The New Battle for Territory Continues – Day 4 Our intraday models’ trading plan for Wed, 09/12, published before the markets opened, stated: “For today’s regular session, the medium term models indicate an “indeterminate” bias and waiting for a daily close above 2893 or below 2863 to take any directional trades” (click here to read the (more…)
S&P 500 OUTLOOK for WED 09/12
Crytal Ball in our Models? Not Really, But the New Battle for Territory Continues – Day 3 Our intraday models’ trading plan for Tue, 09/11, published before the markets opened, stated: “For today’s regular session, the medium term models indicate an “indeterminate” bias and waiting for a daily close above 2888 or below 2863 to (more…)
S&P 500 OUTLOOK for TUE 09/11
Bulls Lost their Territory, Bears Yet to Gain It! It’s a New Battle! Our intraday models’ trading plan for Friday, 09/07, published before the markets opened, stated: “Our models did indeed pick up signals that the recent bullish trend might have been broken on Friday, and are waiting to determine if today’s (Mon, 09/10) market (more…)
S&P 500 OUTLOOK for MON 09/10
Bullish Trend Possibly Broken on Friday! Wait for Today’s Close to Confirm! Our intraday models’ trading plan for Friday, 09/07, published before the markets opened, stated: “the medium term models indicate an “indeterminate” bias and waiting to monitor the daily close today AND Monday to determine their next trading strategy” (click here to read the full (more…)
S&P 500 OUTLOOK for FRI 09/07
Bullish trend broken? Today’s post-JobsReport close to signal, and Monday’s close to confirm! Our intraday models’ trading plan for yesterday, Thu 09/06, published before the markets opened, stated: “The models would go long on a break above 2912, and go short below 2884 – both with a tight 6-point trailing stop” (click here to read (more…)
S&P 500 OUTLOOK for THU 09/06
Bull Consolidation Week? Day 3 Our S&P 500 Index intraday models’ indicated on Friday, 08/31, that they see bull consolidation ahead. And, the index indeed did not have much movement that day, and it closed just 0.39 points above previous day’s close. We reiterated that call for the new trading week yesterday, Tue, 09/04 – the (more…)
S&P 500 OUTLOOK for WED 09/05
Bull Consolidation Week? Day 2 Our S&P 500 Index forecast for yesterday, Tue 09/04, stated: “Models indicate that there is no risk to the current bull run while the index is above 2885″ (click here to read the full text to verify this claim). The index indeed followed this with the session’s low registered at (more…)
S&P 500 OUTLOOK for TUE 09/04
Bull Consolidation Week? Day 1 Our S&P 500 Index intraday models’ indicated on Friday, 08/31, that they see bull consolidation ahead. And, the index indeed did not have much movement that day, and it closed just 0.39 points above previous day’s close. Considering the runaway bullish action in the last couple of weeks, trade-tensions notwithstanding, the (more…)
S&P 500 OUTLOOK for FRI 08/31
Bull Consolidation ahead, as the NAFTA Drama Climaxes and New Trade Tensions get Stoked? Our intraday models have closed our second profitable trade (out of the two trades taken) this week, on top of a double digit point profit trade this week, which was preceded by a double digit point profit trade closed last week! (more…)