Mish’s Daily: Trend Trade: January 6-Month Calendar Range Reset!
Mish’s Daily: Trend Trade: January 6-Month Calendar Range Reset!
Written by Michele ‘Mish’ Schneider
We are super excited to announce that today starts the official January 6-month calendar range.
As you can see in the chart for Apple, the small red and green horizontal lines have appeared on one of our favorite platforms at Stockcharts.com.
In fact, Geoff Bysshe and I do a 30-minute instructional video all about the calendar range.
In this video, we cover:
- 1. Why the calendar range matters
- 2. How this range sets the tone for the next 6 months and the whole year
- 3. Who and what to believe
- 4. When to act
- 5. What to trade
Plus, when you watch the video, you will get a link to a free report that shows you how to profit from using calendar ranges all year long.
Link here-The January Trend Trade
Click the link below to get your free copy of the Outlook 2024 and stay in the loop!
If you find it difficult to execute the MarketGauge strategies or would like to explore how we can do it for you, please email Ben Scheibe at Benny@MGAMLLC.com, our Head of Institutional Sales. Cell 612-518-2482
For more detailed trading information about our blended models, tools, and trader education courses, contact Rob Quinn, our Chief Strategy Consultant, to learn more.
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Mish in the Media
CMC Markets Are major commodities losing momentum? A look at oil, gold, dollar, the SPY and NatGas 01-17-24
Against All Odds Jason Perz Podcast-The mental game of trading, commodities, futures, equities, technical analysis, macro-we cover it all 01-16-24
StockchartsTV How Calendar Ranges can Predict Market Direction-Mish and Geoff cover how this indicator tells you who and what to believe, when to act and what to trade 01-16-24
CMC Markets Part 3 Gold outlook 2024; the year of the heavy metals? 01-03-24
CMC Markets Part 2 2024 Outlook on the major level to watch in the S&P 500 to assess next big trend. 01-03-24
CMC Markets Part 1 Mish gives you a thorough outlook on which areas to invest in for 2024 in just four and half minutes 01-12-24
CMC Markets Mish continues with the plan for trading on CPI today. Oil, NatGas, Gold and Silver all have very clear levels and momentum 01-11-24
CMC Markets Mish continues with her analysis on gold, oil and gas, only this time adds the dollar/yen currency pair and her outlook on the dollar longer term 01-10-24
Biz First AM Mish covers the January reset and why she still likes COTY, TJ Maxx and the vanity trades 01-09-23
CMC Markets Mish covers oil, gold, natural gas, silver and sugar and teaches you how to use charts to determine short term trading strategies, 01-08-24
Real Vision Daily Briefing Mish and Maggie discussinflation (given the wage component in the payroll report) and Bitcoin (given the looming deadline for ETF news), SPY – market outlook. Why small caps are important, Emerging markets – VNM Greece, Watching China 01-05-24
Business First AM Mish covers war, energy, food, and a pick of the day. 01-03-24
Final Bar with Dave Keller Stockcharts Small Caps, Retail and Junk, Why all 3 matter this year a lot! 01-02-24
BNN Bloomberg What is a Commodity SuperCycle Really? Mish goes over one interesting chart plus places to invest this year 01-02-24
Fox-Making Money with Charles Payne Cheryl Casone Hosting Mish covers volatile bitcoin and why EVs may not be such a great place to invest in right now 01-02-24
Singapore Breakfast Bites Mish talks about themes for 2024 to look for-and tells you where to focus, what to buy or avoid depending on economic and market conditions December 28, 2023
Charting Forward with Stockcharts and Dave Keller-Mish sits down with 2 other market experts to help you prepare for 2024 with predictions, picks, and technical analysis. December 28, 2023
Coming Up:
January 22 Your Daily Five Stockcharts
January 22 Schwab Network
January 24 Yahoo Finance
January 25 Live Coaching
February 5 Money Show Life with Chuck Jaffe
Weekly: Business First AM, CMC Markets
ETF Summary
S&P 500 (SPY) 480 all-time highs 460 underlying support
Russell 2000 (IWM) 195 pivotal 180 major support
Dow (DIA) Needs to hold 370
Nasdaq (QQQ) 408 now the immediate pivotal number with 405 support
Regional banks (KRE) Failed 50 with 45 support
Semiconductors (SMH) New range 170-175
Transportation (IYT) Needs to hold 250
Biotechnology (IBB) 135 pivotal Retail (XRT) To maintain a bullish stance this should hold 65 and get back over 70.00
20240118