S&P 500 INDEX MODEL TRADING PLANS for WED. 09/20 While the interest rate decision of the Fed at this week’s meeting is a foregone conclusion, it is the semantics of Chair Powell’s presser that the markets are going to obsess over. And, for the right reasons, as any indications of the Fed potentially pivoting to (more…)
S&P 500 INDEX MODEL TRADING PLANS for TUE. 09/19 While the interest rate decision of the Fed at this week’s meeting is a foregone conclusion, it is the semantic of Chair Powell’s every word that the markets are going to obsess over. And, for the right reasons, as any indications of the Fed potentially pivoting (more…)
S&P 500 INDEX MODEL TRADING PLANS for MON. 09/18 While the interest rate decision of the Fed at this week’s meeting is a foregone conclusion, it is the semantic of Chair Powell’s every word that the markets are going to obsess over. And, for the right reasons, as any indications of the Fed potentially pivoting (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 09/15 As of the latest trading plans we published yesterday, Wed. 09/13: “Our models indicate bearish bias for positional trades while the index is below 4470 on a daily close basis. The index has to close above 4507 for our models to abandon the bearish bias”. The (more…)
S&P 500 INDEX MODEL TRADING PLANS for THU. 09/14 As of the latest trading plans we published yesterday, Wed. 09/13: “Our models indicate bearish bias for positional trades while the index is below 4470 on a daily close basis. The index has to close above 4507 for our models to abandon the bearish bias”. Just (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 08/18 To start the week, our trading plans published on Monday, 08/14, stated: “The level of 4495-4505 is now the immediate key level for both Support and Resistance. 4445-4452 is the next support level, a daily close below which will turn our models cautiously bearish”. On Wednesday, (more…)
S&P 500 INDEX MODEL TRADING PLANS for THU. 08/17 Our trading plans published on Monday, 08/14, stated: “The level of 4495-4505 is now the immediate key level for both Support and Resistance. 4445-4452 is the next support level, a daily close below which will turn our models cautiously bearish”. Yesterday, this level was breached. We (more…)
S&P 500 INDEX MODEL TRADING PLANS for WED. 08/16 Our trading plans published on Monday, 08/14, stated: “The level of 4495-4505 is now the immediate key level for both Support and Resistance. 4445-4452 is the next support level, a daily close below which will turn our models cautiously bearish”. This support level is tested on (more…)
S&P 500 INDEX MODEL TRADING PLANS for TUE. 08/15 Our trading plans published yesterday stated: “The level of 4495-4505 is now the immediate key level for both Support and Resistance. 4445-4452 is the next support level, a daily close below which will turn our models cautiously bearish”. This support level is tested on the index (more…)
S&P 500 INDEX MODEL TRADING PLANS for MON. 08/14 With the Fed’s interest rate policy, inflation, and the earnings almost in the rear view mirror, markets might be going back to the basics this week in search of a direction. Our trading plans published on Thu., 08/10 stated: “Our models continue to indicate choppy markets (more…)
