Filippo Sala

Data-Driven Trader & Financial Market Researcher at Investia Research

[Filippo Sala @filipposalaa]

Good morning, I'm taking some time off on vacation and haven't been as active in the markets.

However, I've just noticed two interesting setups on two different assets.

Take a look at $IWM and $HPE

[Filippo Sala @filipposalaa]

@apriltullymocha Yesterday it gave the opportunity to be purchased with the strength candle. I was waiting for that movement.

[Filippo Sala @filipposalaa]

This week on the commodities side I’m focusing on a setup away from the metals complex.
Cocoa.

Interesting chart structure and solid supporting data. Clean setup worth monitoring.
#Cocoa

[Filippo Sala @filipposalaa]

$SPY is holding above the key moving averages to start the week.

Near-term outlook leans bullish. Expecting a few days of relatively low volatility ahead of the jobs data.

Trend remains long for now.

[Filippo Sala @filipposalaa]

Jobs data week.

This one carries extra weight — it has the potential to either confirm or challenge the Federal Reserve’s narrative from recent days.

Right now the market is largely in wait-and-see mode, looking almost exclusively at the labor numbers before pricing the path ahead.

[Filippo Sala @filipposalaa]

Despite the ongoing directional bias, positioning is currently in a phase of minimum saturation.
Interesting context as we watch how this develops.

[Filippo Sala @filipposalaa]

Weekly COT data for the major currencies.

Surprisingly, the Euro remains the most heavily sold currency with significant speculative participation still in place.

Worth monitoring how this extreme positioning resolves from here.

[Filippo Sala @filipposalaa]

Every major restart begins the same way:
Volume candle → Lateral consolidation → Range breakout with volume.

Right now that sequence is still missing across the markets. Until it appears, the only logical stance is patience.

Waiting for structure, not forcing it.

[Filippo Sala @filipposalaa]

@apriltullymocha Hi, I haven't entered yet. My idea is to see a daily close above that level. Only then will I enter a buy position.

I'm still waiting at the moment

[Filippo Sala @filipposalaa]

Low and indecisive volumes across the board.

Tomorrow marks the start of August — the quieter period is already showing.

[Filippo Sala @filipposalaa]

$NTAP In the setup for several days, but price isn’t showing the required momentum to sustain the move.

Taking profits and moving on.

The name remains interesting longer-term — I’ll keep watching for a cleaner entry with better conviction.

[Filippo Sala @filipposalaa]

Clean pattern on $RACE.
Closing at 1:2 R:R while on holiday.
The setup can run further, but I’m prioritizing a clean exit and time away over maximizing every tick.

[Filippo Sala @filipposalaa]

The Dollar saw a sharp sell-off after the FOMC, forcing a full re-evaluation of positioning.

For now I’m neutral, though increasingly biased to the downside based on how the structure is developing.

Adapting to the new information rather than forcing the previous view $DXY

[Filippo Sala @filipposalaa]

Gold is showing early signs of trying to recover.

In my view it’s still premature. Above $4235 I’m looking to go long.

Below that level I stay neutral and wait for clearer confirmation $XAUUSD

[Filippo Sala @filipposalaa]

The market showed some recovery strength yesterday.
It’s still too early to call for sustained upside, particularly on the Nasdaq $QQQ

As long as price remains below the 21 and 50-day moving averages, I stay on the sidelines and wait for clearer structure.

[Filippo Sala @filipposalaa]

I'm making some popcorn so I can keep reading Fintwit's posts against Leopold 🍿

[Filippo Sala @filipposalaa]

Over the coming weeks I’ll be focusing primarily on financial assets and, more broadly, on names that should be less sensitive to the current market backdrop.

Preferring relative resilience over high-beta exposure for now.

[Filippo Sala @filipposalaa]

The $DIA was the most vulnerable asset, while 30-year yields rose to their highest levels since 2007

[Filippo Sala @filipposalaa]

The $DIA was the most vulnerable asset, while 30-year yields rose to their highest levels since 2007

[Filippo Sala @filipposalaa]

A statement nearly identical to the one in June.

The economy is solid, but inflation remains high due to energy costs and supply shocks.

No forward guidance, in keeping with Warsh’s style

[Filippo Sala @filipposalaa]

Warsh: “There’s no such thing as a soft target. There’s only 2%.”
“This Fed will not waver.”

Five years of inflation above target cannot be resolved in a few weeks.

[Filippo Sala @filipposalaa]

Warsh: “There’s no such thing as a soft target. There’s only 2%.”
“This Fed will not waver.”

Five years of inflation above target cannot be resolved in a few weeks.

[Filippo Sala @filipposalaa]

The Fed kept interest rates unchanged at 3.50–3.75%.
Vote 9–3: Hammack, Kashkari, and Logan favored a 25-basis-point increase.

This marks the first real sign of division under Warsh’s leadership.

[Filippo Sala @filipposalaa]

The Fed kept interest rates unchanged at 3.50–3.75%.
Vote 9–3: Hammack, Kashkari, and Logan favored a 25-basis-point increase.

This marks the first real sign of division under Warsh’s leadership.