Today’s Trading Plan: Can the Bears Fight Off 2100

2016-07-05T07:32:01-04:00July 5, 2016|

Technical Outlook: SPX rallied a meager 4 points on Friday to close just a shade below 2103, giving up much of its mornings gains throughout the trading session.  Declining resistance off of the June highs are in play and could be broken today.  For the first time during this 4-day [...]

Today’s Trading Plan: Rallies Die Above 2100

2016-06-13T09:01:02-04:00June 13, 2016|

Technical Outlook: Nasty sell-off on Friday, that had only a marginal dip buy at the close.  Overall, the market lost its 5 and 10-day moving averages and the last two trading sessions alone have wiped out the previous nine days of upward price movement.  As a result, there has to [...]

Go to Top