Fibonacci and Asset Class Review | Trading Futures

well a little follow-through selling on the market today as indexes sell off along with a lot of commodities with the exception of natural gas but can we look for some potential support utilizing tools such as fibonacci as we'll review the different asset classes may give us some ideas so stick around [Music] all right good morning everyone it's great to see those that are live with us today i know it's been uh a few weeks since many of you have seen me here on this train futures webcast i'd like to thank my good friends mr michael fairborne uh along with connie hill for filling in and it's great to see those that are live such as michael krishna nihan frank uh rebecca ann everyone else coming online anthony and lou great to be with you and also thanks to those of you listening to the archive session as well and following with us each and every week let's go ahead and take care of disclosures folks and we'll get right into it content's intended for educational information purposes only non-investment advice or recommendation of any security strategy or account type options not suitable for all investors and your encouraged practice which you learn here today with tools such as paper money software which is for educational purposes only and successful virtual trading during one time period does not guarantee success of actual phones during a later time period as market conditions change continuously futures and futures options trading involves substantial risk and is not suitable for all investors please read the risk disclosure statement provided for you and those futures and futures options train services are provided by charles schwab futures and forex llc those trained privileges are subject to review and approval not all clients will qualify keep in mind as well with these various futures products trading on margin increases your level of risk your downside financial risk is not limited to the amount of equity in your account charles schwab futures and forex llc may liquidate any or all of your positions at any time if your account equity drops below required margin levels and keep in mind a stop loss order will not guarantee an execution at or near an activation price once activated they compete with other income and market orders and past performance of any security or strategy it does not guarantee future results nor success or i may have a tail end of a cough here but here's my bio for those that are interested i do appreciate it let us know if this is your uh first webcast for trading futures this is one of two futures webcasts we have during the week uh michael fairborne who's helping out on the chat today actually has uh future basics and beyond which is every thursday at noon eastern time and both of these sessions are archived and here's our agenda for today we'll go ahead and we'll take a start off by looking at the s p futures on some of those current market conditions and we'll be applying some fibonacci retracements this was a topic that i covered a few weeks back as the market was rallying and looking for that potential resistance and uh we see that some of that may have came into play here over the last week we'll also go ahead and utilize the thinkorswim platform and review some asset classes since it's been a bit since we've gone through the different asset classes uh do a overview on technically on how different groups are doing that may set us up for some potential ideas to practice in this trade and futures webcast so without further ado let's go ahead and bring that up on thinkorswim i hope everyone had a great weekend just looking at the left-hand margin under a futures list and keep in mind the this is there is a public uh watch list for futures if you go into drop down you should be able to see that as we look at net changes across the board many of the futures are in negative territory uh at least on some of the more widely traded ones uh looks like some of the grains may be up but most of the indices down across the board likewise many commodities are off today with the i believe one of the few exceptions being natural gas and let me just go ahead and bring up a smaller list here and then looking at the charts on forward slash es which is the mini contract for the s p futures uh after peaking on the 16th we start seeing some semblance of a flag as prices were consolidating but with friday's friday's price action being more significant uh with selling penetrating into the last week and so far that has continued into today as we look at the intraday on the five-minute chart on the overnight price action after consolidating for a good part of the evening have dropped down again at the opening so traders look into potential for filling in the gap uh which was a discussion point from a few weeks ago uh in many cases uh when we do see prices uh not only sell off from the previous day but when we see a continuation of some significance here you know from that close we're off about 62 points i believe it was closer to about 52 points before the market open that is a significant gap down that kind of decreases the potential and probabilities of price action being able to fill in that intraday gap not saying it can't happen uh but it uh does uh decrease uh considerably and then also seeing price action break down below uh a pivot point there at the opening versus at least attempting to close in now let's go ahead and pull this back a little bit here we're looking at a grid chart and for those of you that are new if you are following along there is a little link here for a shared grid now it's not an endorsement of any particular chart setup versus another uh but if you wanted to follow along with that i put that code into the chat and for those of you that are following along at home on the archive session you can transcribe that it is case sensitive you go to setup in the upper right hand corner select open shared item and you can go ahead and paste or transcribe that and it's a shared grid and that'll bring up a daily chart pardon me as well as an intraday chart with some of the common tools that we've utilized in this