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Welcome!
We’ve had many new folks join us here at Cestrian Market Insight in the last few days. Welcome to one and all! If you have any questions at all about this service - what to expect, how to interpret our work, what the paid (Premium / Pro) levels offer, anything? Just reach out in comments below.
How To Use Our Daily Market Update Notes
We posted a note yesterday that may be of assistance if you’re not a grizzled old pro. Please take a moment to read it, even if the subject seems deathly dull. You’ll find it unlocks value from our Market Update notes. You can read the note, Charts Don’t Lie, But They Do Tell Fibs, here:
Since we have so many new folks here, we’ll include part of our daily market analysis before we hit the paywall. We lead with our S&P500 analysis - we use SPY 0.00%↑ for the longer term chart and ES for the shorter term.
Oh, and where you see an underlined header, you can click the header to open a full-page chart for easier reading.
S&P500 / SPY / ES
$418 remains the hurdle to vault if SPY is to keep moving up. And $379 has to hold as support. This has been the range since October 2022 - a very tradable range at that.
4099 has to hold as support in ES if the index is to keep moving up.
Now we move on to the Nasdaq, the Dow and the Russell as always. If you’d like to get these charts daily, sign up for a Premium or a Pro membership at the button below.
Thanks again for reading our work.