{"id":192874,"date":"2023-07-03T10:45:00","date_gmt":"2023-07-03T14:45:00","guid":{"rendered":"https:\/\/ibkrcampus.com\/?p=192874"},"modified":"2023-07-03T12:48:13","modified_gmt":"2023-07-03T16:48:13","slug":"did-you-focus-on-the-bigger-and-broader-picture","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/did-you-focus-on-the-bigger-and-broader-picture\/","title":{"rendered":"Did You Focus On the Bigger and Broader Picture?"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" id=\"h-e-mini-s-p-september-e-mini-nq-september\"><strong>E-mini S&amp;P (September) \/ E-mini NQ (September)<\/strong><\/h2>\n\n\n\n<p>S&amp;P, yesterday\u2019s close: Settled at 4488.25, up 52.50 on Friday and 99.25 on the week<\/p>\n\n\n\n<p>NQ, last week\u2019s close: Settled at 15,337.00, up 236.75 on Friday and 278.75 on the week<\/p>\n\n\n\n<p>What a strong close to the second quarter and the first half of the year. E-mini S&amp;P futures settled Friday at the highest level since April 7, 2022. E-mini NQ futures are retesting the June 15<sup>th<\/sup>&nbsp;settlement, the highest since January 14, 2022. While many have taken an overly cautious and even bearish approach all year, we have done our best to keep our eyes on the bigger, broader picture. Going back to the Morning Express on November 8<sup>th<\/sup>, we said, \u201cThere have been 18 Midterm Elections since 1950; six and 12 months out, the S&amp;P was higher every single time. In fact, after three months, the S&amp;P was only negative once, in February 2003, following the 2002 Midterms the S&amp;P was -7.8%. During such a tumultuous year (in 2022), if this does not get you excited, then we do not know what will.\u201d Additionally, there have only been four times dating back to 1928 when the S&amp;P was down in consecutive years. Some called 2023 different, saying it would be an anomaly and \u2018here comes the big bad recession\u2019. However, we pounded the table saying, \u201cthe stock market is a leading indicator.\u201d Companies have lowered expectations so significantly to get ahead of recession fears that when you couple the landscape with a slowing pace of monetary tightening, we must \u201cbring out the 2019 playbook\u201d when the E-mini NQ futures gained 38%.<\/p>\n\n\n\n<p>Despite strong overhead resistance, the momentum coming out of this two-week consolidation is undeniable. Still, we must see E-mini S&amp;P futures clear major three-star resistance at 4488.25-4493.75 and 4498-4500 in order to secure a breakout. Similarly, resistance in E-mini NQ futures aligns at that high settlement at 15,337-15,374. We remain Bullish in Bias and expect buoyant tailwinds while price action holds above first key support at 4471.25-4474.25. Furthermore, in the case of weakness, there is strong support detailed all the way down to Thursday\u2019s gap settlement and rare major four-star resistance at 4430.75-4435.75.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.bluelinefutures.com\/free-trial\">Blue Line Futures provides daily actionable research and a professional trade desk. Sign up for a Free Trial here.&nbsp;<\/a><\/strong><\/p>\n\n\n\n<p>Bias: Neutral\/Bullish<\/p>\n\n\n\n<p>Resistance: 4488.25-4493.75***, 4498-4500***, 4509**, 4536.50-4439.25***<\/p>\n\n\n\n<p>Pivot: 4580.75<\/p>\n\n\n\n<p>Support: 4471.25-4474.25**, 4465**, 4453.25-4455.50***, 4441.50-4444.75*, 4430.75-4435.75****, 4417.50-4418.75***, 4407.25-4409.75***<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>NQ (Sept)<\/strong><\/h2>\n\n\n\n<p>Resistance: 15,337-15,374***, 15,475-15,500***<\/p>\n\n\n\n<p>Pivot: 15,300<\/p>\n\n\n\n<p>Support: 15,238-15,268***, 15,202-15,219**, 15,078-15,095**, 15,025-15,037***, 14,963-14,986**, 14,856-14,898****<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Crude Oil (August)<\/strong><\/h2>\n\n\n\n<p>Yesterday\u2019s close: Settled at 70.64, up 0.78 on Friday and 1.48 on the week<\/p>\n\n\n\n<p>Crude Oil futures are hitting a one-and-a-half-week high to kickoff the month, and as Saudi Arabia gears up to remove 1 mpbd from global Oil output. Although it is terrific to see the bullish turn above $70, there are still tremendous headwinds, and we have major three-star resistance at 72.43-72.65, a pocket price action has struggled to hold going back to May 2<sup>nd<\/sup>. Previous resistance will now be support, and this week is setting up to be a constructive one as long as Crude Oil futures hold above major three-star support at 69.93-70.33.<\/p>\n\n\n\n<p>Bias: Neutral\/Bullish<\/p>\n\n\n\n<p>Resistance: 71.93**, 72.43-72.65***, 73.29-73.37**<\/p>\n\n\n\n<p>Pivot: 70.60-70.73<\/p>\n\n\n\n<p>Support: 69.93-70.33***, 69.35-69.53**, 68.93-69.03***, 66.96-67.29***<\/p>\n\n\n\n<p>&nbsp;<strong><a href=\"https:\/\/www.bluelinefutures.com\/free-trial\">Blue Line Futures provides daily actionable research and a professional trade desk. Sign up for a Free Trial here.