Bull Consolidation Completed. Another Inflection Point Indicated Soon! On Friday 07/06/18, the S&P 500 Index broke out of the 2735-45 range that we referred to in the forecasts all that week long, and triggered long (bought) positions by both our Medium-term and Intraday/Aggressive models, as alerted to in our Intraday Alert published on Friday afternoon (more…)
Note: Our nightly “S&P 500 Outlook,Forecast, and Trading plan for Friday, 07/13” – please check back later (usually published around 9:30pm/10:00pm EDT on Thursday). S&P 500 TODAY – THURSDAY 07/12 THE GIST (“THE WHAT”) The S&P 500 index rebounded from Wednesday’s sell-off as Technology sector outperformed amid a lull in trade war. Trade war concerns (more…)
INTRADAY ALERT – THU – MODEL POSITIONS Based on the S&P 500 Outlook/forecast published last night, here are the current positions held by our models: Medium-term/long-term Models FORECAST: “For Thursday, medium-term models indicate an indeterminate bias between 2760 and 2795. Above 2795, bulish bias, and bearish bias below 2760. Tight stops indicated in both the (more…)
Trade War Concerns Not Able to Dent the Bull Spirit! What Can, if Any? On Friday 07/06/18, the S&P 500 Index broke out of the 2735-45 range that we referred to in the forecasts all that week long, and triggered long (bought) positions by both our Medium-term and Intraday/Aggressive models, as alerted to in our (more…)
Note: Our nightly “S&P 500 Outlook,Forecast, and Trading plan for Thursday, 07/12” – please check back later (usually published around 9:30pm/10:00pm EDT on Wed). S&P 500 TODAY – WED 07/11 THE GIST (“THE WHAT”) Trade tensions came haunting back after the Trump administration announced Tuesday its plan to impose a second round of tariffs on (more…)
Potential Stalemate between the Bulls and Bears! Geopolitical/Macro Event(s) now Hold Sway! On Friday, the S&P 500 Index broke out of the 2735-45 range that we referred to in the forecasts all last week, and triggered long (bought) positions by both our Medium-term and Intraday/Aggressive models, as alerted to in our Intraday Alert published on (more…)
Note: Our nightly “S&P 500 Outlook,Forecast, and Trading plan for Wed, 07/11” – please check back later (usually published around 9:30pm/10:00pm EDT on Tue). S&P 500 TODAY – TUE 07/10 THE GIST (“THE WHAT”) With no major news headlines on the trade war front, the S&P 500 extended its recent rally for the fourth session (more…)
Bulls Settled In Full Force, Driving the Bears Into Hiding! On Friday, the S&P 500 Index broke out of the 2735-45 range that we referred to in the forecasts all last week, and triggered long (bought) positions by both our Medium-term and Intraday/Aggressive models, as alerted to in our Intraday Alert published on Friday (more…)
Note: Our nightly “S&P 500 Outlook,Forecast, and Trading plan for Tues, 07/10” – please check back later (usually published around 9:30pm/10:00pm EDT on Mon). S&P 500 TODAY – MON 07/09 THE GIST (“THE WHAT”) Extending last week’s optimism and rallying strongly for the third straight day, the S&P 500 index opened with significant gains as (more…)
Following our last INTRADAY UPDATE this morning around 11am EDT, the S&P 500 Index moved even higher and reached a session high of 2783.68 – thus approaching the 2775-85 level that we mentioned in our forecast. (click here for the forecast/trading plan)The trailing stops our models instituted have accordingly adjusted the stop trigger higher: now (more…)
