Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 11/07” will be posted around 8:30am EDT, Wednesday. THE GIST (“THE WHAT”) Trade-sensitive sectors led today’s relief rally, further supported by a tech rebound amid the long-awaited U.S. congressional mid-term elections. Gains, however, remained capped as investors keenly awaited the results of the (more…)
Today, It’s All About the Midterms, Trader! Keeping in view the critical role today’s elections and the outcomes play on the markets, our models do NOT indicate trading in any direction on this day. The key levels continue to be what the models indicated for Monday, 11/05. https://tradersai.blogspot.com/2018/11/s-500-outlook-for-mon-1105.html We will bring you the next Forecast (more…)
