THE GIST (“THE WHAT”) Markets continue to closely monitor the ongoing debt ceiling negotiations as the deadline approaches near, the S&P 500 index extended Wednesday’s gains to notch its highest level since August 2022 on hopes that a deal to avoid a catastrophic default could be reached by next week. The index broke out of (more…)
Results of Published Model Trades for THU 05/18 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…)
S&P 500 INDEX MODEL TRADING PLANS for THU. 05/18 Our stance last couple of weeks has been: “Our models are indicating an initial bias towards an inflection point coming soon. Barring any unexpected bullish development showing up on the horizon, chances are that this could be unwinding to the downside”. Looks like potentially arriving at (more…)
