Standing Their Ground In our trading plans published on Wed, 06/30, we wrote: “Our models are looking for a sustained daily close above 4310 on Tue, 07/06 (after the long weekend) to open any new longs”. Yesterday morning’s weakness evaporated eventually, based on the hopes that Fed is under control still. For positional trading: Our (more…)
Results of Published Model Trades for THU 07/08 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…)
Bulls Tiring Out? In our trading plans published on Wed, 06/30, we wrote: “Our models are looking for a sustained daily close above 4310 on Tue, 07/06 (after the long weekend) to open any new longs”. This key level is under attack in the pre-market session this morning. A close below 4300 today could spell (more…)
Results of Published Model Trades for WED 07/07 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…)
Results of Published Model Trades for TUE 07/06 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…)
Resting Period? The 4310 mentioned in our last trading plan has been comfortably breached and the bulls are enjoying a comfortable ride up over the quarter end and the July 4th related thin trading. Now that full liquidity is likely coming back, there could be some consolidation ahead before a short term directional leg unfolds. (more…)
Results of Published Model Trades for THU 06/30 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…)
Quarter-end Window Dressing? In our trading plans yesterday, Tue 06/29, we wrote: “The index made a new record intraday high at 4300.7 and it looks like it could be the high for the session, and if not taken out tomorrow then it could be the high for some time to come. Holiday related thin trading (more…)
Results of Published Model Trades for THU 06/29 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 High In? The index made a new record intraday high at 4300.7 and it looks like it could be the high for the session, and if not taken out tomorrow then it could be the high for some time to come. Holiday related thin trading in the coming days could test it in a (more…)
