It’s a Yo-Yo Within the Range! Notwithstanding the attempt to move down, the index is stuck within the key range we forecast on Tue 02/26: “The S&P 500 Index failed to follow through on the break above the key 2813.62 level…the 2815 level is yet to be tested. On the downside, …. are the multi-layered key support (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 03/05” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) Building on previous session’s trade optimism, the S&P 500 index gapped higher at the open following weekend news that the U.S. and China are nearing an agreement to end their long-standing (more…)
