Note: Our nightly “S&P 500 Outlook, Forecast, and Trading plan for Tue, 07/24” will be posted Mon, 07/23 night – please check back around 10:30pm/11pm EDT. THE GIST (“THE WHAT”) Opening lower following a war of words between President Trump and the Iranian counterpart Hassan Rouhani on Sunday evening, the S&P 500 index gained a (more…)
A Weakening/Tired Bull? Monday’s Close to Confirm! Our S&P 500 Index forecast for Friday (07/21/18) – published Thursday night – stated: “Our models indicate that, tomorrow (Friday, 07/20), the index has to close below 2804 or above 2810 for any directional bias to develop; if not, then the tug-of-war would likely continue into the next (more…)
