Models Took Profits on the Longs and Went Flat In yesterday’s trading plans, we wrote: “Until there is a clear confirmation of a directional change, our positional models continue to sport a long bias – which could very well be occurring today if the daily close is going to be below 4515 (typo had it (more…)
Results of Published Model Trades for WED 09/08 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…)
A Potential Drift Lower Currently, the markets appear to be entering into an exhaustion phase, following a long string of record highs. However, there is no downside threat seen by our models, yet. Until there is a clear confirmation of a directional change, our positional models continue to sport a long bias – which could (more…)
Results of Published Model Trades for TUE 09/07 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…)
No Catalysts Until Earnings With last Friday’s Jobs data disappointing and the COVID related headlines not very encouraging, the markets might take a pause until the earnings season kicks in. However, there is no downside threat seen by our models, yet. Until there is a clear confirmation of a directional change, our positional models continue (more…)
Results of Published Model Trades for WED 09/01 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…)
First Trading Day of the Month With the first-of-month flows likely supporting the index today (our regular readers recognize this bias in our trading plans), there may not be any meaningful pullback today even if there is some negative headlines, until the payroll data are released this Friday morning. Until there is a clear confirmation (more…)
Results of Published Model Trades for TUE 08/31 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…)
Market Bull Ensconced in Its Territory With the first-of-month flows likely supporting the index tomorrow, there may not be any meaningful pullback – if at all it is in the offing – until the payroll data are relased this Friday morning. Until there is a clear confirmation of a directional change, our positional models continue to (more…)
Results of Published Model Trades for MON 08/30 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…)
