Results of Published Model Trades for WED 04/15 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. The horizontal lines on the chart show the price levels corresponding to the trading plans as published in the morning (please click here to (more…)
Yo-Yo or Yo-Bear? With Goldman and other big institutions adding to JP Morgan’s kicking off of the earnings season, expect market gyrations to continue to become more pronounced in both directions – with knee jerk reactions as well as strategic long term rotations. The 50% retracement from last month’s crash is again under test at (more…)
Results of Published Model Trades for TUE 04/14 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. The horizontal lines on the chart show the price levels corresponding to the trading plans as published in the morning (please click here to (more…)
Earnings to Energize or Sober Down the Markets? With JP Morgan kicking off the earnings season in earnest, expect market gyrations to become more pronounced in both directions – with knee jerk reactions as well as strategic long term rotations. The 50% retracement from last month’s crash is under test at 2796. A daily close (more…)
Results of Published Model Trades for MON 04/13 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. The horizontal lines on the chart show the price levels corresponding to the trading plans as published in the morning (please click here to (more…)
New Highs or Consolidation Ahead? The 50% retracement from last month’s crash is under test at 2796. A daily close above 2800 is needed to confirm the potential for further highs, while a failure to take it out means that the next leg would be to the down side. Only time can tell which side (more…)
Results of Published Model Trades for THU 04/09 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. The horizontal lines on the chart show the price levels corresponding to the trading plans as published in the morning (please click here to (more…)
Bulls Gunning for the Next Top? In yesterday’s trading plans wrote: “we need a daily close above 2750 to negate this”. The market easily negated that top and the opening action on the index indicates that bulls might be gunning for the next top – the 50% retracement level around 2793. A daily close above (more…)
Results of Published Model Trades for WED 04/08 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. The horizontal lines on the chart show the price levels corresponding to the trading plans as published in the morning (please click here to (more…)
Interim Top in Place! Our models are indicating that an interim top might be in place yesterday, and we need a daily close above 2750 to negate this. A daily close below 2630 confirms the top and might resume some selling pressure. Models caution against leaving any longs open overnight while below 2750. Between 2630 (more…)
