Tug-of-War Along Our Proprietary Key Levels – Week-2, Day-3? As indicated in our Intraday Alert this morning (click here for details), the market approached one of the three key levels our models are monitoring at 2740 to register the day’s low at 2743.19 and then bounced off of that level to close at 2762.59. As mentioned (more…)
Note: Our nightly “S&P 500 Outlook,Forecast, and Trading plan for WED 06/20” – please check back later (usually published between around 10:30pm EDT). S&P 500 TODAY THE GIST (“THE WHAT”) Down for the fifth straight day, the S&P 500 index extended Monday’s sell-off as fears of a fully blown trade war between the world’s two (more…)
After taking out the 2760 key level in the overnight futures markets, S&P 500 Index has tested another key level today – the 2740 that we have been reiterating for 12 straight days in a row! Today, the index approached that level with the session low (so far, as of 10:52am EDT) registered at 2743.19 (more…)