class between moving averages atr and the pivot points tools all right let's go back out of that and when we're on a grid chart we can right click on that individual chart and we'll maximize that now this is a forward slash mes which we just had up that was an example of the micro contract which is one-tenth the value of the s p but want to kind of highlight we talked about fibonacci retracements a few weeks back as we saw this rally whether a bear market rally or a true reversal of the downtrend what we had done as we had discussed looking at the previous highs in this case uh the failed rally that came out at the end of march and beginning of april uh going down to the lows here in june uh selecting under the drawing tools and that percentage tool which is fibonacci retracements you went ahead and drew from the high down to the low you'll see different support and resistance areas come up uh one may also see some a good confluence with whether previous highs and lows as well as support and resistance areas we talked about uh around that 61.8 retracement uh being a potential make or break point for a overall bullish reversal you can see some of the characteristics uh of that reversal the transition from lower lows to higher lows and over this past week we did make some higher highs briefly penetrating that 61.8 retracement but then basically blowing back between friday and monday of this week so possibly a change in sentiment there we'll see if that continues through the week a lot of traders going to be keeping an eye on the fed believe they're meeting in jackson hole on thursday uh the market at least seems to have been anticipating more dovish moves by the fed but a lot of concerns uh with inflation still sticking uh and not potentially peaking at least in areas such as the uk and europe uh where there's talk of 18 inflation uh going into next year in the uk and also still concerns part of me in europe the rest of europe uh as far as with inflation with a lot of the impact of things such as energy and natural gas being in the forefront that's counterbalanced with in china uh china is still trying to come out of covid uh they've actually been relaxing some things but uh that their economy has also been slow which has an impact on commodities we'll take a closer look at that and then the u.s is somewhere in the middle there inflation is still sticking some assumptions that we may be seeing a little peak of inflation in the u.s

again that's still subjective so all these things are having an impact on equity markets uh here today with a lot of the inflationary fears and and with the fed uh expect or potentially uh acting a little more hawkish as we come out of jackson hole now if if things come up more dovish the equities market may find an opportunity to rally once again all right so we talked about that retracement and prices breaking down off of that again after a strong rally this summer one of the strongest in decades another approach as far as fibonacci is looking for that anticipated support now what i'll do just to remove some of the noise is i'll remove that previous fib this happens to be a longer term fib with the 61.8 this is one we had talked about previously if i go to a longer term chart from the rally in october of 2020 to the lows from this summer notice uh very similar to what we saw on the bearish uh bounce markets did sell off and penetrate at least for a week that 61.8 retracement possibly shaking a lot of weaker hands and then stimulating some buying prices getting back above that 61.8 this is another area that to keep in mind if we see prices continue to sell off you know will this be a retest of some of those previous lows so as we go back look at that daily chart again and as we observe this rally coming from the lows to the highs we can go ahead and take some fibonacci retracements as well to anticipate some potential support so i'm going to go to that percentage tool as i grab that percentage tool now as far as where to draw from which low as a matter of practice uh based off of my study on fibonacci i'll have a tendency of looking at the more recent uh rally usually the low that precedes a breakout in this case kind of a break out of a a smaller triangle or rectangle so if i go ahead and draw from the low to the high now we're looking okay where are some potential support areas as we look at the different percentages such as a quarter a third a half and two thirds uh notice we can see some confluence here with some of the previous price action both as far as support as well as resistance for instance this last breakout broken resistance does have a tendency to act as new support although currently notice we're not seeing at least a strong attempt to get a bounce off of that previous resistance so there is potential that we may see price continue to fall or fade into this area notice the third retracement lining up with that previous consolidation that would actually be a full retracement of this previous swing and then notice a bit of a confluence with that 55-day move in average so kind of within this range from a bullish perspective traders may be keeping an eye to see if there's going to be any subsequent bounce anyone who is bearish and trading off those highs is looking at these areas as potential targets let me go ahead and pull that out a little more and notice that 61.8 retracement kind of a make or break point would essentially be a retest of the reversal pattern that we had when prices broke out in mid well about the third week in july so notice a few areas to be keeping an eye on as we go into this week as well as beyond this can also be applied on an intraday standpoint on smaller time frames but keep in mind as far as with those smaller time frames things can happen very quickly and also which means that failures can happen relatively quickly as well so you know if we go ahead and we take a look at for instance entry day here on this five-minute chart and looking at the highs from the pre-market going down to the lows if we're seeing a bit of a bounce here some bears may be looking for another bearish bounce so if i go ahead and take our fibonacci tool and the drawing tools draw from the high down to the low now remember this is a relatively small period of time within an intraday period so again things can move relatively quickly notice that as you look at some of these fibonacci retracements you may see some confluence with some of the pivot points such as the third here 50 percent and that 61.8 pretty much goes back to where prices had broken down or in the early morning hours some traders may look for bounces off of these levels or break down below these levels a common area to trade around is around that 61.8 and 50 point

