Interim Low In at 3855 In our last trading plans published on Thu., 05/12, we wrote: “If/when the S&P hits that level at 3855, our models expect an initial reaction of rebound. Whether that rebound would stave off the bear market or will be short lived is anybody’s guess”. Markets hit that 3855 session low (more…)
The Battle of 3855 (3854.90, to be precise) The 20% down level for the S&P 500 Index from its all time high of 4818.62 comes in at 3854.90, which is yet to be breached. After testing the session low at 3858.87 (3855 on the e-mini futures) last Thursday, 05/12, the index rebounded from that level. (more…)
It’s a Red Hot Bull! After turning cautiously bullish on Tue, 03/30, our models continue to sport bullish bias into today. The index cleared the upside target of 4106 last Friday and our models are indicating no near term threat to the bullish bias while the index is above 4106. For positional trading: Our models...
Results of Published Model Trades for TUE 08/06 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. (please click here to view the Outlook and Trading Plans published in the morning, that these results refer to) (please click here to view (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Monday, 03/18” will be posted around 8:30am EDT, Monday. THE GIST (“THE WHAT”) Resuming its rally after a brief pause in the previous session, the S&P 500 logged a best weekly gain since November 30, 2018 and closed convincingly above the key resistance level (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 03/14” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) Latest signs of subdued inflation boosted the S&P 500 index higher for the third straight session. Breaching the psychologically important 2800 level after several failed attempts to regain this closely watched (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 03/12” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) Rebounding from a five day losing streak, a strong Tech-led rally lifted the S&P 500 index to regain the key technical support of 200 DMA (now at 2751.15) once again after (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 03/05” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) Building on previous session’s trade optimism, the S&P 500 index gapped higher at the open following weekend news that the U.S. and China are nearing an agreement to end their long-standing (more…)
Results of Published Model Entries and Exits for Thursday 01/31 Per the plans published in the morning today, our medium-term models yielded 6.95 index points in gains on one long trade, and our aggressive models resulted in 19.95 index points in gains on one long trade.With this, our models are closing out the month of (more…)
Results of Published Model Entries and Exits for Wednesday 01/30 Per the plans published in the morning today, our medium-term models yielded 24.44 index points in gains on one long trade, and our aggressive models resulted in 0.67 index points in gains on two long trades.Below, you will find the detailed tracking of our models’ (more…)
