Precarious, but Upward All of last week, the index was confined to trading within our models’ published range of 3930-3880, with the Friday’s close of 3934+ registering a potential breakout. Our models are starting this trading week with 3930 as the baseline to watch. For positional trading, models indicate a long bias while above 3930...

Range Bound This whole week, the index has been confined to trading within our models’ published range of 3930-3880, and it looks like we might be closing within that range today as well. Models indicate no directional price movements while the index is within this range on a daily close basis. For positional trading, models...

Battleground Range In Focus! With yesterday’s session high of 3931.50 and session low of 3884.94, the index tested our models’ published range almost to the point. Until the range is breached one way or another, models indicate 3930-3880 as the key battleground range for the near term. For positional trading, models indicate a long bias...

Battleground Range With the breakout above the 3835 levels models indicated last Wednesday, our models shifted to a bullish bias, and remain so while the index is above 3830. Models indicate 3920-3870 as the key battleground range for the near term. For positional trading, models indicate a long bias while above 3850 and a short...