&nbsp;<\/a><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Gold (August) \/ Silver (September)<\/strong><\/h2>\n\n\n\n<p>Gold, yesterday\u2019s close: Settled at 1929.4, up 11.5 on Friday and down 0.2 on the week<\/p>\n\n\n\n<p>Silver, yesterday\u2019s close: Settled at 23.02, up 0.222 on Friday and up 0.471 on the week<\/p>\n\n\n\n<p>Gold and Silver futures finally showed life in tandem and held it through settlement. Was this simply end of month and end of quarter positioning, or is there staying power? This starts with a slate of June Manufacturing data from SPGI at 8:45 am CT and the more closely watched ISM report at 9:00 am CT. Poor data will spark safe-haven demand, weakening the U.S. Dollar and rates. Given the significant damage in recent weeks, there will be several waves of heavy supply attempting to keep rallies in check. The first comes in at major three-star resistance in Gold at 1929.4-1931.5 and in Silver a bit overhead at 23.29-23.34.<\/p>\n\n\n\n<p>Bias: Neutral\/Bullish<\/p>\n\n\n\n<p>Resistance: 1929.4-1931.5***, 1936.1**, 1940.3-1943.4**, 1949-1949.6***<\/p>\n\n\n\n<p>Pivot: 1922<\/p>\n\n\n\n<p>Support: 1915.4*, 1906.2-1911.6***, 1900.6-1902.3**<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Silver (September)<\/strong><\/h2>\n\n\n\n<p>Resistance: 23.11-23.15*, 23.29-23.34***, 23.43-23.49***<\/p>\n\n\n\n<p>Pivot: 22.97<\/p>\n\n\n\n<p>Support: 22.89-22.91***, 22.48-22.54***, 22.05-22.40****<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.bluelinefutures.com\/free-trial\">Blue Line Futures provides daily actionable research and a professional trade desk. Sign up for a Free Trial here.&nbsp;<\/a><\/strong><\/p>\n\n\n\n<p>&#8212;<\/p>\n\n\n\n<p>Originally Posted July 3, 2023 &#8211; <a href=\"https:\/\/www.bluelinefutures.com\/research\/post\/2476\/\">Did You Focus On the Bigger and Broader Picture?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What a strong close to the second quarter and the first half of the year. E-mini S&#038;P futures settled Friday at the highest level since April 7, 2022. <\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[17,18,6,8,9,22,26,3],"tags":[169,255,3598,678,44],"contributors-categories":[13588],"class_list":{"0":"post-192874","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-futures","7":"category-macro","8":"category-north-america","9":"category-region","10":"category-securities","11":"category-stocks","12":"category-text-articles","13":"category-traders-insight","14":"tag-futures","15":"tag-gold","16":"tag-market-outlook","17":"tag-silver","18":"tag-stocks","19":"contributors-categories-blue-line-futures"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Did You Focus On the Bigger and Broader Picture?<\/title>\n<meta name=\"description\" content=\"What a strong close to the second quarter and the first half of the year. E-mini S&amp;P futures settled Friday at the highest level since April 7, 2022.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/192874\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Did You Focus On the Bigger and Broader Picture? | IBKR Campus US\" \/>\n<meta property=\"og:description\" content=\"What a strong close to the second quarter and the first half of the year. E-mini S&amp;P futures settled Friday at the highest level since April 7, 2022.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/did-you-focus-on-the-bigger-and-broader-picture\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus US\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-03T14:45:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-03T16:48:13+00:00\" \/>\n<meta name=\"author\" content=\"Bill Baruch\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bill Baruch\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t    \"@context\": \"https:\\\/\\\/schema.org\",\n\t    \"@graph\": [\n\t        {\n\t            \"@type\": \"NewsArticle\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/did-you-focus-on-the-bigger-and-broader-picture\\\/#article\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/did-you-focus-on-the-bigger-and-broader-picture\\\/\"\n\t            },\n\t            \"author\": {\n\t                \"name\": \"Bill Baruch\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/adedaa1ed5166130778e64a4e1fa7d9f\"\n\t            },\n\t            \"headline\": \"Did You Focus On the Bigger and Broader Picture?