. I’ll show you how I’ve been trading this pattern with my own actual money and just how successful it’s been for me. [Click here to reserve your spot](. Hope you can make it, — Jeffry Turnmire P.S. You can always watch the replay, but if you can join me live, that’s always best — because I’m always up for answering your questions. [Reserve your spot here](. [] [] [] [] [] JULY 5 2023 [] [] GUY COHEN’S MARKET INSIGHTS Short Term Upside, But Volatility Is Still In The Cards Last week's market volatility, as expected, favored upward momentum. While further gains are possible, a notable pullback is imminent. A target of 4500 appears reasonable for the S&P, with the Nasdaq, Dow Jones, and IWM indicating potential to surpass recent highs. Our focus this week is on the bullish side, employing different Big Money Filter combinations in our TradeFinder software Here’s what my indicators are telling me about the major indexes: - S&P 500 - The SPX didn’t capitulate and 4500 looks like a reasonable short term target. - Nasdaq 100 - The QQQ looks like it will break recent highs too. - Russell 2000 - The IWM did hit friction around its 200-dma and duly bounced off it. It should break its June highs. - Dow Jones - The DIA ran into friction around its 50-dma as suggested, and duly bounced off that. It too should break its June highs. [Click here to continue reading…]( Follow the money, — Guy Cohen [] [] JEFFRY TURNMIRE A “Gap Down” Success Pattern I love patterns. If you’ve read enough of my updates or watched even just a handful of my videos, you’ll know I talk about them all the time. That’s because repeating patterns are like a cheat code for the markets. Once you discover one and confirm that it repeats with a particular level of certainty, you can build a successful strategy on top of that. One of my favorite patterns starts when a stock closes at a certain level. The next morning, if the stock “gaps down”, most traders would consider that a bad thing. And maybe for most tickers it is. But I’ve discovered one particular ticker that does something interesting. When it “gaps down” overnight, it’s got a very high likelihood of “filling the gap” right when the market opens. When I say “very high likelihood”, I’m talking 7 out of 10 times it fills the gap. That’s the kind of pattern I’ve been taking to the bank for over 18 months now. If that sounds like a pattern you’d like to learn to trade, I want to urge you to come to my live workshop tomorrow, Thursday, July 6th @ 1pm Eastern. I’ll show you how I’ve been trading this pattern with my own actual money and just how successful it’s been for me. [Click here to reserve your spot](. Hope you can make it, — Jeffry Turnmire P.S. You can always watch the replay, but if you can join me live, that’s always best — because I’m always up for answering your questions. [Reserve your spot here](. [] [] [] [] [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub]( [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub](