S&P 500 INDEX MODEL TRADING PLANS for TUE. 11/21 The retail news this week could be a harbinger of consumer weakness to unfold in the coming days/weeks. Added to that, the recent spike up sparked by the post-FOMC rally appears to have gone too far to be sustainable, and a potential consolidation ahead is likely (more…)
S&P 500 INDEX MODEL TRADING PLANS for MON. 11/20 The precarious rally which started post-FOMC has gained additional momentum with this week’s tame inflation numbers. As we have been publishing for the last one week: “Our models indicate 4385 as the immediate resistance, followed by 4415 as the main resistance for the bulls to overcome”. (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 11/17 The precarious rally started post-FOMC has gained additional momentum with this week’s tame inflation numbers. As we have been publishing for the last one week: “Our models indicate 4385 as the immediate resistance, followed by 4415 as the main resistance for the bulls to overcome”. The (more…)
S&P 500 INDEX MODEL TRADING PLANS for THU. 11/16 The precarious rally started post-FOMC has gained additional momentum with this week’s tame inflation numbers. As we have been publishing for the last one week: “Our models indicate 4385 as the immediate resistance, followed by 4415 as the main resistance for the bulls to overcome”. The (more…)
S&P 500 INDEX MODEL TRADING PLANS for TUE. 11/14 The precarious rally started post-FOMC has gained additional momentum with this morning’s tame CPI numbers. As we have been publishing for the last one week: “Our models indicate 4385 as the immediate resistance, followed by 4415 as the main resistance for the bulls to overcome”. The (more…)
S&P 500 INDEX MODEL TRADING PLANS for MON. 11/13 As we have been publishing for the last one week: “Our models indicate 4385 as the immediate resistance, followed by 4415 as the main resistance for the bulls to overcome”. The index has tested the 4385 level and got rejected swiftly. On Friday, it barreled thru (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 11/10 After testing low 4100’s, the index has rebounded this week in the midst of an influx of macro economic news which culminated into the FOMC last week. Last week’s flurry of macro economic releases added to the upside momentum in an apparently “relief rally”. This week (more…)
S&P 500 INDEX MODEL TRADING PLANS for THU. 11/09 After testing low 4100’s, the index has rebounded this week in the midst of an influx of macro economic news which culminated into the FOMC last week. Last week’s flurry of macro economic releases added to the upside momentum in an apparently “relief rally”. This week (more…)
S&P 500 INDEX MODEL TRADING PLANS for WED. 11/08 After testing low 4100’s, the index has rebounded this week in the midst of an influx of macro economic news which culminated into the FOMC last week. Last week’s flurry of macro economic releases added to the upside momentum in an apparently “relief rally”. This week (more…)
S&P 500 INDEX MODEL TRADING PLANS for TUE. 11/07 After testing low 4100’s, the index has rebounded this week in the midst of an influx of macro economic news which culminated into the FOMC last week. Last week’s flurry of macro economic releases added to the upside momentum in an apparently “relief rally”. This week (more…)