THE GIST (“THE WHAT”) Logging its best week since March, the S&P 500 index closed the session slightly lower at 4191.99, down 6.07 points (-0.41%). Opening higher, then index pulled back amid reports that the debt ceiling talks seemed stalled once again. Dovish comments by Fed Chair Powell late afternoon, however, helped cap the day’s (more…)
Results of Published Model Trades for FRI 05/19 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 FRI. 05/19 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…)
