The bull standing its ground BUT struggling to push forward Last week the S&P 500 Index #SP500 #SPX #SPY #ES closed lower for the week. This marked second week of losses for the index. Nevertheless, the index continues to stay above the key level of 100-DMA since it closed above the indicator on 5/10/2018. Importantly, (more…)
Just two hours back, you read it here: “Despite the seeming weakness at the opening bell, the bears could not push S&P 500 Index #SP500 #SPX #SPY #ES even into the 2715-2705 consolidation band today so far (11:45am EDT), unlike the last two days”. As if the bears took offense to those words, the index was pushed (more…)
brought to you by: TRADERSAI – Artificial Intelligence driven by Natural Wisdom Despite the seeming weakness at the opening bell, the bears could not push S&P 500 Index #SP500 #SPX #SPY #ES even into the 2715-2705 consolidation band today so far (11:45am EDT), unlike the last two days. At the same time, the bulls have (more…)
The bull standing its ground… As stated in this morning’s real time commentary – posted around 11am EDT – the 2710 level was tested again (with the day’s low registered at 2707.38) and it again proved as a strong support and the index never broke below it throughout the session since posting that message (if this reads like (more…)
brought to you by: TRADERSAI – Artificial Intelligence directed by Natural Wisdom S&P 500 Index #SP500 #SPX #SPY #ES is testing the 2715-2705 consolidation band again – for the second day in a row since originally forecast on the 22nd night. If the index closes below this band today, then the bears will gain initial strength, (more…)
