Start of a New Trading Month After Three Consecutive Losing Weeks! Will the Bulls Show Up on Monday? S&P 500 Index has seen three consecutive losing weeks, with lower lows and lower highs. The action on last Thursday showed potential bull reaction, followed by consolidation on Friday.  The bulls are weak while the bears are (more…)

Bulls Weak But Not Out! Can Bears Step Up Their Attack? S&P 500 Index witnessing a dog-fight between the bulls and the bears with alternate losses to each side in the last two days. The action today was almost a mirror image of the action yesterday – the index broke through strong support levels to (more…)

The Dancing Bear – How Long Can It Celebrate Before the Bulls Attack? S&P 500 Index witnessed a dog-fight between the bulls and the bears today, Wed 06/27. The index was up some 23+ points by midday, only to give it all up and close at 2699.63, down 23.43 points! Our Intraday Alert published at (more…)

The Bear To Consolidate Its Position or Retreat? S&P 500 Index tried to approach and test the key level of 2735 on Tuesday – the index registered the session’s high at 2732.91 as of our Intraday Alert published at 2:10pm (click here for details). Tuesday’s modest gains look more like bear consolidation rather than like (more…)

The Lurking Bear Spotted In the Open! As clearly mentioned in our forecast for Monday – published Sunday night: The bulls seem weakened with the action last week, but still the bearish territory is not in sight yet. The index is approaching the key level of 2740, which could bring in climactic reactions in either (more…)

Tug-of-War – Advantage the Lurking Bear? As indicated in our Models’ Weekend Positioning report published last Friday around 3:30pm (click here for details), our short term/intraday/aggressive models ended the week with a short (sell) position with a stop-loss at 2766. As forecast in that report: “Models are flashing a little weaker bulls and speculate another (more…)

Tug-of-War – Week-2, Day-5…Climactic Friday? As indicated in our Intraday Alert Thursday morning (click here for details), the market broke through the 2760 level in the first hour of the session, triggering a Short position by our intraday models, according to the trading plan given in our forecast published Wednesday night (click here for details). Yes, again profitable (more…)

Tug-of-War Along Our Proprietary Key Levels – Week-2, Day-4? As indicated in our Intraday Alert this morning (click here for details), the market approached two key levels we mentioned in our forecast published last night (click here for details), which mentioned as key levels to base the intraday or medium-term trades off of: 2765 (the Index’s low (more…)

Tug-of-War Along Our Proprietary Key Levels – Week-2, Day-3? As indicated in our Intraday Alert this morning (click here for details), the market approached one of the three key levels our models are monitoring at 2740 to register the day’s low at 2743.19 and then bounced off of that level to close at 2762.59.  As mentioned (more…)

Tug-of-War Along Our Proprietary Key Levels – Week-2, Day-2? To put the “Tug-of-war” into perspective, consider this statistic: In the last ten years (since 2008/06/14), S&P 500 closed within Monday’s 5.91 points range ONLY 68 times out of 2,517 trading sessions! That is, just 2.7% of the times!! That’s how rare Monday’s close is, and (more…)