Results of Published Model Entries and Exits for Thursday 01/17 Per the plans published in the morning, our medium-term models’ plans lead to 2.06 index points in gains on one long trade today. Our aggressive intraday models’ plans saw a gain of 9.06 index points on one long. Below, you will find the detailed tracking (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 01/18” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) Extending gains for the third straight session, the S&P 500 index closed today’s wild session higher as investors weighed mixed earnings results against better-than-expected economic data that eased recession jitters. Disappointing (more…)
Tenth Consecutive Positive Close / Green Candle (On a Daily Open to Close Basis)? If the S&P 500 index closes higher today, it would mark the the tenth consecutive positive close on a daily open to close basis. The index is looking at some strong resistance levels in the 2635-2645 band which, if broken, could (more…)