\",\n\t            \"datePublished\": \"2023-07-03T14:45:00+00:00\",\n\t            \"dateModified\": \"2023-07-03T16:48:13+00:00\",\n\t            \"mainEntityOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/did-you-focus-on-the-bigger-and-broader-picture\\\/\"\n\t            },\n\t            \"wordCount\": 755,\n\t            \"commentCount\": 0,\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t            },\n\t            \"keywords\": [\n\t                \"futures\",\n\t                \"gold\",\n\t                \"market outlook\",\n\t                \"silver\",\n\t                \"stocks\"\n\t            ],\n\t            \"articleSection\": [\n\t                \"Futures\",\n\t                \"Macro\",\n\t                \"North America\",\n\t                \"Region\",\n\t                \"Securities\",\n\t                \"Stocks\",\n\t                \"Text Articles\",\n\t                \"Traders' Insight\"\n\t            ],\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"CommentAction\",\n\t                    \"name\": \"Comment\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/did-you-focus-on-the-bigger-and-broader-picture\\\/#respond\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"WebPage\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/did-you-focus-on-the-bigger-and-broader-picture\\\/\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/did-you-focus-on-the-bigger-and-broader-picture\\\/\",\n\t            \"name\": \"Did You Focus On the Bigger and Broader Picture? | IBKR Campus US\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\"\n\t            },\n\t            \"datePublished\": \"2023-07-03T14:45:00+00:00\",\n\t            \"dateModified\": \"2023-07-03T16:48:13+00:00\",\n\t            \"description\": \"What a strong close to the second quarter and the first half of the year. E-mini S&P futures settled Friday at the highest level since April 7, 2022.\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"ReadAction\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/did-you-focus-on-the-bigger-and-broader-picture\\\/\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"WebSite\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t            \"name\": \"IBKR Campus US\",\n\t            \"description\": \"Financial Education from Interactive Brokers\",\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t            },\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"SearchAction\",\n\t                    \"target\": {\n\t                        \"@type\": \"EntryPoint\",\n\t                        \"urlTemplate\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/?s={search_term_string}\"\n\t                    },\n\t                    \"query-input\": {\n\t                        \"@type\": \"PropertyValueSpecification\",\n\t                        \"valueRequired\": true,\n\t                        \"valueName\": \"search_term_string\"\n\t                    }\n\t                }\n\t            ],\n\t            \"inLanguage\": \"en-US\"\n\t        },\n\t        {\n\t            \"@type\": \"Organization\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\",\n\t            \"name\": \"Interactive Brokers\",\n\t            \"alternateName\": \"IBKR\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t            \"logo\": {\n\t                \"@type\": \"ImageObject\",\n\t                \"inLanguage\": \"en-US\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\",\n\t                \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t                \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t                \"width\": 669,\n\t                \"height\": 669,\n\t                \"caption\": \"Interactive Brokers\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\"\n\t            },\n\t            \"publishingPrinciples\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/about-ibkr-campus\\\/\",\n\t            \"ethicsPolicy\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/cyber-security-notice\\\/\"\n\t        },\n\t        {\n\t            \"@type\": \"Person\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/adedaa1ed5166130778e64a4e1fa7d9f\",\n\t            \"name\": \"Bill Baruch\",\n\t            \"description\": \"Bill Baruch is founder and President of Blue Line Futures, Blue Line Capital, and Blue Creek Capital. Bill has extensive experience in the financial industry as an advisor, trader and manager. He started his career as an investment banking analyst, but quickly left for the fast paced world of commodity trading in 2007. He got his start as a Market Strategist at Lind Waldock\u2019s Chicago Board of Trade office. Lind Waldock was purchased by MF Global and he began running his own trade desk there in 2009. In 2011, he took a role as the Chief Market Strategist at iiTRADER. Blue Line Futures is a futures and commodities brokerage, Blue Line Capital is a registered investment advisor, Blue Creek Capital is a commodity trading advisor.\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/author\\\/bill-baruch\\\/\"\n\t        }\n\t    ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Did You Focus On the Bigger and Broader Picture?","description":"What a strong close to the second quarter and the first half of the year. E-mini S&P futures settled Friday at the highest level since April 7, 2022.