Tug-of-War Along Our Proprietary Key Levels – Week-2, Day-4? As indicated in our Intraday Alert this morning (click here for details), the market approached two key levels we mentioned in our forecast published last night (click here for details), which mentioned as key levels to base the intraday or medium-term trades off of: 2765 (the Index’s low (more…)
Note: Our nightly “S&P 500 Outlook,Forecast, and Trading plan for THURSDAY 06/21” – please check back later (usually published around 10:30pm EDT). S&P 500 TODAY THE GIST (“THE WHAT”) Led by Blue-chip Technology and Consumer Discretionary stocks, the S&P 500 index rebounded from this week’s sell-off that was sparked by concerns of a fully blown (more…)
Our outlook for today – Wed, 06/20 – published last night stated: “For Wednesday, the aggressive/intraday models indicate trading from the short side (sell) while the index is below 2755, and from the long side (buy) while above 2765.” (click here for the full report).Per the trading plan, our short-term models are currently – as of (more…)
