Bear or Bull, the Market Approaching Potential Inflection Point The S&P 500 Index did not confirm a bearish break down on Friday, after closing below the key 2770 level our models have been monitoring since last Tuesday, 02/26. A daily close below 2730 is required to confirm a shift to a bearish bias and a daily (more…)
Results of Published Model Entries and Exits for Friday 03/08 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month: NOTE: The index by itself is NOT tradable. The model plans here based on the S&P index level can be used to trade (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Monday, 03/11” will be posted around 8:30am EDT, Monday. THE GIST (“THE WHAT”) A surprisingly weak jobs data spooked investors a day after the European Central Bank (ECB) slashed its growth forecast for Eurozone for 2019. In another sign of weakening global economic growth, (more…)
Is That Bear About to Emerge Fully Today or Monday? With the S&P 500 closing yesterday below the key 2770 level our models have been monitoring since last Tuesday, 02/26, our models have negated the bullish bias today (click here to read the full forecast and/or to cross check the key levels). Yesterday Europe, last night (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 03/08” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) Logging a four-day losing streak, the S&P 500 index breached the key technical support level amid growing signs of a slowing global economy, coupled with a lack of clarity around U.S. (more…)
Results of Published Model Entries and Exits for Thursday 03/07 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month: NOTE: The index by itself is NOT tradable. The model plans here based on the S&P index level can be used to trade (more…)
Lower Bound of the Key Range being Tested With the S&P 500 testing the 2770 level our models have been monitoring since last Tuesday, 02/26 (the index registered yesterday’s session low at 2768.69, and closed at 2771.45), expect strong battle here – bulls trying to defend the level and the bears trying to take it (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 03/07” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) The S&P 500 index closed lower for the third straight day as investors keenly look forward for fresh news around U.S. – China trade negotiations. While the index continues to consolidate (more…)
Results of Published Model Entries and Exits for Wednesday 03/06 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month: NOTE: The index by itself is NOT tradable. The model plans here based on the S&P index level can be used to trade (more…)
The Long-winded China (trade-talks) Road Getting Tiring, yet? The market seems a bit tired of waiting for, what feels like “eternally dragging on”, US-China trade talks’ resolution, and yet can not seem to ignore the potential upside (even if going to be short lived) of any such. For lack of any further catalysts to push upwards (more…)
