Trading Plans for FRI. 5/10/24 – Rate Cut Hopes Gunning for New Record Highs

S&P 500 INDEX MODEL TRADING PLANS for FRI. 5/10/24 In our trading plans published on FOMC day, 5/1/24, we stated: “…Yesterday, Monday, 4/29/24, the index closed by a hair-thin margin above that level with a close at 5116.17. Keeping in mind the FOMC event tomorrow, our models are ignoring that close above our level and (more…)