Slow Grind Towards A Clear Bull Territory – if Hitting No Geopolitical or Economic Bummer! Our S&P 500 Index Medium-term models’ Trading Plans for Wed, 09/19 – published before the markets opened – stated: “Models indicate going long above the break of 2913 on the index level, with a stop-loss at 2892″ (to verify this claim click (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 09/20” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) The S&P 500 closed higher for the second straight day, albeit with a choppy price action as investors brushed aside the lingering trade tensions. Financials and Energy stocks outperformed, offsetting a (more…)
With the Bear Beaten Down, the Resting Bull Ready to Run Again? Our S&P 500 Forecast and Trading Plans for Tue, 09/18 stated: “The models would go long on a break above 2903, and go short below 2885 – both with a 6-point trailing stop” (to verify this claim click here for the full forecast published) Accordingly, our (more…)