retracement prices break into that zone and come back down uh possibly a trade setup if one wanted to look at more of a larger intraday period we can go ahead and do that as well let's go ahead and remove that you know whether looking at a 30 minute or a 60 minute chart and look at more of the bigger moves one again may go back to a previous high going down to the low now we don't know if this is the low since we haven't necessarily seen a reversal here yet but just kind of give you that visualization and notice how these fibonacci areas can be some potential resistance areas and ultimately from a bullish perspective where prices would need to break out notice on the 61.8 there's actually a big confluence with the current pivot point whereas with price action below the pivot point typically more bearish price action above the pivot point usually more bullish so you can see a long ways here in this case a significant amount of points we're already off 61 points on the day a very big gap to close which demonstrates that the bears are a bit more firmly in control here as we start off the week let's go ahead and take a look see if anyone has any questions or comments and we'll continue uh applying this theme on looking at some of our other asset classes here neon mentions you know if td ameritrade is going to apply different commissions for micro futures contracts like other future brokers so the comment was and i wouldn't be able to comment on the any potential changes to fees or commissions but what was pointed out though it is a consideration that traders need to focus on particularly active trading that commissions do impact those potential gains and i think to your reference when you look at something such as comparing forward slash es which is the s p mini futures which is a fifty dollar multiplier per point eleven thousand dollar margin uh versus the micro contract forward slash uh mes as i'm trying to pull that up it's a five dollar multiplier and less margin so it makes us more attractive to traders with smaller accounts to trade these micro contracts however if we were to go ahead and bring up a confirm and send the commissions are significant relative to the size of the contract you know if you're trying to capture let's say relatively small amount of points let's say five points on the micro uh that would be five times five twenty five right uh but you're also paying seven dollars round trip for that so that is an impact on those gains so may not make that conducive uh for traders that are trying to trade relatively small moves so wouldn't be able to comment any potential changes but as the current state focus that that is the cost of doing business for those smaller contracts and one may want to focus on more of the larger moves but do appreciate asking the question there let's go ahead and break down into some of our other asset classes here and we may be looking at doing some practice spread trades utilizing some futures options on some of these different asset classes and let's see if i can go ahead and reset this here go back to a daily chart and let's see here real quick with some other indices here uh such as the small caps the small caps actually had a a significant uh break when it went ahead and broke out last week uh let me go ahead and grab that fibonacci retracement going from the high here in april similar to what we did with the s p futures and coming down to the low it had a very clean break above that 61.8 retracement and even rallied up to that 78.67 retracement and notice how that acted as resistance here small caps were setting up for a more bullish prospect of a reversal to be dashed over these last few weeks as price action is blowing back into that pattern and again notice a bit of a confluence with some previous highs to see whether if we get a shorter term bounce or if that price action is going to continue to trade down into that range there i'm not sure if the nasdaq it also did something similar uh on the nqs i go ahead and go from the high down to the low and this kind of an interesting one with the nasdaq so the nasdaq even though for how strong its rally was to the tune i believe well over 20 percent uh notice that did not significantly breach that 61.8 uh kind of pointing that the party potentially may have been over uh as it didn't follow the s p and the russell and even though it had a stronger run initially notice it also backed off significantly as well taking back all the gains for the last week as gross stocks are going to get hit particularly stronger all right let's look at some other asset classes here let's look at the the bonds now there are several asset classes and some of you may be uh not as familiar and and i know it gets a little confusing at times where uh you see these kind of rudimentary you know interesting symbols with a slash two or three characters you have a year code and you have a month code now if you type in the root symbol that will bring up the front month uh the the current uh contract or i should say the for the the front month contract that is being traded versus some of the other uh uh forward months there to go ahead and actually learn a little more about these uh you can go to td ameritrade dot com forward slash futures i'll post that link for those you that are in the chat and notice uh quite a few links here very simply to drill down whether it's on education how to start trading if you wish to trade futures again it's not for everyone and some considerations there here's some available products if i click on the available products scroll