About Princely Mathew

Princely Mathew Princely Mathew hosts The Smart Money service in our EWT Trading Room, providing directional analysis in U.S. equity indexes as well as in miners (GDX) and crude oil (USO) using proprietary indicators based on market internals.

Princely, who has been actively trading since 2003, was the second-place finisher in the 2015 World Cup Championship of Futures Trading®. (Registered mark of Robbins Trading Company's affiliate Robbins Financial Group.) Trading part time initially, Princely used to work within the IT industry in various organizations until 2012 before switching careers to become a full time trader.

Story Archive

Benefit of Doubt to the Bears

Our Smart Money Composite Signal is pointing down.
by Princely Mathew - 1 week ago

Expected Pullback Begins

We got an exit signal on our long trade very early in the week allowing us to exit very close to the actual price top.
by Princely Mathew - 2 weeks ago

Closing In On Our ES Target

I still have a target of 3140 on the Emini S&P 500 (ES) from the triangle breakout we were tracking a few weeks back, and we are getting close.
by Princely Mathew - 4 weeks ago

Slight Edge To The Bulls

Price action supports more bullish outcomes playing out at least until the 3050 area on the Emini S&P 500 (ES), which would be confirmed with a breakout over 2976.
by Princely Mathew - 1 month ago

Locking In Gains Ahead Of Next Set-Up

Price overshot my 2930 target level on the S&P 500 by a bit before the expected selloff began.
by Princely Mathew - 1 month ago

Most Indicators Signaling Long

Last week the market pulled back from the 2850/2900 zone on the Emini S&P 500 (ES), as we had anticipated, and tested just above the 2700 support area before moving back higher to end the week near 2830.
by Princely Mathew - 2 months ago

Projected Topping Zone Reached

Right now the path of least resistance is still UP, but the 2900 region on the S&P 500 is still very strong resistance and it makes sense for a pullback or more to develop from there.
by Princely Mathew - 2 months ago

Eyeing 2700 Ahead Of Another Big Leg Down

Looking at last week’s action, we seem to be backtesting support in the 2400 area setting up another leg up into the 2700 range in the S&P 500.
by Princely Mathew - 2 months ago

Bullish Short-Term Indicators, but No V-Shaped Recovery In Sight

Right now we have couple of our shorter-term indicators on the bullish side and more can join if price remains stable.
by Princely Mathew - 3 months ago

All Models Bearish

My thought is that correction is closer to the end in terms of time (2-4 weeks), but it is not close to the end in terms of price.
by Princely Mathew - 3 months ago