Stimulus Talks Continue Feeding this Bull With the breakout above the 3835 levels models indicated last Wednesday, our models shifted to a bullish bias, and remain so while the index is above 3830. Models indicate 3908-3890 as the key range to monitor today. For positional trading, models indicate a long bias while above 3830 and...

This Bull Unstoppable?! With the breakout above the 3835 levels models indicated in Wednesday, our models are now in a bullish bias mode, and remain so while the index is above 3830. Models indicate 3880-3820 as the key range to monitor. For positional trading, models indicate a long bias while above 3830 and a short...

Range Compression Choppiness Our trading plans for this Monday, 02/01, stated: “Our models flipped to a bearish bias last Friday (01/29) and will maintain it while the index is below 3800 on a daily close basis”. The index tested breaking above that 3800 level on Tuesday but our models are not negating the bearish bias...

Choppy Markets Ahead! Our trading plans for yesterday (Mon, 02/01) stated: “Our models flipped to a bearish bias last Friday (01/29) and will maintain it while the index is below 3800 on a daily close basis”. The index is testing breaking above that 3800 level this morning – remains to be seen if it can...

Slippery Slope Ahead! Our models flipped to a bearish bias last Friday (01/29) and will maintain it while the index is below 3800 on a daily close basis. Models indicate 3775-3730 as the key range to monitor today. For positional trading, models indicate a long bias while above 3805 and a short bias while below...

This Red-hot Bull is Broken! Our models started this week with the Monday’s trading plans stating: “This week likely to cement the 3850-60 as the new top or the new base for the next leg up. Our models indicate this week’s price action as pivotal for the next leg in the markets”. Today, the last...

All Noise and No Signal The potential inflection point our models were flashing yesterday seems to have manifested within the next few hours, with the markets’ steep drop in the afternoon session. Nevertheless, our models are NOT turning outright bearish but are still in an indeterminate state and are looking at evaluating the confirmation of...

Markets Approaching an Inflection Point! We started this week with this theme: “This week likely to cement the 3850-60 as the new top or the new base for the next leg up. Our models indicate this week’s price action as pivotal for the next leg in the markets”. On the third day – as of...