Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan” will be posted around 9:00am EDT, every trading day. For the Outlook, Forecast, and Trading Plans published this morning, please click here For the last published Results of the Morning Trading Plans, please click here. THE GIST (“THE WHAT”) Building on Wednesday’s afternoon relief rally, the (more…)
Bear Trap, Bull Trap, or Consolidation? The aftermath of the recent market sell off could be interpreted – as of now – as a potential bear trap (if you are bullish), a potential bull trap (if you are bearish), or a consolidation of the downside move. Our models have not formed any near term directional (more…)
Results of Published Model Trades for WED 08/07 Both of our models lead to excessively high number of trades today, indicating a prevalence of uncertainty in the direction of the market and a lack of dominance on the part of either the bulls or the bears. Find below the detailed outcome tracking of our (more…)
