S&P 500 INTRADAY ALERT – Position Update – PROFIT TARGET HIT: As mentioned in our INTRADY update just an hour back: “– Intraday, aggressive Models are currently short at 2714, with a stop at 2718 and a target of 2708.”The profit tartget is just filled a few minutes back (on e-mini futures, ES) at 2708 and (more…)

From our trading plan for today – published last night: (1) “Aggressive, intraday models indicate trading from the long side while above 2725 and from the short side while below 2715 with tight stops (as small as 5 to 10 points). Stay flat between 2725 and 2715 (if not already long from this morning).”  – Intraday, aggressive Models are currently short at 2714, with a stop at 2718 (more…)

(1) You read it here, in our outlook published last night:  – “Stay flat between 2683 and 2705.” (aggressive, short term traders)– “Models indicate no short bias until below 2675.” (medium term investors)So, whether you consider yourself a medium term investor or an aggressive, short term trader, you would NOT have sold short the market today, and hopefully avoided losses on any such (more…)

S&P 500 testing the KEY level of 2715 mentioned in our SP500 outlook published last night (current high for the day registered two points beyond, at 2717.26 with the index currently at 2714.93 @ 1125am EDT). If the index closes above 2705 today, it will negate yesterday’s bear push and point to it as a (more…)

Traders AI – Powered by Artificial Intelligence AND Driven by Natural Wisdom. Good morning! There are a bunch of economic releases scheduled for 0830am EDT: – US GDP Annualized Quarter-over-Quarter– US GDP Price Index– US Advance Goods Trade Balance– US Wholesale Inventories– US Personal Consumption– US Core PCE Expect a lot of whipsaws around these (more…)

S&P 500  THE GIST (The “What”): The index opened Tuesday’s session sharply lower as Italy’s political chaos threatened a global slow down. The broad based sell-off slowed down during the afternoon session and attempted to reverse, reaching the day’s high at 2710.67 (close to the 100 DMA now at 2710.63) following the release of Consumer (more…)

S&P 500 is testing the KEY 2680 level mentioned in our forecasts numerous times over the last few weeks. Our aggressive models closed the booked the short trade profits early and are currently flat, cautious of potential spikes up from the 2680-75 level. IF today closes below 2680, then we enter the bear territory. Today’s (more…)