Note: Our nightly “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 09/13” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) With no major catalyst to catapult it above the all-time highs registered in the last week of August, the S&P 500 index continues to be range bound, finding a strong support (more…)
S&P 500 OUTLOOK for WED 09/12
Crytal Ball in our Models? Not Really, But the New Battle for Territory Continues – Day 3 Our intraday models’ trading plan for Tue, 09/11, published before the markets opened, stated: “For today’s regular session, the medium term models indicate an “indeterminate” bias and waiting for a daily close above 2888 or below 2863 to (more…)