The Dancing Bear – How Long Can It Celebrate Before the Bulls Attack? S&P 500 Index witnessed a dog-fight between the bulls and the bears today, Wed 06/27. The index was up some 23+ points by midday, only to give it all up and close at 2699.63, down 23.43 points! Our Intraday Alert published at (more…)
Note: Our nightly “S&P 500 Outlook,Forecast, and Trading plan for Thursday, 06/28” – please check back later (usually published around 10:30pm EDT on Tuesday). S&P 500 TODAY – WED 06/27 THE GIST (“THE WHAT”) The S&P 500 index opened higher after President Trump hinted a softening stance over Chinese Investments in American Technology firms, further (more…)
In the Intraday Alert published this morning at 10:02am EDT (please click here to see the report) you read as below: “With the index breaking above 2735, our Intraday, Aggressive models have gone long (bought) at 2735.50, with a trailing stop of 7 points. The models have a take-profit sell order at 2741.50 (index level), as (more…)
In our S&P 500 Index forecast for Wednesday – published last night – you read: “The aggressive, intraday models are currently flat. For Wednesday, the aggressive/intraday models indicate indeterminate bias between 2710-2735 – stay flat between these levels. Above 2735, long bias with very tight stops/trailing stops (5-10 points, depending on your trading style and (more…)
