Our Key Level is Again in Play On this FOMC Day After breaking through the 3793 level we published for the last few days, the index is now rushing to test the 3855 level our models have been talking about multiple times in the last few weeks. This is the “20% down from the last (more…)
Inflation Fears leading to Recession Scares As we stated in our trading plans on Thursday, 06/30 morning: “the index is now testing a key range of 3765-3793”. This range was breached that day but the index climbed back up. This range is in play again this morning. If the index registers a daily close below (more…)
The ISM Release to Set the Market Tone Next? As we stated in our trading plans yesterday morning: “the index is now testing a key range of 3765-3793”. This range was breached yesterday but the index climbed back up close, and is testing the upper limit approaching the session open. The ISM release at 10:00am (more…)