down we're already highlighted a few of these on the indices side such as forward slash es the nq the rty notice you can see if there's options that are tradable there's the multiplier represented for each point uh how it's settled as well as trading hours which is essentially almost 24 uh six from sunday evening through friday afternoon uh if we go ahead and let's probably go ahead and toss off with energy there since a lot of interest there this is also one of the more volatile markets that traders would consider forward slash cl you can see the multiplier there which is significant if we go ahead to the charts looking at crude i've discussed this in the past as well too as we look back you know crude has had a pretty nice trend going back for well over this last year at least going back to the covid lowes you can see i just drew a simple price channel on that area as we uh come closer in we can see how volatile it's been since the start of the russia ukraine war and prices have been going back and forth but uh a combination of uh less demand uh on uh on china potentially uh as well as uh some increase in supplies we can see the impact on crude in the latter part of the summer months now we may be seeing a consolidation in around that 80 around the 87 area based over a near term and then usually if i have a a price level going further out there may be some significance from a longer term as we go back and look at that and notice a bit of a confluence where the previous resistance on crude at around that 87 mark potentially acting as some new support so some traders may be keeping an eye on this whether from a bullish or a bearish perspective the bullish case is looking for a bounce and a break out of this range if that was to occur we would also see a break at least of the intermediate downtrend the bearish case is we're seeing more of a descending triangle something we discuss in our technical analysis breakdown reversal patterns traders may be looking for a breakdown and if there's a breakdown you know where is that potential support again going back traders may look at some previous highs for that another thing we do if we want to bring out our old good friend fibonacci uh see what the impact is on this last pullback uh of oil again we can go back to a low in the trend some traders may go to the lowest low i again i have a tendency of uh is consistency looking at lows preceding a breakout going from a low to a high and notice as we look at that 61.8 retracement there has been a violation of there but it does seem to be kind of sticking back and forth so again from a technical standpoint from this longer term trend has been significantly weakened but still trying to hold that range if prices do break out of this range then there may be an expectation for prices to continue retracing this rally going back to at least beginning of the year so a little bit of a pivot there to keep an eye on there as a crude is also getting hammered here today on the other side natural gas forward slash nq i believe this was actually up a little bit more earlier but uh up not at nq that's nasdaq i always get this dyslexic here ng forward slash ng something that is not down up four percent a lot of drivers here uh as you know everyone knows on uh how russia is a major supplier has been traditionally a major supplier of natural gas to europe and europe is racing to try and replace those supplies and there's plenty of natural gas in the world uh however uh it's a matter of how do you get it to the right places and those uh distributions uh our channels are still being developed it was relatively easy and it's still easy to get it from russia uh but uh with uh the sanctions uh that is not in play and so uh that gas needs to be transported and windows those supplies are being pulled from other areas that also impacts the demand in those areas too so natural gas futures making another run for 10 they attempted to do that back in june and the trend is still seems to be relatively strong here so it looks like ten dollars is a bit of that pivot this can have some uh major impact uh and possibly build on the inflation story in europe as we're seeing kind of more of a cup and handle uh on that natural gas contract there and a break above those highs and holding can be pretty significant and if we go back and take a look over the years uh yeah i don't think natural gas has been this high uh at least uh in in recent memory here so other commodities and if you uh branch down and take a look you know heat and oil traders uh have a tendency of looking at heating oil as a proxy uh for diesel because it is a pretty much the same formulation there but bring up forward slash ho uh we can see that uh uh you know after dropping off although it still seems to be high at the price at the price pump if we uh go historically here we see from a historical level on how heat and oil which i know is used a lot on the east coast there significantly higher than where we've seen historically uh likewise diesel prices are still relatively higher too if we go ahead and zoom in a little bit here yeah rg made the mention of natural gas being the widow maker if you've heard that term that typically is dealing with instruments uh that can be extremely volatile and particularly that are sensitive to news events uh similar to like with equities and earnings they can have a dramatic impact and so these are not recommendations of trade any particular instrument but this can be helpful on understanding uh the impact on the equities market when it comes to things such as commodities and how it ties into different sectors obviously with energy stocks if if someone's investing in energy stocks they'd probably be interested to see how these different commodities are doing so as we look at heat and oil as we start getting into some colder months be interesting to see if we do get a a breakout in this area if we're seeing a transition of those lower lows potentially higher lows if we were to go ahead and apply a little fibonacci on there as well looking for that potential make or break point again we're drawing from a high down to the low to look at that