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/192874\/","og_locale":"en_US","og_type":"article","og_title":"Did You Focus On the Bigger and Broader Picture? | IBKR Campus US","og_description":"What a strong close to the second quarter and the first half of the year. E-mini S&P futures settled Friday at the highest level since April 7, 2022.","og_url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/did-you-focus-on-the-bigger-and-broader-picture\/","og_site_name":"IBKR Campus US","article_published_time":"2023-07-03T14:45:00+00:00","article_modified_time":"2023-07-03T16:48:13+00:00","author":"Bill Baruch","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Bill Baruch","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/did-you-focus-on-the-bigger-and-broader-picture\/#article","isPartOf":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/did-you-focus-on-the-bigger-and-broader-picture\/"},"author":{"name":"Bill Baruch","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/adedaa1ed5166130778e64a4e1fa7d9f"},"headline":"Did You Focus On the Bigger and Broader Picture?","datePublished":"2023-07-03T14:45:00+00:00","dateModified":"2023-07-03T16:48:13+00:00","mainEntityOfPage":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/did-you-focus-on-the-bigger-and-broader-picture\/"},"wordCount":755,"commentCount":0,"publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"keywords":["futures","gold","market outlook","silver","stocks"],"articleSection":["Futures","Macro","North America","Region","Securities","Stocks","Text Articles","Traders' Insight"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/did-you-focus-on-the-bigger-and-broader-picture\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/did-you-focus-on-the-bigger-and-broader-picture\/","url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/did-you-focus-on-the-bigger-and-broader-picture\/","name":"Did You Focus On the Bigger and Broader Picture? | IBKR Campus US","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/#website"},"datePublished":"2023-07-03T14:45:00+00:00","dateModified":"2023-07-03T16:48:13+00:00","description":"What a strong close to the second quarter and the first half of the year. E-mini S&P futures settled Friday at the highest level since April 7, 2022.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/did-you-focus-on-the-bigger-and-broader-picture\/"]}]},{"@type":"WebSite","@id":"https:\/\/ibkrcampus.com\/campus\/#website","url":"https:\/\/ibkrcampus.com\/campus\/","name":"IBKR Campus US","description":"Financial Education from Interactive Brokers","publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibkrcampus.com\/campus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ibkrcampus.com\/campus\/#organization","name":"Interactive Brokers","alternateName":"IBKR","url":"https:\/\/ibkrcampus.com\/campus\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","width":669,"height":669,"caption":"Interactive Brokers"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/"},"publishingPrinciples":"https:\/\/www.interactivebrokers.com\/campus\/about-ibkr-campus\/","ethicsPolicy":"https:\/\/www.interactivebrokers.com\/campus\/cyber-security-notice\/"},{"@type":"Person","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/adedaa1ed5166130778e64a4e1fa7d9f","name":"Bill Baruch","description":"Bill Baruch is founder and President of Blue Line Futures, Blue Line Capital, and Blue Creek Capital. Bill has extensive experience in the financial industry as an advisor, trader and manager. He started his career as an investment banking analyst, but quickly left for the fast paced world of commodity trading in 2007. He got his start as a Market Strategist at Lind Waldock\u2019s Chicago Board of Trade office. Lind Waldock was purchased by MF Global and he began running his own trade desk there in 2009. In 2011, he took a role as the Chief Market Strategist at iiTRADER. Blue Line Futures is a futures and commodities brokerage, Blue Line Capital is a registered investment advisor, Blue Creek Capital is a commodity trading advisor.","url":"https:\/\/www.interactivebrokers.com\/campus\/author\/bill-baruch\/"}]}},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/192874","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/comments?post=192874"}],"version-history":[{"count":0,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/192874\/revisions"}],"wp:attachment":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media?parent=192874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/categories?post=192874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/tags?post=192874"},{"taxonomy":"contributors-categories","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/contributors-categories?post=192874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}