Today’s Trading Plan: One Eye On Santa

2016-12-19T09:03:54-05:00December 19, 2016|

Technical Analysis: Another “sell-off” that was hardly a sell-off on Friday, where price basically stood still.  Right now, it is more likely that the bulls are alleviating overbought conditions through “time” rather than “price”.  The steep rising uptrend on S&P 500 (SPX) could possibly be tested today at 2252.  The only rising [...]

Today’s Trading Plan: Downside Momentum Starting to Pick Up

2016-10-28T09:14:16-04:00October 28, 2016|

Technical Outlook: S&P 500 (SPX) dropped for a third consecutive day yesterday. If the market sells off today, it would mark the first time since June 15th that SPX sold off four straight days.  On the volume side, SPDRs S&P 500 (SPY) saw a third straight day of rising volume and came in [...]

The Russell Index’s Ultimate Buy and Sell Signal

2016-04-29T10:45:54-04:00April 29, 2016|

Let’s just say that the Russell index does not like to put forward a good challenge to the 50-week moving average and this week has been no different. After testing the 50-week moving average last week for the first time since early December of last year, the Russell index tested [...]

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