The Battle of 3855 (3854.90, to be precise) The 20% down level for the S&P 500 Index from its all time high of 4818.62 comes in at 3854.90, which is yet to be breached. After testing the session low at 3858.87 (3855 on the e-mini futures) last Thursday, 05/12, the index rebounded from that level. (more…)
Results of Published Model Trades for WED 05/18 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 Low In at 3855 In our last trading plans published on Thu., 05/12, we wrote: “If/when the S&P hits that level at 3855, our models expect an initial reaction of rebound. Whether that rebound would stave off the bear market or will be short lived is anybody’s guess”. Marktes hit that 3855 session low (more…)
Results of Published Model Trades for THU 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…)
Consolidation If/Once S&P Hits the 20% Down Mark With the markets’ relentless selling, the S&P 500 has come just about 2% away from the technical definition of a bear market (20% down from the peak). If/when the S&P hits that level at 3855, our models expect an initial reaction of rebound. Whether that rebound would (more…)
Results of Published Model Trades for WED 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…)
“Inflation Peaked” Narrative to Push the Markets Up? This mornings hotter than expected Inflation report could be slowly making the chatter of “inflation peaked” a bit louder and stronger. Whether that can really prop up the markets and make yesterday’s intraday low of 3958.17 the (interim) bottom remains to be seen. Our models continue to (more…)
Results of Published Model Trades for TUE 05/10 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…)
Yet Another Bull Trap Called! While the TV talking heads were all telling you to buy into the post-Fed rally, we published our trading plans last Thursday morning with CAUTION as the theme. The index gave up more than 200 points (around 5%) since then, and our models escaped the rout unscathed! We thank our (more…)
Results of Published Model Trades for THU 05/05 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…)
