Today’s Trading Plan: Market Getting Crazy Eyes

2016-09-27T08:15:30-04:00September 27, 2016|

Technical Outlook: Big move for the S&P 500 (SPX) yesterday, as Monday’s sell-off took price back below the 5, 10 and 20-day moving averages.  Watch the rising trend-line off of the February lows on SPX as a test looms at 2124 area.  SPDRs S&P 500 (SPY) volume saw an increase yesterday, and [...]

Today’s Trading Plan: Market Acting Crazy Again

2016-05-12T06:59:44-04:00May 12, 2016|

Technical Outlook: Major reversal to the downside following Tuesday’s rally. But now today, SPX looking at gapping higher and challenging Tuesday’s highs once again.  Back in play is the head and shoulders pattern, particularly if today’s strength and gap up cannot hold.  Just a reminder, the market has not played [...]

Go to Top