Bears Getting a Little Bolder? As our models were indicating over the last two weeks, we could have seen the crescendo at the 61.8% retracement around 2950 during the last week of April, unless the index successfully tests that level this week. Between 2850 and 2950, our models would be in an indeterminate state, below (more…)
Results of Published Model Trades for TUE 05/12 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…)
Bulls and Bears…Feeling Tired… Last Monday (05/04) morning we wrote: “The worse than estimated GDP contraction, the 30+ million total job losses, and mainly, Warren Buffet sitting tight on his hand…seem to be finally catching up with the markets this week? A daily close below 2780 today will confirm that”. Of course, we didn’t get (more…)
Results of Published Model Trades for MON 05/11 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…)
Tired Bulls, Timid Bears Last Monday (05/04) morning we wrote: “The worse than estimated GDP contraction, the 30+ million total job losses, and mainly, Warren Buffet sitting tight on his hand…seem to be finally catching up with the markets this week? A daily close below 2780 today will confirm that”. Of course, we didn’t get (more…)
Our Models are Sitting out the Markets Today Yesterday morning our Trading Plan said: “As our models were indicating all week last week, we could have seen the crescendo at the 61.8% retracement around 2940 last week, unless the index reclaims the 2900 handle this week. Can we manage to get a daily close above (more…)
Results of Published Model Trades for THU 05/07 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…)
All Noise and No Signal Monday morning we wrote: “The worse than estimated GDP contraction, the 30+ million total job losses, and mainly, Warren Buffet sitting tight on his hand…seem to be finally catching up with the markets this week? A daily close below 2780 today will confirm that”. Of course, we didn’t get that (more…)
Results of Published Model Trades for WED 05/06 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…)
All Sizzle and No Steak – Market Action Lacks Direction Monday morning we wrote: “The worse than estimated GDP contraction, the 30+ million total job losses, and mainly, Warren Buffet sitting tight on his hand…seem to be finally catching up with the markets this week? A daily close below 2780 today will confirm that”. Of (more…)
