Precarious, but Upward All of last week, the index was confined to trading within our models’ published range of 3930-3880, with the Friday’s close of 3934+ registering a potential breakout. Our models are starting this trading week with 3930 as the baseline to watch. For positional trading, models indicate a long bias while above 3930...

Range Bound This whole week, the index has been confined to trading within our models’ published range of 3930-3880, and it looks like we might be closing within that range today as well. Models indicate no directional price movements while the index is within this range on a daily close basis. For positional trading, models...

Battleground Range In Focus! With yesterday’s session high of 3931.50 and session low of 3884.94, the index tested our models’ published range almost to the point. Until the range is breached one way or another, models indicate 3930-3880 as the key battleground range for the near term. For positional trading, models indicate a long bias...

Battleground Range 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 3920-3870 as the key battleground range for the near term. For positional trading, models indicate a long bias while above 3850 and a short...

No Reversal In Sight, Yet 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 3915-3880 as the key range to monitor today. For positional trading, models indicate a long bias while above 3850 and a...

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...