resistance and there's a bit of a confluence at the 38 retracement and if prices break out then you know traders may target these next levels ultimately for a full reversal of heat and oil would be getting back above uh four dollars now you know there's another chart that one may look at here as they do this analysis called seasonality there are seasonality charts that one can bring up and see not only where prices are trading now and over the last year but how were they trading compared to the same time last year or up to five years ago now some contracts have a tendency being more cyclical than others but since we have heat and oil on here if i go ahead and let's see we make up a little more space here there's two ways of doing this you could just right click on the chart and go ahead and look for i believe it's under style and you'll see chart mode and under chart mode you can select seasonality bring up seasonality now it may you may see a different view but looks like we have the current chart in a line chart and then here is the five year average for heat and oil and notice the bias on the five year average going over the next couple of months has been more towards the upside and then kind of basing out in november and december if you want to see it combine year over year you could go to the gear at the top and then go to the appearance and once you're on appearance notice right now we're displaying the average if i click there i can bring up yearly an average that will bring up the average plus the last five years so someone can see if there's any kind of outliers uh or you know generally prices had an upward bias and as we look at this looks like about four out of the five years uh the bias had been more neutral to up versus a little more down there is a color code i'm slightly colorblind so you have to look at the colors up at the top to see what year i'm actually pointing at and looks like that would be interesting yeah i can't pick up on what color that is but there you go all right and if you want to go and switch back you can right click go back to style bring up chart mode and go back to the standard chart all right so that's what we got going on with uh some of the energy contracts here you can drill down and look at some other ones uh let's look at metals you know a lot of uh gold investors are kind of disappointed that uh gold hasn't made as significant run as would be expected with inflation some different arguments on that uh don't have enough time to get into that discussion uh but just focusing on a technical standpoint uh you can see gold did something similar to what we saw with equities in fact may have actually led things down a bit over the last week where we've seen a downward bias we saw a strong counter rally from mid july going over this past week there's that 61.8 retracement it was more of a

consolidation and a little bit of a fake out as uh gold did have a pretty good day on the 12th just to be dashed the very next day and continue to blow back now again whether this ends up being a higher low or a retest we'll have to keep an eye on rebecca thanks for pointing out the color looks it looks like it was 20 20. i didn't want to guess but thank you and then you can also apply that same method here as far as fibonacci uh if the inflation case continues building up and may look at gold going from the low to the high there's that 61.8 level those prices pulling back to where it previously had broken out so some investors may be looking for a bullish bounce if they are interested in gold or may look at uh you know other uh you know areas in the gold arena whether in mining stocks things like that that may be showing similar technical patterns but a lot of weakness to what we saw similar to the market uh also on the uh kind of precious and industrial side you have forward slash si notice this one dug a bit deeper as a lot of industrial commodities have been showing a bit more weakness throughout the summer even though there was a counter rally kind of failed to really materialize again are we seeing a possible higher low we're kind of a re-test of that low with a little bit of a hammer traders may keep an eye to see if there's any type of bullish reversal as prices came close to these lows and notice that if one was to trade uh some of these metals similar to the indices as well as some of the energy there are some micro contracts which do have uh smaller or micro contracts which do have uh smaller multipliers maybe potentially be less margin but there are still risks associated uh with those contracts again one can lose more than is available in their account proper position sizing as well as having an exit strategy is important and we'll explore that more in our coming weeks as we look at some of these other contracts knows copper dr copper china is uh what happens in china a lot is tied with copper there whether it's strength or weakness we can see a lot of that weakness throughout the spring and summer months notice the bounce that we've had uh reasonable bounce if we look at from a percentage standpoint probably not as strong as we may have seen somewhat on par with some of the market returns i think similar to the s p uh before it sold off and we'll win what one may be keep an eye on here as we continue to see if china is able to expand a bit more with a little more of their easing we are seeing some characteristics of an ascending triangle and there have been pundits speculating on you know another commodities rally for 2022 in the second half we haven't seen necessarily full signs of that at the moment as prices have coming off of those lows but copper could be a potential driver of that as we're consolidating that that 55-day moving average if one wanted to they can go ahead and let's say do a right-click can create an alert maybe from a macro standpoint be alerted if copper goes ahead and breaks higher and you can also do the same thing if you want to be alerted if copper breaks lower that may help on developing your overall bias on commodities as well as with the market there we go all right so interesting patterns there with uh copper uh you know not