Tug-of-War – Week-2, Day-5…Climactic Friday? As indicated in our Intraday Alert Thursday morning (click here for details), the market broke through the 2760 level in the first hour of the session, triggering a Short position by our intraday models, according to the trading plan given in our forecast published Wednesday night (click here for details). Yes, again profitable (more…)
Note: Our nightly “S&P 500 Outlook,Forecast, and Trading plan for FRIDAY 06/22” – please check back later (usually published around 10:30pm EDT). S&P 500 TODAY THE GIST (“THE WHAT”) With trade tension back on the forefront, the S&P 500 index opened Thursday’s session on a bearish note, falling sharply in the first hour of the (more…)
INTRADAY ALERT – THU 06/21 – MODEL POSITION & KEY LEVEL MODEL POSITIONS Our forecast for Thursday, published Wednesday night, stated: “For Thursday, the aggressive/intraday models indicate trading from the long side (buy) while the index is above 2775, and from the short side (sell) while below 2760.” (click here to read the full report)Intraday (more…)
