S&P 500 INDEX MODEL TRADING PLANS for MON. 7/29/24 As of Friday, 7/19/24, morning we have negated our bullish bias, and adapted a bearish bias with the index closing at 5544.59 – just less than half a point below our critical level that we have been publishing for the last few weeks – in the (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 7/26/24 As of Friday, 7/19/24, morning we have negated our bullish bias, and adapted a bearish bias with the index closing at 5544.59 – just less than half a point below our critical level that we have been publishing for the last few weeks – in the (more…)
S&P 500 INDEX MODEL TRADING PLANS for THU. 7/25/24 As of Friday, 7/19/24, morning we have negated our bullish bias, and adapted a bearish bias with the index closing at 5544.59 – just less than half a point below our critical level that we have been publishing for the last few weeks – in the (more…)
S&P 500 INDEX MODEL TRADING PLANS for WED. 7/24/24 As of Friday, 7/19/24, morning, we have negated our bullish bias, and adapted a bearish bias with the index closing at 5544.59 – just less than half a point below our critical level that we have been publishing for the last few weeks – in the (more…)
Markets Approaching an Inflection Point? (theme continued from yesterday) As we pointed out, S&P 500 index registered eleventh consecutive green candle on the daily charts (on an open-close basis) on Friday, 01/18, and it was to be expected to be broken, which it did yesterday with the close in the red. The index is now (more…)
Markets Approaching an Inflection Point? S&P 500 index registered eleventh consecutive green candle on the daily charts (on an open-close basis) on Friday, 01/18! The index is now resting near the big resistance level of 2675, and if it closes above 2675 on a daily basis then we are looking at 2710-2715 area as the (more…)
Is That a Real Bull in Sight? Not so Fast – Price Action till Monday Close Needed to Gain Clarity and Conviction! S&P 500 index registered tenth consecutive green candle on the daily charts (on an open-close basis)! The index tested the upper end of the 2635-2645 resistance band we mentioned in our forecast yesterday (more…)
