S&P 500 INDEX MODEL TRADING PLANS for THU. 4/11/24 We started last trading week with these words in our trading plans: “A daily close below 5170 is needed for the current bullish bias to be negated. This level appears poised to be tested this week sometime, and whether it rebounds from there or not would (more…)
S&P 500 INDEX MODEL TRADING PLANS for WED. 4/10/24 We started last trading week with these words in our trading plans: “A daily close below 5170 is needed for the current bullish bias to be negated. This level appears poised to be tested this week sometime, and whether it rebounds from there or not would (more…)
S&P 500 INDEX MODEL TRADING PLANS for TUE. 4/9/24 We started last trading week with these words in our trading plans: “A daily close below 5170 is needed for the current bullish bias to be negated. This level appears poised to be tested this week sometime, and whether it rebounds from there or not would (more…)
S&P 500 INDEX MODEL TRADING PLANS for MON. 4/8/24 The much hotter than expected Non-Farm Payrolls numbers could be further dampening the rate-cut hopes, but the early market action does not indicate to any melt down from the bulls. At least, not yet. We started last trading week with these words in our trading plans: (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 4/5/24 The much hotter than expected Non-Farm Payrolls numbers could be further dampening the rate-cut hopes, but the early market action does not indicate to any melt down from the bulls. At least, not yet. We started this trading week with these words in our trading plans: (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 3/8/24 As we have been publishing for the last few days: “Bears need to be patient and not jump the gun, as any hasty shorts could prove to be choking in another bear trap”. This morning’s NFP numbers show that Powell’s unexpected dovish tone yesterday could be (more…)
S&P 500 INDEX MODEL TRADING PLANS for MON. 01/08 After breaking out of a 9-week bull run, markets appear to be looking for a direction for the next leg. The stronger-than-expected Non Farm Payrolls number could be stoking the stickier-than-anticipated inflation concerns anew. After dipping right after the NFP release, the index futures are fighting to (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 01/05 The stronger-than-expected Non Farm Payrolls number could be stoking the stickier-than-anticipated inflation concerns anew. After dipping right after the NFP release, the index futures are fighting to crawl back up, but it could give in once the regular session opens. How today’s daily close registers could (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 10/06 As we published in our trading plans yesterday, Thu. 10/05: “With JOLTS on Tuesday, Initial Jobless Claims Numbers this morning, and Non-Farm Payrolls tomorrow, this week is all about Jobs and Jobs. So far, there is no sign of any letting up in the strength of (more…)
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…)
