Note: Our nightly “S&P 500 Outlook,Forecast, and Trading plan for Mon 06/25” – please check back later (usually published around 10:30pm EDT on Sunday). S&P 500 TODAY THE GIST (“THE WHAT”) The S&P 500 index opened the Friday’s session with significant gains fueled by optimism after the OPEC members signed a deal to boost oil (more…)
MODELS LIKELY TO CARRY THE OPEN SHORT POSITION INTO THE WEEKEND You read in our Intraday Alert published this afternoon (click here for the full report) that our models opened a short position, after closing one with profit, and placed a stop-loss at 2766.It looks like this 2766 stop-loss (on the S&P 500 Index level) (more…)
MODELS BOOKED PROFITS AND OPENED ANOTHER PROFITABLE POSITION You read in our forecast published last night (click here for the full report): “For Friday, the aggressive/intraday models indicate letting the currently open short ride or let hit by the trailing stop of 6 points (currently anchored at 2756). If that is hit, no long bias (more…)
