142: This Week in the S&P500: False Breakout
Description
In this episode of Stock Market Option Trading, host Eric O'Rourke breaks down last week's failed SPX breakout and the sharp sell-off on Friday 📉. He recaps key economic events, including FOMC minutes 🏦, jobless claims 📊, and PMI data 📉, and discusses what to watch for this week, such as GDP 📈, jobless claims 💼, and core PCE 💵.
🔥 Options Flow Insights: Eric dives into recent bearish options activity, key market levels, and how Alpha Crunching's trade setups are adjusting to the current conditions.
🚀 Trading Automation Update: Exciting news! Eric shares details on a new automation tool 🤖 he's testing to streamline mechanical trading strategies—making trading more efficient and less time-consuming. Something he will be sharing in the Alpha Traders Club group.
💡 Tune in now for:
✅ A full market recap 📰
✅ Key trade ideas for the week 📊
✅ The future of automated trading 🤖
👉 Listen now and stay ahead of the market! 🎧
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Eric O'Rourke: https://twitter.com/OptionAssassin
After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.
Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.
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