S&P 500 INDEX MODEL TRADING PLANS for FRI. 09/01 As we wrote in our trading plans published Mon. 08/28: “If we get a daily close above 4415 today then our models will flip to a moderately bullish bias. If not, they will continue to sport their bearish bias”. We got this confirmation with Monday’s close, (more…)
S&P 500 INDEX MODEL TRADING PLANS for TUE. 08/29 As we wrote in our trading plans published yesterday, Mon. 08/28: “If we get a daily close above 4415 today then our models will flip to a moderately bullish bias. If not, they will continue to sport their bearish bias”. We got this confirmation with yesterday’s (more…)
S&P 500 INDEX MODEL TRADING PLANS for MON. 08/28 As we wrote in our trading plans published Thu. 08/24: “It remains to be seen if this morning’s surge above 4400 will be convincing enough for our models to abandon the bearish bias by tomorrow”. On Friday, 08/25, we wrote: “Based on the early session action, (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 08/25 Notwithstanding Chair Powell’s Jackson Hole speech, our models continue to not give credence to the bounce above 4400 in SPX. We need confirmatory signs before we negate our bearish bias. In our trading plans published Thu. 08/17, we wrote: “The index is approaching the 4400 level (more…)
S&P 500 INDEX MODEL TRADING PLANS for THU. 08/24 In our trading plans published Thu. 08/17, we wrote: “The index is approaching the 4400 level this morning. If it breaks down, then 4385 will be the next support”. The index closed below that level on Thursday, and took down multiple support levels since then, and (more…)
S&P 500 INDEX MODEL TRADING PLANS for WED. 08/23 In our trading plans published Thu. 08/17, we wrote: “The index is approaching the 4400 level this morning. If it breaks down, then 4385 will be the next support”. The index closed below that level on Thursday, and took down multiple support levels since then, and (more…)
