Technical Outlook (SPX): SPX cooled off yesterday, albeit barely, finishing slightly lower for only the second time in six trading sessions. 5-day moving average continues to represent a short-term rising support level, that SPX has held Volume continues to be particularly weak across the board, especially with SPY. However, we’ve seen this numerous times
Technical Outlook (SPX): Additional follow through yesterday on SPX that pushed price just below 2100 at the close. Volume on SPY remains very light. SPX 30 minute chart exhibits a very strong upward trending market that has yet to show any signs of breaking. Despite the recent rallying over the past two weeks, the
Here's tomorrow's swing-trading watch-list: Long Microsoft (MSFT) Long Marathon Oil (MRO) Long Textron (TXT) Long KBR Inc. (KBR) Long Linear Technology (LLTC)
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If you are trying to figure out how to trade these crazy markets, or just looking for the best community of trades to spend your day with, and in the process get some excellent trade ideas, then sign up for a Free 7-Day Trial to the SharePlanner Splash Zone where you will be given access to the member
Pre-market update: Asian markets traded 1.3% lower. European markets are trading 1.7% lower. US futures are trading 0.7% lower ahead of the market open. Economic reports due out (all times are eastern): ICSC-Goldman Store Sales (7:45), Redbook (8:55), JOLTS (10), Wholesale Trade (10), Technical Outlook (SPX): SPX looking at a major gap down to start the
Pre-market update: Asian markets traded 0.1% higher. European markets are trading 0.8% lower. US futures are trading flat ahead of the market open. Economic reports due out (all times are eastern): None Technical Outlook (SPX): Some weakness creeping into the pre-market to start the week off. Once the market opens, SPX will need to try