necessary is widely traded and you know liquidity is a concern but you know traders may also look at platinum and palladium if they're involved on the ev side of things uh that uh impacts uh the cost silvers part of that too and as we you know just look at these anecdotally you'll notice uh not a lot of movement there and a lot of probably could be said about the ev market as prices have been kind of more in a consolidation back and forth that was for uh platinum there but the palladium is right underneath it here and those kind of the same thing so as far as a bullish rally in these markets traders again are going to be keeping an eye to see if there's a higher low or at least a retest and see if there's a bounce that occurs with that so we went ahead and covered down on the different commodities here as far as on the equities well on the stock indexes metals energy agriculture a lot of pressure on world markets particularly in the third world as far as being able to get access to wheat and other grains that's been reflected in some of these commodities as well let's bring up forward slash zw for wheat but notice that uh since the initial spikes from the russia ukraine war supplies have been able to adjust we've seen prices basically get back down to those pre-war levels and as i talked with some of our affiliates here from a longer term you can see the channel here for wheat we are at and in some cases just a little bit below that channel so we're kind of at a longer term support be interesting to see how things develop here and again this may you know develop in a a practice trade for us as we'll look at these commodities closer one by one over next couple weeks as we're at a support area you know are we finding a bit of a bounce or a potential reversal of at least this intermediate trend that's what we got going on with wheat i would encourage you to maybe take a look at those seasonality charts on some of these as well to see if you're able to learn anything as far as price action uh from one year to the next some of these grains could be a good candidate to take a closer look at keep in mind there's no guarantee that that seasonality if it happened five out of five years will happen on the sixth year but some traders may look at those patterns to repeat as we look at corn you know more of a rectangle as well but has been making some higher lows since july so we have a bit of a resistance there looking to break out and from pattern standpoint that characteristic of an inverse head and shoulder uh with that neckline being upwards around that 6 36 looks like that's a another fibonacci retracement i have going back here from more of the longer term still kind of holding those areas all right as we're wrapping up here let's make sure we don't miss out on any of the other ones soybeans very much uh china and asia big consumers there and yeah we can see the same deal i don't have a channel drawn i'm have to go back and take a look at that but notice a bit more choppier after selling off again trying to make some higher lows and a bit of a squeeze here potentially at resistance so still kind of in a bit of a holding pattern as far as any potential rally quick look at currency here now uh the two currencies that we have tennessee focusing on and i'll double check to see if there's any change looks like there are some changes we will look at the ones that are more optionable and typically that's been the euro and the british pound although it looks like the australian dollar's been added to that uh canadian dollars on there as well they're tied to commodities as too so that may be an interesting story in coming weeks if i go back to thinkorswim platform forward slash 6e trend continues to be down there was an attempt at a bit of a reversal but a lot of rejections at some of the fib levels as the strength of the dollar uh keep in mind uh this is uh uh the base currency where it's denote in dollars there so as it continues to fall that means a dollar stronger rising euro stronger so dollar continues to be in control probably expect to see that on both the euro and the british pound uh as inflation continues to impact european markets uh a bit greater than ours and we're seeing the british pound take out a low here compared to the dollar all right and last but certainly not least uh interest rates now a lot of traders uh may keep an eye on the actual yields such as tnx which is a 10-year yield remember yields move inversely to the bonds so if the yields are rising that means the bonds are falling so on the future side the 10-year forward slash zn would be the 10-year future contract and so we can see corresponding to yields rising we've seen the bonds drop however uh kind of keeping an eye and there may be some drivers as far as with the fed too you know are we seeing more of an inverse head and shoulders as far as with bonds just kind of pulling back and forming that shoulder and then others may look at some other uh other contracts there we do recognize that the yields are inverted you know 10 years have been ticking up even more but we'll go ahead and explore this a little more deeper in upcoming sessions as we'll take a more of a deeper dive on some of the individual asset classes and apply a defined risk strategy to each and every one some of you may be familiar with this from some of our options webcasts but that'll be our intent in some of the coming weeks while we'll still do and focus on some of the technical aspects of the index futures too so i don't see any pending questions there looks like our good friend good friend mike has taken care of things so thank you michael and would encourage a practice which you learn here today folks uh utilizing tools such as seasonality and remember in order to demonstrate the functionality of the platform we had to use actual symbols keep in mind t ameritrade does not make recommendations or term suitability of any security or strategy through the use of our tools any investment decision you make in your self-directed account is solely your responsibility have a great day folks bye now

2022-08-25 05:10

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