Swing Trades DAX/DOW/NQ/GOLD

Target hit and closed

ES closing its TPO GAP
Closed +4.25p.
TPO GAP closed

MNQ Long 598
T1 +6p 2 lot.
2 Left SL -6p

T2 +19/20p 1 lot. 1 left. SL BE
Target 650/660 zone
MNQ closed +43/44p last lot

MES Long 4 lot

Closed +5.5p 4 lot
at WR1

The Russell 2000 small-cap index, which has struggled to find its footing all year, jumped more than 3% on Thursday. At the same time, every stock in the so-called Magnificent Seven fell, including a more than 5% decline for Nvidia and a 2.3% drop for Apple, which dragged down both the S&P 500 and Nasdaq Composite

This was the day where investors are starting to rotate out of the Magnificent Seven into the rest of the market.

ES Mini short 1 lot from WR2. Reached ATH again
Closed +7.25p

MNQ Short
Closed +24<<>26p 4 lot

Short again

ES Mini closed +2.25p

MES Micro
T1 +4p 3 lot
1 left SL BE

MNQ T1 +11/12p 3 lot
1 left SL BE
Closed +10p

MYM/DOW Long 40.389 last 2 lot

YM/DOW Mini long 40.390
Closed +32p 1 lot

MES/SnP Long 5682 last 2 lot

T2 +6.5p 1 lot
1 left/Closed +5.5p

ES/SnP Long 1 lot 5681
Closed +5.5p

Investor attention is shifting to second-quarter earnings reports, which could be the catalyst to extend the market’s rally to new records this year. The blue-chip Dow just hit a fresh all-time high above 40,000 Friday, bringing its 2024 gains to 6.1%. The S&P 500 has jumped 18% in 2024 to a new record, powered by technology giants. More than 40 S&P 500 companies report second-quarter earnings this week.

Goldman Sachs is set to report numbers before the bell on Monday, while Morgan Stanley and Bank of America will post results Tuesday. Johnson & Johnson, United Airlines and Netflix will also release earnings during the week.

800 rejection on the tick/Reverse trade
Singles covering

T1 +38<>42p 9 lot.
1 left
Closed +58/59p last lot

MES Short/Reverse trade
T1 +9p 3 lot.
1 Left.
Closed +8p last lot

If Donald Trump were to become U.S. president again, there could be “profound implications” for the euro area’s economy, according to Goldman Sachs economists.

The euro zone’s gross domestic product could take a hit, while inflation could increase, they said in a research note.

Trade policy uncertainty, added defense and security pressures, and spillover effects from U.S. domestic policies could affect Europe, the economists said.

Much Vola on the horizon

YM Mini short 41255 2 lot.
To first little TPO GAP
YM closed +52p last lot at 200 zone

MYM still 4 shorts running for GAP close
T2 +105p 2 lot.
2 left for 40.750 long term target/SL BE

MNQ Short re entry
T1 +11/12p 2 lot.
1 left At DS1 now.
MNQ closed +42p at 450 zone

MNQ Short last lot

Target 20.250 zone

ES Mini short 1 lot
Closed +2.5p

MES Micro re entry short 5670 last lot

Target WPP

Closed +8p at target

ES reversed to long from DS2 1 lot
Closed +4.25p

MNQ Long

T1 +10/12p 2 lot
1 left

Maybe closing the GAP up to WS1 250 zone.
Anyway to 200/+1.0%/ DPP zone.