Markets are event driven. Of all the events that impact market direction, monetary policy as dictated by the FED is #1 and earnings are #2.
As we come to a conclusion on the 2nd Quarter earning season, join Bill Duryea of the IOAMT as he discusses the performance of the S&P 500 and evaluates earnings and guidance going forward.
This live online session will also review the June pull-back to the 200 day price average at 1258 and the subsequent 100 point rally up to 1354. The discussion would not be complete if we left of the impact of the European Sovereign debt crises and the potential impact of U.S. government's failure to increase the debt ceiling.
What are the possible inferences to be drawn from the market development around these events and what does the price structure tell us about the possibility of a re-test of the May high at 1370 and the potential of a higher high going into the end of the year?
Join IOAMT and Bill Duryea to find out!
As an added bonus, one live participant will win a complimentary month in the IOAMT LIVE trading room and a 1 hour one-on-one session with Bill.
William Duryea is the founder of the Institute Of Auction Market Theory and a professional trader of the ES for over 12 years. He has conducted seminars nationwide teaching Market Profile. He has been a guest speaker of the CME, CBOT, ICE, Denver Trading Group and a regular featured speaker at industry tradeshows. To learn more about IOAMT and to hear Bill moderate and trade the S&P500 daily in our Live Trading room, visit http://www.ioamt.com/.
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