The Bear To Consolidate Its Position or Retreat? S&P 500 Index tried to approach and test the key level of 2735 on Tuesday – the index registered the session’s high at 2732.91 as of our Intraday Alert published at 2:10pm (click here for details). Tuesday’s modest gains look more like bear consolidation rather than like (more…)
Note: Our nightly “S&P 500 Outlook,Forecast, and Trading plan for Wed 06/27” – please check back later (usually published around 10:30pm EDT on Tuesday). S&P 500 TODAY – TUE 06/26 THE GIST (“THE WHAT”) Led by Energy stocks, the S&P 500 index attempted to rebound from its steepest one-day decline in two months, registering the (more…)
S&P 500 Index approached and testing the key level of 2735, which is being monitored by our Intraday, Aggressive Models. The index has registered the session’s high at 2732.91 and is hovering around 2730 as we write this (@ 2:10pm EDT). Intraday Models indicate selling short on a failure here and if the index breaks through (more…)
