Results of Published Model Trades for MON 04/13 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…)
New Highs or Consolidation Ahead? The 50% retracement from last month’s crash is under test at 2796. A daily close above 2800 is needed to confirm the potential for further highs, while a failure to take it out means that the next leg would be to the down side. Only time can tell which side (more…)
Results of Published Model Trades for THU 04/09 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 Gunning for the Next Top? In yesterday’s trading plans wrote: “we need a daily close above 2750 to negate this”. The market easily negated that top and the opening action on the index indicates that bulls might be gunning for the next top – the 50% retracement level around 2793. A daily close above (more…)
Results of Published Model Trades for WED 04/08 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…)
Interim Top in Place! Our models are indicating that an interim top might be in place yesterday, and we need a daily close above 2750 to negate this. A daily close below 2630 confirms the top and might resume some selling pressure. Models caution against leaving any longs open overnight while below 2750. Between 2630 (more…)
Results of Published Model Trades for TUE 04/07 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…)
Key Fibonacci Retracement Target Reached For the last two weeks, every morning we wrote (you can go access any day’s trading plan to see it for yourself) that our models have been looking for a daily close above 2620 to adopt a slightly bullish bias, which we got yesterday. Sure enough, overnight futures have already (more…)
Results of Published Model Trades for MON 04/06 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…)
Roller Coasters Can be Fun…Until Your Stomach Starts Churning Overnight futures are up more than 3% on apparent optimism about early signs of flattening of the “corona-curve”. FOMO seems to be driving the markets’ upside, and fear, pain (of not being able to take the losses in the choppy moves), and structural issues (margin calls, (more…)
